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$505,000

Beds
3
Baths
2.5
sq ft
1,692

1207 Bay Dr, Palacios, TX 77465

1207 Bay Dr

Palacios, TX 77465

  • 123 days on market
    • Price drop $20,000↓
Come see this Waterfront property on Turtle Bay, 105' of frontage on the water, 3 Bedrooms, 2 Baths up, 1/2 Bath down. 348' of living area downstairs, House completely remodeled in 2023, New HVAC & Duct work, NEW LVT Flooring in entire upstairs, New paint inside and out. New custom Soft close cabinets, New granite in Kitchen & Baths. New appliances, Refrigerator, Gas Stove. New lighting and ceiling fans. Closed cell spray insulation in attic and under florr. New windows on south side of house. Down stairs renovated with kitchenette, dishwasher, Mini split S/C, ceiling fan

Details

Property type

Single Family Residence

Est. home value

$430,794

Lot size

0.73 acres

Price per sq ft

$299

Year built

2017

Annual property taxes

$3,715

Monthly HOA fee

$24.58

Price History

09/10/2024
Houston

Houston #6148696

Price change
$505,000
-3.81%
07/23/2024
Houston

Houston #6148696

Listed
$525,000
11/19/2020
Houston

Houston #29962846

Removed

Schools & Community

Elementary school: 

CENTRAL ELEMENTARY SCHOOL (PALACIOS)

Middle school: 

EAST SIDE INTERMEDIATE

High school: 

PALACIOS JUNIOR SENIOR HIGH SCHOOL

School district: 

Palacios

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

$191,983
Asking price
$505,000
Closing costs (~8% of asking)
-$40,400
Est. remaining loan balance
-$272,617
Cash to seller
$191,983

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

Seller’s Loan History

Lender

Thrive Mortgage Llc

Loan start date

November 2020

Original loan amount

$299,250

Est. remaining balance

$272,617

Interest rate

2.88%

Loan type

New Conventional, 30 year

Seller

William R Chapman and Deanna L Chapman

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: 11/23/2024 at 4:05 PM

Listing updated: 11/17/2024 at 4:03 AM

Listed by: Ronald Laws, Texas Coastal Properties Phone #: (979) 240-4413

MLS: Houston #6148696

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