$385,000

8515 Matthews Ln Magnolia, TX 77354

Estimated payment $2,330/month

Total Views 382
3 Beds
2 Baths
1,638 Sq Ft
$235 Price per Sq Ft

Highlights

  • Deck
  • Adjacent to Greenbelt
  • Family Room Off Kitchen
  • Cedric C Smith Rated A-
  • 2 Car Detached Garage
  • Bathtub with Shower

About This Home

Great opportunity to own a serene property just 3 Minutes from the Woodlands Pkwy! This charming fixer-upper has a solid, high-quality foundation and endless potential -perfect for transforming into your dream home, retreat, or creative business space. A large garage/studio building adds even more flexibility for a workshop, art studio, or commercial use. Surrounded by established homes and equestrian estates, the setting is beautiful, idyllic, and inspiring. Plus, it's not in a flood zone, has never flooded, and comes with its own well -a rare and valuable asset. No HOA and MUD obligations means no extra fees, no restrictive covenants, and total freedom to create your vision. Opportunities like this -with prime location, flexibility, and land- don’t come along often. Whether you’re a home-seeker, entrepreneur, or investor, this is your chance to craft something truly extraordinary.

Listing Agent

John Prell

Creekview Realty License #0493630 Listed on: 08/05/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,660

Year Built

  • Built in 1981

Lot Details

  • 1.17 Acre Lot
  • Adjacent to Greenbelt
  • West Facing Home
  • Back Yard Fenced

Parking

  • 2 Car Detached Garage

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,638 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Family Room Off Kitchen
  • Living Room
  • Dining Room
  • Utility Room
  • Security Gate

Kitchen

  • Oven
  • Electric Range

Flooring

  • Carpet
  • Concrete

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Outdoor Features

  • Deck
  • Patio
  • Shed

Schools

  • Cedric C. Smith Elementary School
  • Bear Branch Junior High School
  • Magnolia High School

Utilities

  • Central Heating and Cooling System
  • Well

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,660

Year Built

Built in 1981

Lot Details

0

Parking

2

Listing Details

  • Directions: From the Woodlands Parkway, turn left (South) on FM 2978. In 2.0 miles turn left on Matthews Lane. In about .5 mile the driveway is directly in front of you as the road curves to the left.
  • Property Sub Type: Detached
  • Prop. Type: Residential
  • Building Stories: 1
  • Year Built: 1981
  • Lot Size Acres: 1.17
  • Road Surface Type: Asphalt
  • Subdivision Name: N/A
  • Architectural Style: Ranch
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Electric Range, Oven
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace: No
  • Flooring: Carpet, Concrete
  • Interior Amenities: Kitchen/Family Room Combo, Tub Shower, Ceiling Fan(s)
  • Living Area: 1638.0
  • Dining Room Type: Dining Room, Living Room, Utility Room

Exterior Features

  • Disclosures: Seller Disclosure
  • Roof: Composition
  • Fencing: Back Yard
  • Lot Features: Other, Backs to Greenbelt/Park
  • Pool Private: No
  • Construction Type: Brick, Wood Siding
  • Direction Faces: West
  • Exterior Features: Deck, Fully Fenced, Fence, Patio, Storage
  • Foundation Details: Slab
  • Other Structures: Shed(s)
  • Patio And Porch Features: Deck, Patio

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Detached, Garage

Utilities

  • Security: Security Gate
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Water Source: Well

Schools

  • Elementary School: CEDRIC C. SMITH ELEMENTARY SCHOOL
  • Junior High Dist: 36 - Magnolia
  • High School: MAGNOLIA HIGH SCHOOL
  • Middle Or Junior School: BEAR BRANCH JUNIOR HIGH SCHOOL

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 2660.0

Map

Range of Values:

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Average Value
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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
2024 $2,660 $168,000 -- --
2023 $2,210 $140,000 $87,750 $52,250
2022 $3,931 $222,750 $87,750 $135,000
2021 $3,111 $167,390 $58,500 $108,890
2020 $3,387 $167,390 $58,500 $108,890
2019 $2,719 $135,000 $58,500 $76,500
2018 $2,634 $124,590 $32,760 $91,830
2017 $2,720 $128,250 $32,760 $95,490
2016 $2,652 $125,050 $32,760 $92,290
2015 $1,535 $97,920 $23,400 $90,490
2014 $1,535 $89,020 $23,400 $90,490
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/05/2025 08/05/25 For Sale $385,000 -- $235 / Sq Ft
Source: Houston Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Special Warranty Deed $127,500 Fidelity National Title
Deed -- --
Trustee Deed $11,585 None Available
Deed -- --
Vendors Lien -- Fidelity National Title #29
Trustee Deed $87,500 None Available
Vendors Lien -- Old Republic Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $139,212 VA
Previous Owner $143,646 VA
Previous Owner $119,600 Fannie Mae Freddie Mac
Previous Owner $29,900 Stand Alone Second
Source: Public Records

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Source: Houston Association of REALTORS®

MLS Number: 31658047

Houston Association of REALTORS®

APN: 0078-00-03010