$350,000

3 beds2 baths1,793 sqft

Roughly $2,270/mo at 20% down, 6.5% over 30 years, including tax. That is 9% below the $384,990 median across 904 homes for sale in Magnolia.

5503 Teakwood Lane, Magnolia, TX

Jay, the GotNest home assistant

What Jay sees in the photos of 5503 Teakwood Lane

Written by Jay from this home’s 23 listing photos

This one-story traditional brick home with a shingle roof features a turnkey interior, maintained landscaping, and a large, expansive fenced backyard with a storage shed that fits a pool and offers views of trees. Inside, the open-concept layout includes high ceilings, abundant natural light from large windows, medium wood hardwood flooring, tile flooring, gray living room walls, and a fireplace. The transitional kitchen is built with a kitchen island, brown granite countertops, white custom cabinets, stainless steel appliances, and a gas range. Additional spaces include a visible home office with an accent wall mural, a primary bath with a double vanity, soaking tub, and walk-in shower, and a detached garage providing extra space.

Style
Traditional
Ceilings
High
Kitchen cabinets
White
Countertops
Brown
Living area floor
Medium wood
Living area walls
Gray
Room for a pool
Yes
FeatureGalleryCalculator

Facts and features

Built in
1999
HOA
$—
Property tax
$6,000/yr
Price per sqft
$195/sqft

Risk factor

No known risk factors reported for this home.

Features

  • Detached
  • Garage
  • Electric
  • Subdivision

Local information

Magnolia

See this home on the interactive map with commute times, nearby places, and more.

Explore the map

Schools

  • TOM R. ELLISOR ELEMENTARY SCHOOLElementary · Magnolia
  • BEAR BRANCH JUNIOR HIGH SCHOOLMiddle · Magnolia
  • MAGNOLIA HIGH SCHOOLHigh · Magnolia

Price history

Mar 4, 2026Listed for sale$350,000

Common questions about this home

How much does 5503 Teakwood Lane cost?

5503 Teakwood Lane, Magnolia, TX is listed at $350,000, or about $195 per square foot.

How big is 5503 Teakwood Lane?

This home has 3 bedrooms and 2 bathrooms across 1,793 square feet, and was built in 1999.

What are the taxes and HOA fees for 5503 Teakwood Lane?

Property tax is $6,000 per year.

What schools serve 5503 Teakwood Lane?

5503 Teakwood Lane, Magnolia, TX is served by TOM R. ELLISOR ELEMENTARY SCHOOL (Elementary), BEAR BRANCH JUNIOR HIGH SCHOOL (Middle), MAGNOLIA HIGH SCHOOL (High). The home is zoned to the Magnolia school district.

Has the price of 5503 Teakwood Lane changed?

This listing has 1 recorded price event. It was first listed at $350,000 on Mar 4, 2026. The full history is shown above.

How much a month is 5503 Teakwood Lane?

At 20% down on a 6.5% 30-year fixed rate, principal and interest on 5503 Teakwood Lane, Magnolia, TX come to about $1,770 a month. Adding property tax of about $500 brings the estimate to about $2,270 a month. Insurance is not included.

Is 5503 Teakwood Lane priced above or below the Magnolia median?

$350,000 is about 9% below the $384,990 median list price across the 904 homes for sale in Magnolia, TX. The comparable homes below run $415,000 to $549,999.

Is 5503 Teakwood Lane still available?

Yes — 5503 Teakwood Lane, Magnolia, TX is currently listed for sale on GotNest.

Listed by Connery Cole · Keller Williams Realty Metropolitan · MLS #TREC#0754215 · Source: HAR

Message agent

Similar properties