tomo logo

$1,069,818Estimated home value

Beds
5
Baths
4.5
sq ft
5,306

11511 Lago Verde Dr, Richmond, TX 77406

11511 Lago Verde Dr

Richmond, TX 77406

  • Off market
    • Price drop $50,000↓
Experience luxury living in this stunning Mediterranean custom home located in the prestigious Lago Verde Estates. Designed by Westport Builders, this custom 5-bedroom, 4.5-bathroom property boasts a grand entrance, high-end finishes, and a spacious open concept layout perfect for entertaining. Enjoy the resort-style backyard oasis with a pool, spa, outdoor kitchen and extensive covered patio areas. Additional features include a Generac generator, water softener, and oversized 3-car garage. Don't miss the opportunity to own this exceptional property in a gated community.

Details

Property type

Single Family Residence

Est. home value

$1,069,818

Lot size

0.36 acres

Price per sq ft

$274

Year built

2007

Annual property taxes

$25,072

Monthly HOA fee

$140.92

Price History

09/14/2024
Houston

Houston #57913549

Removed
08/06/2024
Houston

Houston #57913549

Price change
$1,450,000
-3.33%
06/01/2024
Houston

Houston #57913549

Listed
$1,500,000

Schools & Community

Elementary school: 

HUBENAK ELEMENTARY SCHOOL

Middle school: 

LEAMAN JUNIOR HIGH SCHOOL

High school: 

FULSHEAR HIGH SCHOOL

Community features: 

Tennis Court(s)

School district: 

Lamar Consolidated

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

$760,824
Asking price
$1,450,000
Closing costs (~8% of asking)
-$116,000
Est. remaining loan balance
-$573,176
Cash to seller
$760,824

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

Seller’s Loan History

Lender

Mid-American Mortgage Inc

Loan start date

December 2021

Original loan amount

$608,000

Est. remaining balance

$573,176

Interest rate

2.98%

Loan type

New Conventional, 30 year

Seller

Daniel Beuses and Misty L Malone Beuses

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?

Similar Homes Nearby

Houston
$1,499,000
4 bd
|
4.5 ba
|
4,186 sq ft
|
House

1918 Huntington Ln, Richmond, TX 77406

Houston
$1,295,000
4 bd
|
5 ba
|
4,648 sq ft
|
House

2010 Huntington Ln, Richmond, TX 77406

Houston
$1,295,000
3 bd
|
2 ba
|
1,886 sq ft
|
House

10702 Hidden Lake Ln, Richmond, TX 77406

Status: Off Market

Tomo last checked: 09/19/2024 at 2:05 PM

Listing updated: 09/01/2024 at 3:32 PM

Listed by: Misty Malone, Malone Real Estate Group Phone #: (281) 796-2346

MLS: Houston #57913549

Houston logo

Recently listed in Richmond