Tomball - Magnolia Edition | May 2023

REAL ESTATE

Featured neighborhood

INDIGO LAKE ESTATES, 77355 Indigo Lake Estates is zoned to Magnolia ISD schools and nestled o Nichols Sawmill Road.

1774

1488

N

Homes on the market* 4 Homes under contract* 2 Median home value $760,000 Average days on the market* 6 Median annual property taxes $14,121 Median price per square foot $265.37

Build-out year: 1995-2008 Square footage: 3,153 square feet Home values: $575,000-$1.2 million HOA dues (estimated): $1,090 annually Schools: Nichols Sawmill Elementary School, Magnolia Intermediate School, Magnolia Junior High School, Magnolia West High School Property taxes (in dollars): Magnolia ISD 1.1872 Montgomery County 0.4083 Montgomery County Hospital District 0.0567 Lone Star College System 0.1078 Montgomery County Emergency Services District No. 10 0.0987 Total (per $100 valuation) 1.8587

Children in Indigo Lake Estates can enjoy recreational amenities, such as a play structure. (Photos by Lizzy Spangler/Community Impact)

AMENITIES Indigo Lake Estates, a custom home community in Magnolia, includes recreational amenities for residents. • The neighborhood includes play structures, picnic facilities and a park for residents to enjoy. • Residents of Indigo Lake Estates can also enjoy waterfront access to a lake, which includes a swimming area. • The community is located o Nichols Sawmill Road near Nichols Sawmill Elementary School.

The neighborhood includes a park with waterfront access to the lake.

NEIGHBORHOOD DATA PROVIDED BY RENEE LESLIE THE RENEE LESLIE GROUP  REMAX ELITE PROPERTIES 310 E. MAIN ST., TOMBALL • 2816395982 RENEERENEELESLIE.COM

*AS OF MAY 16

YEAROVERYEAR MARKET DATA: APRIL All ve Tomball- and Magnolia-area ZIP

MEDIAN PRICE OF HOMES SOLD WITH YEAROVERYEAR PERCENTAGE CHANGE

2022 2023

77354

77354

77355

77362

77375

77377

codes recorded a drop in the median price of homes sold in April year over year, although the median home price still hovered around $400,000 or above in each ZIP code. More home sales year over year were recorded in Magnolia ZIP codes in April.

Sale price

1488

1774

77362

0.04%

$600,000

77355

77375

$500,000

249

77377

99

290

$400,000

N

7.96% 6.31%

NUMBER OF HOMES SOLD

8.1% 16.96%

$300,000

77354

77355

77362

77375

77377

Year

$200,000

2022 2023

92

54

19

117

74

124

55

18

77

47

$0

SHE SELLS seashells

& I SELL houses! SUMMER IS APPROACHING! WITH 17 YEARS OF EXPERIENCE, RENEE IS DEDICATED TO GETTING YOU THE BEST POSSIBLE RESULTS. CALL TODAY IF YOU ARE READY TO GET YOUR HOME LISTED OR FIND YOUR DREAM HOME WITH A POOL!

C: 281-639-5982

O: 713-955-2510

renee@reneeleslie.com

www.linkedin.com/in/RLGroup @TheReneeLeslie_Group The Renee Leslie Group

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TOMBALL  MAGNOLIA EDITION • JUNE 2023

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