20003 Country Lake Dr N, Magnolia, TX, 77355
About This Home
LAKE FRONT PROPERTY: Indigo Lake Estates. A rare opportunity to own a legacy estate where luxury, land, and lakefront living align. Set on 2.4 horse-friendly acres, this property offers space, privacy, and stunning views. Enjoy a resort-style backyard with a private pool/spa, outdoor kitchen, and fire pit positioned for sunset views over the water. Beyond the main residence, a fully independent guest home/ADU creates the perfect setting for multi-generational living, private guest accommodations, or extended stays. Perfect for entertaining or quiet mornings, this estate offers flexibility and lifestyle in a premier lake community. *Total living area and bed/bath count include guest house/ADU. The main house is 3915 sq ft, 4 beds, 4 baths. The Guest house/ADU is 950 sq ft, 2 beds, 2 baths. The total living area is 4865 sq ft, $354.57/sq ft. Bonus room in detached garage, 548 sq ft, potential living area with this room is 5413 sq ft, $318.68/sqft.*
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 2001
Materials
- Foundation: Pillar/Post/Pier
- Roof: Composition
- Construction materials: Blown-In Insulation,Spray Foam Insulation,Cement Siding,Wood Siding
Type & Style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Disposal,Refrigerator,Water Softener,Double Oven,Electric Oven,Microwave,Gas Cooktop,Gas Range,Dishwasher
- Laundry features: Electric Dryer Hookup,Gas Dryer Hookup,Washer Hookup
Bedrooms & Bathrooms
- Bedrooms: 6
- Bathrooms: 7
- Full bathrooms: 6
- 1/2 bathrooms: 1
Features
- All Bedrooms Down,En-Suite Bath,Split Plan,Walk-In Closet(s)
- Window features: Window Coverings
- Flooring: Laminate,Tile
- Number of fireplaces: 1
- Fireplace features: Outside,Gas Log
- Fireplace: Yes
Heating & Cooling
- Heating features: Natural Gas
- Cooling features: Ceiling Fan(s),Electric
Interior Area
- Total structure area: 3,915
- Total interior livable area: 3,915 sqft
Kitchen
- Features: Breakfast Bar,Kitchen Island,Kitchen open to Family Room,Reverse Osmosis
Master Bathroom
- Features: Half Bath,Primary Bath: Double Sinks,Primary Bath: Separate Shower,Secondary Bath(s): Double Sinks
Property
Details
- Parcel number: 233916
- Exclusions: See Attachment To Listing
Features
- Stories: 1
- Private pool: Yes
- Pool features: Gunite,Heated,In Ground
- Patio & porch: Covered,Patio/Deck
- Exterior features: Outdoor Kitchen,Sprinkler System
- Has spa: Yes
- Spa features: Spa/Hot Tub
- Has view: Yes
- View description: Lake,Water
- Has water view: Yes
- Water view: Lake,Water
- On waterfront: Yes
- Waterfront features: Lake Front
Lot
- Lot size: 2.39 Acres
- Features: Back Yard,Build Line Restricted,Waterfront,Wooded,2 Up to 5 Acres
Parking
- Total spaces: 4
- Parking features: Attached,Detached,Garage Door Opener,Circular Driveway,Driveway
- Has garage: Yes
- Attached garage spaces: 4
- Covered spaces: 4
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
- Tornado
- Cold Wave
- Lightning
- Hurricane
- Heat Wave
- Inland Flooding
- Ice Storm
- Strong Wind
- Winter Weather
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 | $8,722 | $104,664 |
| Home Insurance * | $1,617 | $19,404 |
| Property Taxes | $2,070 | $24,840 |
| Electricity | $429 | $5,158 |
| Total | $12,838 | $154,056 |
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 |
|---|---|---|
| 2026-04-02 | Listed for sale | $1,725,000 |
View on Zillow