Property Tax? HOA fees? Landscaping? Add all those peripheral costs and it adds up back over $3500 a month average. You will need buyers with incomes of $120K+ just to make financial sense to buy at these prices. For Texas, $150-200K is more reasonable.
Average payments including principle, interest, tax, hazard insurance and PMI is $2,000-$2,800 for prices $225-$300k in this community 👍🏽 add $45 dollars for monthly HOA. And incomes can average starting from around $50k with low or no debt.
Lol, for a house similar to this in Chula Vista or Temecula CA the price would be 600k-800k with a more expensive HOA and a monthly melo Russ pay of $600 since it’s a new community. Higher property tax on a house 1.5 times cheaper is not crazy!
Wow! Another great one. Nice work K&K! You guys are really getting good at these vids. Enjoying the content and wish you lots of success helping lots of people with their real estate needs. Cheers!
I wish they showed model homes more at just base what u get without all that extra so people see what’s realistic but I get it.. showing it pumped out gets people excited to upgrade for stuff they can’t truly afford
Definitely reach out soon then and we can help you plan everything out! We also have great referral partners in Oklahoma that can help you get your home sold there. ferrisrealty.com/survey
How does Magnolia compare to Conroe considering one would prefer a lot of amenities (like Katy or The Woodlands or even Conroe) rather than a country feel?
This area is growing a ton. The area has an ire rural feel but it’s actually getting quite packed with good shopping and it’s close enough to the new 249 tollway to be convenient for commuting. The area is safe and family oriented.
What if someone wants to just move in with all the stuff that I have seen, furniture and all including beddings and cutlery if any in the kitchen. I mean literally walk in with my luggage, that’s it.
That is not an option in most cases unless you time it out when they are selling the actual model home and buy that one which they won’t sell until they are nearing completion of the neighborhood or section
maps.app.goo.gl/yUmaokJ8pqY7C4zx5?g_st=ic Reach out if you’re interested in homes here, we work very closely with all of the builders and would love to help!
📅Schedule CALL HERE 👉 👉 👉 bit.ly/ferris153
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📨Email: move@ferrisrealty.com
Property Tax? HOA fees? Landscaping? Add all those peripheral costs and it adds up back over $3500 a month average. You will need buyers with incomes of $120K+ just to make financial sense to buy at these prices. For Texas, $150-200K is more reasonable.
Average payments including principle, interest, tax, hazard insurance and PMI is $2,000-$2,800 for prices $225-$300k in this community 👍🏽 add $45 dollars for monthly HOA. And incomes can average starting from around $50k with low or no debt.
@johnjay459 buying a home that comes with a 2-3k mortgage making 50k a year isn't smart financially.
Lol, for a house similar to this in Chula Vista or Temecula CA the price would be 600k-800k with a more expensive HOA and a monthly melo Russ pay of $600 since it’s a new community. Higher property tax on a house 1.5 times cheaper is not crazy!
Well it’s not to cheap to live in Magnolia I tell you that
It’s not cheap to live in magnolia. There’s tons of wealthy ppl around. I live here I know lol
Wow! Another great one. Nice work K&K! You guys are really getting good at these vids. Enjoying the content and wish you lots of success helping lots of people with their real estate needs. Cheers!
Thanks Wayne!
Magnolia used to be so beautiful. I spent the first 10 years of my life there. Now it's just ugh. Suburban nightmare.
Castle Rock has some great homes!
I wish they showed model homes more at just base what u get without all that extra so people see what’s realistic but I get it.. showing it pumped out gets people excited to upgrade for stuff they can’t truly afford
I enjoyed to listen you I will buy home probably 1400 sf in fall time when I will sell my home in Oklahoma and I exited to buy it soon
Definitely reach out soon then and we can help you plan everything out! We also have great referral partners in Oklahoma that can help you get your home sold there.
ferrisrealty.com/survey
This guy is a great salesman/realty
What comes standard? 😂😂😂 pretty soon they start selling homes without doors or paint!!! Ridiculous
What is the name of the Century Communities home model? I went to their website but do not see any homes available in Magnolia (sold out?)
Very beautiful.
Great homes
Would love to see what the one-level homes look like…
Any fireplaces?
What's the HOA. I'm not from Texae but I've heard most new construction has an HOA.
$550 annually
Do any of your builders offer geothermal heating and/or PV (solar) arrays?
No but you can put solar on after
Let's do that, cause we are moving back to Texas.
Awesome teach out here!
ferrisrealty.com/survey
I am interested can I get more info plz
Absolutely! Fill this out and a team member will set up a call and tell you everything you want to know
ferrisrealty.com/survey
Where are you getting these monthly payment calculations? $2647 seems significantly high for a 4% rate on a 326k home...
This includes taxes and insurance as well
@@livinginhtx interesting, I'm at $2k after prop taxes and insurance with 5.35% in Spring.. anyways thanks for your video!
@@randyquinn9041 what’s your loan amount? This is with he minimum down payment
Ok that makes sense now, especially with a 3% FHA and adding PMI. I did 20% down and no PMI.
What Hospitals and Fire depts ?
any near by?
Ask ASSESSOR office to know property tax of this house, never trust real estate agent. Could be around 7k & goes up w inflation.
That buy down is scary. If that house is your whole budget, don't do that buy down.
I paid more, for way less of home 2 years ago in Magnolia… wish I knew about you guys.
Why in Texas there is no sliding patio door!?
What is the life like here ?
I am planning to move to Texas from Vancouver, BC - Canada.
Magnolia is a great place, we go up there all the time
Nice house.
How does Magnolia compare to Conroe considering one would prefer a lot of amenities (like Katy or The Woodlands or even Conroe) rather than a country feel?
This area is growing a ton. The area has an ire rural feel but it’s actually getting quite packed with good shopping and it’s close enough to the new 249 tollway to be convenient for commuting. The area is safe and family oriented.
It doesn’t feel anything like Katy or The Woodlands. Not even Conroe. You DEFINITELY feel like you’re in the country.
Not one house will sell for $223k
Is this area safe for living?
@@TikTone great area
I want a house in Texas but I have no money
I'm interested . Is there a Catholic Church near there ?
Of course! And... You and your family are welcome to come ! St. Matthias Catholic Church
No finished basements in Texas?
No, it floods here. No basements.
@@deenajones2002 dang,where do I put my mancave, home theater?
@@iyona14granturismogt6gtspo7in the garage for the man cave and some have designated theater rooms or change a bedroom into one. 😂
What if someone wants to just move in with all the stuff that I have seen, furniture and all including beddings and cutlery if any in the kitchen. I mean literally walk in with my luggage, that’s it.
That is not an option in most cases unless you time it out when they are selling the actual model home and buy that one which they won’t sell until they are nearing completion of the neighborhood or section
What’s the address of this community?
maps.app.goo.gl/yUmaokJ8pqY7C4zx5?g_st=ic
Reach out if you’re interested in homes here, we work very closely with all of the builders and would love to help!
Does this community have HOA fees too?
Is this a safe place to live?
What is the property tax on this house tho? It's probably as much as the mortgage payment
It around $500-$550 per month for property taxes before a homestead exemption
@@livinginhtx is USDA loan eligible in this area?
@@laineym4405yes
What are the rental rates for comparable homes in the area?
Is this Masterplan Community?
What name?
This is Magnolia Springs, a community developed by Signorelli
👃Praying and Believing, for me a home!
Well I recommend praying and calling us, because those combined will probably get you in a house
45 foot lots give me a brake.☹️☹️☹️☹️☹️
Let me move immediately
Do it, reach out here!
ferrisrealty.com/survey
@@livinginhtx my job has me in San Antonio but I’m looking for opportunities in Houston
Magnolia is at least 40miles away from Houston. Conroe and others have cheap homes too only because they are too far...way too far
You lost me at 3% property tax.