Commercial real estate developer lists Magnolia 4BD

Donald E. Skipton has listed for sale a four-bedroom, four-bath at 28114 Sycamore Ct. in Magnolia for $465,000.

Steve Zepeda of Advantage Realty Services is the listing agent. Skipton acquired the property from Wells Fargo Bank, Wells Fargo Home Mortgage, Inc., U.S. Bank, and Credit Suisse First Boston in May 2008. The 4,821-square-foot home in Indigo Lake Estates was built in 2005.

Skipton is a commercial real estate developer in Houston.

He previously held roles in operations, sales, marketing, information technology and project management at Schlumberger. He also worked as a project manager at Landmark Graphics.

He attended Kansas State University.

According to, there have been 888 home sales in Magnolia during the past 12 months.