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$1,800,000

Beds
6
Baths
6.0
sq ft
7,499

1219 Mulberry Farm Ln, Richmond, TX 77469

1219 Mulberry Farm Ln

Richmond, TX 77469

  • 2 days on market
Prestigious Mediterranean-Inspired Custom Residence, nestled on a sprawling 1.245-acre lot in the exclusive Bridlewood Estates of Richmond, TX, offers a perfect blend of luxury, design, and functionality. With its meticulously crafted architecture, high ceilings, and timeless finishes, this home exudes elegance at every turn. Key features include, 6 Bedrooms (with a luxurious 20'x18' primary suite), 5 Full Bathrooms and a Half Bathroom, a Gourmet Kitchen outfitted with high-grade appliances, Media Room, spacious Balcony offering serene views of the expansive lot, 4-Car Garage, a circle driveway, expansive Backyard with Half Bathroom, an outdoor kitchen, swimming pool, hot tub, and a half basketball court. This home is not only a sanctuary of comfort and sophistication but also conveniently located near an array of restaurants and shopping centers. Perfect for those seeking unparalleled luxury and an active lifestyle, this exceptional property is a rare find in the heart of Richmond.

Details

Property type

Single Family Residence

Est. home value

$1,493,872

Lot size

1.25 acres

Price per sq ft

$241

Year built

2014

Annual property taxes

$20,719

Monthly HOA fee

$95

Price History

01/20/2025
Houston

Houston #50676337

Listed
$1,800,000
10/21/2024
Houston

Houston #96527890

Removed
10/01/2024
Houston

Houston #96527890

Listed
$1,775,000

Schools & Community

Elementary school: 

CARTER ELEMENTARY SCHOOL

Middle school: 

READING JUNIOR HIGH SCHOOL

High school: 

GEORGE RANCH HIGH SCHOOL

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

$802,382
Asking price
$1,800,000
Closing costs (~8% of asking)
-$144,000
Est. remaining loan balance
-$853,618
Cash to seller
$802,382

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

Seller’s Loan History

Lender

Redstone Funding Llc

Loan start date

November 2022

Original loan amount

$875,000

Est. remaining balance

$853,618

Interest rate

6.66%

Loan type

New Conventional, 30 year

Seller

Danish Ali and Manal Lakhany

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: 01/22/2025 at 2:00 PM

Listing updated: 01/21/2025 at 4:03 AM

Listed by: Mathew John, J. Lindsey Properties Phone #: (713) 866-4003

MLS: Houston #50676337

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