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$555,000

Beds
4
Baths
4.5
sq ft
3,410

10623 Crosby Lynchburg Rd, Crosby, TX 77532

10623 Crosby Lynchburg Rd

Crosby, TX 77532

  • 374 days on market
    • Price drop $40,000↓
The perfect horse property on less than 5 acres. Beautiful hard woods and pines with lush green pastures fully fenced. The 4 BR home is dated to a 1980 renovation, but is a prime fixer upper complimented by pool, horse barn, converted garage to a mother-in-law/guest unit. There is all some storage sheds, a work shop and green house. See the photos. This is a beautiful property. Priced to leave room for fixing up the house to your tastes or living in it just like it is. This location is out of town, but not too far out of town. You can stretch out on this property and watch deer every evening come in from surrounding wooded areas. A truly beautiful and relaxing place. If you wanted to convert to commercial use, this is great access right off Crosby Lynchburg Road. The house could make a great office and plenty of area for lay down yards or whatever would be needed for the excess land area.

Details

Property type

Single Family Residence

Est. home value

$518,106

Lot size

4.19 acres

Price per sq ft

$163

Year built

1933

Annual property taxes

$8,163

Price History

07/31/2024
Houston

Houston #45029167

Price change
$555,000
-6.72%
11/13/2023
Houston

Houston #45029167

Listed
$595,000

Schools & Community

Elementary school: 

DREW ELEMENTARY SCHOOL

Middle school: 

CROSBY MIDDLE SCHOOL (CROSBY)

High school: 

CROSBY HIGH SCHOOL

School district: 

Crosby

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$364,593
Asking price
$555,000
Closing costs (~8% of asking)
-$44,400
Est. remaining loan balance
-$146,007
Cash to seller
$364,593

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Caelum Funding Llc

Loan start date

May 2021

Original loan amount

$437,500

Est. remaining balance

$146,007

Interest rate

3.13%

Loan type

Not Provided, 5 year

Seller

Klk Partners 1 Llc

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 11/22/2024 at 1:05 PM

Listing updated: 10/17/2024 at 8:33 AM

Listed by: Russ Gressett, Russ Gressett Phone #: (281) 444-2044

MLS: Houston #45029167

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