NOT LISTED FOR SALE

40415 Basalt Elm Ln Magnolia, TX 77354

Estimated Value: $330,000

4 Beds
3 Baths
2,173 Sq Ft
$152/Sq Ft Est. Value

Last Sold June 07, 2024

Current estimated payment $1,837/month

6 Days on Market

Highlights

  • New Construction
  • ENERGY STAR Certified Homes
  • Adjacent to Greenbelt
  • Magnolia Parkway Elementary School Rated A-
  • Home Energy Rating Service (HERS) Rated Property
  • Traditional Architecture

About This Home

As of June 2024

Exceptional Open Concept 2 story 4 bedroom home with gameroom!! Two bedrooms down!! Features Include Open Concept living w/large dining room open to family room & kitchen! Primary bathroom suite offers huge walk in closet! Features include shaker style cabinets, quartz contertops, 4 burner gas cooktop w/SS appliances, tile wall surrounds in bathrooms, smart home system, full sprinklers, front & back sod, fully front landscape, tankless water heater, LED lighting and more! Large covered patio overlooks the backyard! Mill Creek Offers 50' wide lots! Call us today to schedule your showing!

Last Agent to Sell the Property

Karlo-Andre Castillo

Texas United Realty License #0756461 Listed on: 02/27/2024

Texas United Realty

Last Buyer's Agent

Uriel Rodriguez

Realty World Elite Group License #0654015

Realty World Elite Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $554

Year Built

  • Built in 2024 | New Construction

Lot Details

  • Adjacent to Greenbelt
  • East Facing Home
  • Back Yard Fenced
  • Sprinkler System
  • Cleared Lot

HOA Fees

  • $63 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Composition Roof
  • Wood Siding
  • Stone Siding
  • Radiant Barrier

Interior Spaces

  • 2,173 Sq Ft Home
  • 2-Story Property
  • Vinyl Flooring
  • Washer and Electric Dryer Hookup

Kitchen

  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Quartz Countertops
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Home Security

  • Prewired Security
  • Fire and Smoke Detector

Eco-Friendly Details

  • Home Energy Rating Service (HERS) Rated Property
  • ENERGY STAR Qualified Appliances
  • Energy-Efficient Windows with Low Emissivity
  • Energy-Efficient HVAC
  • Energy-Efficient Lighting
  • Energy-Efficient Insulation
  • ENERGY STAR Certified Homes
  • Energy-Efficient Thermostat
  • Ventilation

Schools

  • Magnolia Parkway Elementary School
  • Bear Branch Junior High School
  • Magnolia High School

Utilities

  • Cooling System Powered By Gas
  • Central Heating and Cooling System
  • Heating System Uses Gas
  • Programmable Thermostat
  • Tankless Water Heater

Community Details

Overview

  • Association fees include recreation facilities
  • Inframark Association, Phone Number (281) 870-0585
  • Built by D.R. Horton
  • Mill Creek Estates 04 Subdivision

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$554

Year Built

Built in 2024 | New Construction

Lot Details

0

HOA Fees

$63 per month

Parking

2

Listing Details

  • Property Sub Type: Detached
  • Prop. Type: Residential
  • Building Stories: 2
  • Year Built: 2024
  • Road Surface Type: Asphalt, Concrete
  • Ownership: Full Ownership
  • Subdivision Name: Mill Creek Estates 04
  • Architectural Style: Traditional
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: Yes
  • Efficiency: Radiant Attic Barrier, Appliances, HVAC, Insulation, Lighting, Other, Thermostat, Water Heater, Windows
  • Special Features: NewHome
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Gas Cooktop, Disposal, Microwave, ENERGY STAR Qualified Appliances, Tankless Water Heater
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Flooring: Vinyl
  • Interior Amenities: Quartz Counters, Programmable Thermostat
  • Living Area: 2173.0
  • Window Features: Low-Emissivity Windows
  • ResoLivingAreaSource: Builder

Exterior Features

  • Builder Name: D.R. Horton
  • Disclosures: Municipal Utility District Disclosure
  • Roof: Composition
  • Fencing: Back Yard
  • Lot Features: Cleared, Subdivision, Backs to Greenbelt/Park
  • Pool Private: No
  • Construction Type: Brick, Stone, Wood Siding
  • Direction Faces: East
  • Exterior Features: Fully Fenced, Fence, Sprinkler/Irrigation
  • Foundation Details: Slab
  • Property Condition: New Construction

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached, Garage, Garage Door Opener

Utilities

  • Laundry Features: Washer Hookup, Electric Dryer Hookup
  • Security: Prewired, Smoke Detector(s)
  • Cooling: Central Air, Electric, Gas
  • Cooling Y N: Yes
  • Heating: Central, Electric, Gas
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Community Pool, Curbs
  • Association Fee: 750.0
  • Association Fee Frequency: Annually
  • Association Name: Inframark
  • Phone: 281-870-0585
  • Association: Yes

Fee Information

  • Association Fee Includes: Recreation Facilities

Schools

  • Elementary School: MAGNOLIA PARKWAY ELEMENTARY SCHOOL
  • Junior High Dist: 36 - Magnolia
  • High School: MAGNOLIA HIGH SCHOOL
  • Middle Or Junior School: BEAR BRANCH JUNIOR HIGH SCHOOL

Green Features

  • Green Indoor Air Qlty: Ventilation
  • Green Building Verification Type: ENERGY STAR Certified Homes, HERS Index Score

Lot Info

  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 27, 2024
Closed on
Jun 10, 2024
Sold by
D R Horton Texas Ltd
Bought by
Guerra Samuel Gustavo
Seller's Agent
Karlo-Andre Castillo
Texas United Realty
Buyer's Agent
Uriel Rodriguez
Realty World Elite Group
List Price
$312,490
Views
6
Current Estimated Value
$330,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.00%
Original Mortgage
$267,083
Outstanding Balance
$263,771
Interest Rate
7.17%
Mortgage Type
FHA
Estimated Equity
$66,229
Source: Public Records

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Guerra Samuel Gustavo -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Guerra Samuel Gustavo $267,083
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/07/2024 06/07/24 Sold -- -- --
03/05/2024 03/05/24 Pending -- -- --
02/27/2024 02/27/24 For Sale $312,490 -- $144 / Sq Ft
Source: Houston Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $554 $314,865 $50,000 $264,865
2024 $554 $35,000 $35,000 --
2023 $981 $33,500 $33,500 --
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Houston Association of REALTORS®

MLS Number: 14246012

Houston Association of REALTORS®

APN: 7148-04-10300