20002 Indigo Lake Dr, Magnolia, TX, 77355
About This Home
Architecturally distinctive, this private waterfront estate sits on 2 wooded acres along Indigo Lake & offers a level of design character difficult to find. 150-ft of shoreline, dock/boat launch, the property blends recreation & relaxation. Morning coffee by the water. Evenings on the boat & waterside as the sun sets. The main home spans 5,789-sqft w/ cathedral ceilings, exposed wood beams, a dramatic floor-to-ceiling stone fireplace, & expansive windows framing uninterrupted views of the lake. The kitchen is equipped with a Viking 6-burner gas cooktop, double ovens, Italian Fulgor Milano fridge, & Carrera marble farmhouse sink. Two primary suites down & two bdrs up, plus study, game & flex rooms offer abundant space. Separate 2,354-sqft guest house w/ 3 bdrs & 2.5 ba for multi-gen living. 60kW generator powers entire property, high-efficiency HVAC, water softener & reverse osmosis filtration. 1.58% tax rate, no MUD, horses/hens allowed. More than a home. A private waterfront retreat.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1999
Materials
- Foundation: Pillar/Post/Pier,Slab
- Roof: Composition
- Construction materials: Batts Insulation,Cement Siding,Wood Siding
Type & Style
- Home type: SingleFamily
- Architectural style: English,Mediterranean,Other
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: ENERGY STAR Qualified Appliances,Water Heater,Disposal,Ice Maker,Dryer,Refrigerator,Washer,Water Softener,Wine Refrigerator,Convection Oven,Double Oven,Electric Oven,Oven,Microwave,Gas Cooktop,Gas Range,Dishwasher
- Laundry features: Electric Dryer Hookup,Gas Dryer Hookup,Washer Hookup
Bedrooms & Bathrooms
- Bedrooms: 7
- Bathrooms: 8
- Full bathrooms: 5
- 1/2 bathrooms: 3
Features
- Central Vacuum,Crown Molding,Formal Entry/Foyer,High Ceilings,Prewired for Alarm System,Vaulted Ceiling,Wet Bar,Wired for Sound,2 Primary Bedrooms,En-Suite Bath,Primary Bed - 1st Floor,Sitting Area,Walk-In Closet(s)
- Door features: Insulated Doors
- Window features: Insulated/Low-E windows,Shutters,Window Coverings
- Flooring: Engineered Hardwood,Marble,Tile,Travertine,Vinyl,Wood
- Number of fireplaces: 3
- Fireplace features: Gas Log
- Fireplace: Yes
Heating & Cooling
- Heating features: Natural Gas,Zoned
- Cooling features: Ceiling Fan(s),Electric,Zoned
Interior Area
- Total structure area: 5,702
- Total interior livable area: 5,702 sqft
Kitchen
- Features: Breakfast Bar,Island w/ Cooktop,Kitchen open to Family Room,Pantry,Pots/Pans Drawers,Reverse Osmosis,Under Cabinet Lighting,Walk-in Pantry
Master Bathroom
- Features: Full Secondary Bathroom Down,Half Bath,Primary Bath: Double Sinks,Primary Bath: Separate Shower,Primary Bath: Soaking Tub,Secondary Bath(s): Double Sinks,Secondary Bath(s): Tub/Shower Combo,Two Primary Baths,Vanity Area
Property
Accessibility
- Accessibility features: Customized Wheelchair Accessible,Accessible Approach with Ramp,Accessible Doors,Accessible Entrance,Accessible Full Bath,Master Bath Disabled Access
Details
- Parcel number: 229277
- Exclusions: None
Features
- Stories: 2
- Private pool: Yes
- Pool features: Gunite,Heated,In Ground,Pool/Spa Combo
- Patio & porch: Covered,Patio/Deck,Porch
- Exterior features: Balcony,Outdoor Kitchen,Side Yard,Sprinkler System,Boat Ramp,Boat Slip
- Fencing: Partial
- On waterfront: Yes
- Waterfront features: Bulkhead,Lake Front,Pier
Lot
- Lot size: 2 Acres
- Features: Back Yard,Conservation District,Subdivided,Waterfront,Wooded,2 Up to 5 Acres
Parking
- Total spaces: 3
- Parking features: Electric Gate,Driveway Gate,Attached,Detached,Oversized,Garage Door Opener,Boat,Circular Driveway,Double-Wide Driveway,Extra Driveway,Golf Cart Garage
- Has garage: Yes
- Attached garage spaces: 3
- Covered spaces: 3
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Lightning
- Tornado
- Cold Wave
- Heat Wave
- Ice Storm
How This Home’s Risks Compare
FEMA Declared Disasters Across Texas Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $14,891 | $178,692 |
| Home Insurance * | $2,761 | $33,132 |
| Property Taxes | $3,149 | $37,788 |
| Electricity | $626 | $7,513 |
| Total | $21,427 | $257,124 |
Income You'd Need if You Spent...
Texas FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-04-24 | Listed for sale | $2,995,000 |
| 2020-12-09 | Listing removed | $1,384,000 |
| 2020-09-28 | Pending sale | $1,384,000 |
| 2020-01-19 | Price change | $1,384,000 |
| 2019-03-31 | Price change | $1,495,000 |
| 2019-03-28 | Price change | $1,698,000 |
| 2019-03-13 | Price change | $1,748,000 |
| 2018-08-19 | Price change | $1,887,995 |
| 2017-10-10 | Price change | $1,955,000 |
| 2016-07-09 | Listed for sale | $1,960,000 |
| 2014-12-20 | Listing removed | $1,750,000 |
| 2013-04-30 | Price change | $1,750,000 |
| 2013-02-03 | Listed for sale | $1,960,000 |
| 2010-10-29 | Sold | -- |
| 2010-02-25 | Price change | $799,900 |
| 2009-11-25 | Price change | $819,900 |
| 2009-08-21 | Price change | $859,900 |
| 2009-06-17 | Price change | $879,000 |
| 2009-02-21 | Listed for sale | $899,000 |
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