Lakes of Magnolia is a subdivision located along FM 1774 just outside of the city of Magnolia. The community features 165 homes with prices starting at $140,000. The subdivision is located in close proximity to shopping centers and restaurants on FM 1774, FM 1488 and Hwy. 249.
Number of homes: 165
Square footage: 1,373–2,818
Home values: $128,000–$230,000
HOA dues (estimated): $350 annually
Amenities: walking trails, picnic areas, parks
Schools: Magnolia Elementary School, Magnolia Junior High School, Magnolia Sixth Grade Campus, Magnolia West High School
Property taxes (in dollars):
Magnolia ISD - 1.400
Montgomery County - 0.480
North Harris County Junior College - 0.120
Montgomery County ESD No. 10 - 0.100
Montgomery County Hospital - 0.070
Total (per $100 value) - 2.170
Median home value - $147,510
Median price per square foot - $70.68
Median annual property taxes - $3,203.92
Homes on the market* - 7
Homes under contract* - 3
Average days on the market* - 40
*As of 4/28/15