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$1,450,000

Beds
5
Baths
4.5
sq ft
5,306

11511 Lago Verde Dr, Richmond, TX 77406

11511 Lago Verde Dr

Richmond, TX 77406

  • 47 days on market
Indulge in luxury living at this exquisite Mediterranean custom home in prestigious Lago Verde Estates. Designed by Westport Builders, this 5-bed, 4.5-bath property features a grand entrance, high-end finishes, and a spacious open layout for entertaining. Relax in the resort-style backyard with a pool, spa, outdoor kitchen, and over 900 sf of covered living space. Features include 3 fireplaces, lighted jacuzzi tub in master, 3 living rooms, media room, double crown molding, tray ceilings, custom details, dramatic staircase, exquisite chandeliers, speaker system throughout, high ceilings, granite countertops, camera system, marble and wood flooring. Complete with a Generac generator, water softener, reverse osmosis, tankless water heater, recently installed roof, 3-AC units under warranty, oversized 3-car garage with workspace and fully sprinkled property with underground drainage system in this exclusive 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

02/22/2025
Houston

Houston #15202396

Listed
$1,450,000
09/14/2024
Houston

Houston #57913549

Removed
08/06/2024
Houston

Houston #57913549

Price change
$1,450,000
-3.33%

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

$768,817
Asking price
$1,450,000
Closing costs (~8% of asking)
-$116,000
Est. remaining loan balance
-$565,183
Cash to seller
$768,817

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

$565,183

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?

Status: Active

Tomo last checked: 04/10/2025 at 7:20 PM

Listing updated: 03/02/2025 at 11:48 AM

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

MLS: Houston #15202396

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