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$465,000

Beds
4
Baths
2.5
sq ft
2,937

1111 Penny Ranch Ln, Katy, TX 77494

1111 Penny Ranch Ln

Katy, TX 77494

  • 44 days on market
    • Price drop $10,000↓
    • Open house Sep 21
"This stunning property at 1111 Penny Ranch Lane features a well-maintained, contemporary home with 4/5 bedrooms and 2/1 bathrooms. The spacious floor plan includes a welcoming foyer, a large living area with high ceilings, and an updated kitchen with modern appliances and ample storage. The master suite offers a private retreat with a luxurious en-suite bathroom. Enjoy outdoor living with a beautifully landscaped backyard, perfect for entertaining or relaxing. Located in a desirable neighborhood with easy access to I-10, KATY ISD . WOODCREEK JUNIOR HIGH SCHOOL (A ) KATY HIGH SCHOOL (A) BRYANT ELEMENTARY SCHOOL (B)

Details

Property type

Single Family Residence

Est. home value

$423,481

Lot size

Unknown

Price per sq ft

$159

Year built

2016

Monthly HOA fee

$83.33

Price History

09/08/2024
Houston

Houston #83531563

Price change
$465,000
-2.11%
08/05/2024
Houston

Houston #83531563

Listed
$475,000
03/03/2023
Houston

Houston #12269243

Removed

Schools & Community

Elementary school: 

BRYANT ELEMENTARY SCHOOL (KATY)

Middle school: 

WOODCREEK JUNIOR HIGH SCHOOL

High school: 

KATY HIGH SCHOOL

School district: 

Katy

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

$66,765
Asking price
$465,000
Closing costs (~8% of asking)
-$37,200
Est. remaining loan balance
-$361,035
Cash to seller
$66,765

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

Seller’s Loan History

Lender

Everett Financial Inc

Loan start date

March 2023

Original loan amount

$367,500

Est. remaining balance

$361,035

Interest rate

6.33%

Loan type

New Conventional, 30 year

Seller

Ronald Reich and Yessica Sanjuan

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: 09/19/2024 at 4:20 PM

Listing updated: 09/17/2024 at 2:42 PM

Listed by: Ana Castaneda, Step Real Estate Phone #: (832) 224-5485

MLS: Houston #83531563

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