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5503 Teakwood Ln Magnolia, TX 77354 Directions

Currently not for sale


Home Value Comparables

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Using a REALTOR is the best way to determine the market price of a home. Start this process by viewing the third-party valuations and then contact a Realtor to determine a reasonable purchase price for a home.

AVM Value
$368K
$205.24/sqft
AVM Value
$374K
$208.31/sqft
AVM Value
$356K
$198.56/sqft
Value Range
$331K - $405K
Value Range
$352K - $395K
Value Range
$356,020
Confidence Score
90%

Margin of Error*: 10%
Confidence Score
96%

Margin of Error*: 6%
Confidence Score
NA


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Limitations: This represents an estimated sales price for this property. It is not the same as the opinion of value in an appraisal developed by a licensed appraiser under the Uniform Standards of Professional Appraisal Practice. The values do not include a physical or visual inspection of the subject property. User shall not use the values in lieu of an appraisal by a licensed appraiser or as a basis for making any financial decision.

Limitations: This represents an estimated sales price for this property. It is not the same as the opinion of value in an appraisal developed by a licensed appraiser under the Uniform Standards of Professional Appraisal Practice. The values do not include a physical or visual inspection of the subject property. User shall not use the values in lieu of an appraisal by a licensed appraiser or as a basis for making any financial decision.

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Updated as of May 2024.

3 Bed(s)
2 Full Bath(s)
1,793 Bldg Sqft.
20,000 Lot Sqft.

General Description

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5503 Teakwood Ln (currently not for sale) is located in Westwood subdivision in Montgomery County. Scroll to see the property features, tax value, mortgage calculator, nearby schools and similar homes for sale.

The property information herein and below is from the county appraisal district and should be independently verified.

Contact a REALTOR® for an estimate of this property

Status:
Not Currently For Sale
Market Value:
$ 356,020/Appraisal District ($199/sqft.)
Address:
5503 Teakwood Ln
City:
State:
TX
Zip Code:
Subdivision:
Legal Description:
WESTWOOD 03, BLOCK 9, LOT 140
Bedrooms:
3 Bedroom(s)
Baths:
2 Full Bath(s)
Stories:
1 /Appraisal District
Building Sqft.:
1,793 /Appraisal District
Year Built:
1999 /Appraisal District
Lot Size:
20,000 Sqft.  /Appraisal District
Garage(s):
2


Rooms/Lot Dimensions

Bedroom:
11x10, Down
Bedroom:
16x14, Down
Bedroom:
12x10, Down
Dining:
11x11, Formal
Living:
17x15



Interior Features

Heating:
Central Electric
Bathroom Description:
Double Sinks,Master Bath + Separate Shower
Energy Feature:
Attic Vents
Connections:
Electric Dryer Connections,Washer Connections
Countertop:
Granite
Interior:
Crown Molding,Drapes/Curtains/Window Cover
Floors:
Carpet,Tile
Cooling:
Central Electric
Fireplace:
1/Gas Connections
Range:
Electric Cooktop
Oven:
Electric Oven
Room Description:
Family Room,Formal Dining
Bedroom Desc:
All Bedrooms Down
Kitchen Desc:
Breakfast Bar,Island w/ Cooktop,Kitchen open to Family Room
Number Of Dinning Area:
Family Room,Formal Dining


Exterior Features

Private Pool:
No
Roof:
Composition
Garage Carport:
Auto Garage Door Opener
Exterior:
Back Yard,Back Yard Fenced,Patio/Deck
Front Door Face:
North
Water Sewer:
Septic Tank
Foundation:
Slab
Exterior Type:
Brick Veneer
Lot Description:
Subdivision Lot


Lot Information

  Lot Size: 20,000 Lot Sqft. / Appraisal District
Disclaimer: Lot configuration and dimensions are estimates, not based on personal knowledge and come from a third party (Digital Map Products); therefore, you should not rely on the estimates and perform independent confirmation as to their accuracy


Additional Information

Dwelling Type:
Free Standing
HOA Mandatory:
Yes
Restrictions:
Deed Restrictions
*Disclaimer: Listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.


Property Tax

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Cost/sqft based on Market Value
Tax Year Cost/sqft Market Value Change Tax Assessment Change
2023 $198.56 $356,020 1.60% $356,020 24.17%
2022 $195.43 $350,400 34.43% $286,730 10.00%
2021 $145.38 $260,660 6.44% $260,660 6.44%
2020 $136.59 $244,900 -1.50% $244,900 -1.03%
2019 $138.67 $248,630 10.53% $247,450 10.00%
2018 $125.46 $224,950 -0.03% $224,950 -0.03%
2017 $125.49 $225,010 4.12% $225,010 4.12%
2016 $120.52 $216,100 1.66% $216,100 3.57%
2015 $118.56 $212,570 12.07% $208,650 10.00%
2014 $105.79 $189,680 6.26% $189,680 6.26%
2013 $99.56 $178,510 2.92% $178,510 2.92%
2012 $96.74 $173,450 $173,450
2023 Montgomery County Appraisal District Tax Value
Market Land Value: $80,000
Market Improvement Value: $276,020
Total Market Value: $356,020

Tax History
2023 Assessed Value/Appraisal District: $356,020
2022 Assessed Value/Appraisal District: $286,730
2021 Assessed Value/Appraisal District: $260,660
2020 Assessed Value/Appraisal District: $244,900
2019 Assessed Value/Appraisal District: $247,450
2018 Assessed Value/Appraisal District: $224,950
2017 Assessed Value/Appraisal District: $225,010
2016 Assessed Value/Appraisal District: $216,100
2015 Assessed Value/Appraisal District: $208,650
2014 Assessed Value/Appraisal District: $189,680
2013 Assessed Value/Appraisal District: $178,510
2012 Assessed Value/Appraisal District: $173,450
Montgomery County Appraisal District
2023 Tax Rates
EMERGENCY SVC DIST 10: 0.0852 %
MONTGOMERY COUNTY: 0.3742 %
MONTGOMERY CO HOSPITAL: 0.0502 %
LONE STAR COLLEGE: 0.1078 %
MAGNOLIA ISD: 1.1472 %
Total Tax Rate: 1.7646 %

Estimated Mortgage/Tax

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$1,883 Monthly
Estimated Monthly Principal & Interest (Based on the calculation below) $ 1,360
Estimated Monthly Property Tax (Based on Tax Assessment 2023) $ 524
Home Owners Insurance Get a Quote
$
Months
Years
$
%
%
$

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Use this mortgage calculator to create and estimate your monthly mortgage payment(principal and interest) and estimates for property taxes(based on past rates).

Subdivision Facts

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2023 Subdivision Facts

Subdivision Name:
Westwood (Magnolia)
County / Zip Code:
77354
Single Family Properties:
1,507
Average Bedrooms:
Average Baths:
2.49
Median Square Ft.:
2,169
Median Lot Square Ft.:
20,000
Median Year Built:
2002
Median Appraised Value:
$357,620
Neighborhood Value Range:
$282 - $463 K
Median Price / Square ft.:
$192.90

View Price Trends for Westwood (magnolia)

Schools

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School information is computer generated and may not be accurate or current. Buyer must independently verify and confirm enrollment. Please contact the school district to determine the schools to which this property is zoned.

ASSIGNED SCHOOLS
Tom R Elementary Schoollisor Elementary School Elementary . PK - 04 . MAGNOLIA ISD
Excellent
Bear Branch Junior High School Middle . 07 - 08 . MAGNOLIA ISD
Good
Magnolia High School High . 09 - 12 . MAGNOLIA ISD
Good

View Nearby Schools

5503 Teakwood Ln is a 3 Beds, 2 Full Bath(s), property in Magnolia TX 77354. View photos, map, tax, nearby homes for sale, home values, school info...

View all homes on Teakwood Ln

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