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$690,000

Beds
5
Baths
4.5
sq ft
5,143

12522 Reverence Way, Cypress, TX 77429

12522 Reverence Way

Cypress, TX 77429

  • 3 days on market
    • Open house Jul 07
Welcome to 12522 Reverence, the perfect family home located in a beautiful and exclusive small community. This spacious 5 bedroom, 4 1/2 bath home is situated in a highly ranked school district with a low tax rate, making it an ideal choice for families. The primary room offers an owner's retreat, and there is an additional downstairs bedroom with it's own bathroom, perfect for guests or family members. With a media room, game room, and open kitchen with island and butler's pantry, this home is perfect for entertaining. Additional features include a three-car garage, front and back covered patios, large backyard with plenty space on both sides and no back neighbors for added privacy. Don't miss out on this incredible deal, schedule your showing today!

Details

Property type

Single Family Residence

Est. home value

$773,499

Lot size

0.38 acres

Price per sq ft

$135

Year built

2018

Annual property taxes

$11,934

Monthly HOA fee

$123.75

Price History

07/01/2024
Houston

Houston #39027220

Listed
$690,000
02/01/2024
Houston

Houston #41551522

Removed
12/16/2023
Houston

Houston #41551522

Price change
$700,000
-6.67%

Schools & Community

Elementary school: 

HAMILTON ELEMENTARY SCHOOL

Middle school: 

HAMILTON MIDDLE SCHOOL (CYPRESS-FAIRBANKS)

High school: 

CY-FAIR HIGH SCHOOL

School district: 

Cypress-Fairbanks

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

$417,133
Asking price
$690,000
Closing costs (~8% of asking)
-$55,200
Est. remaining loan balance
-$217,667
Cash to seller
$417,133

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

Seller’s Loan History

Lender

Dhi Mortgage Company Ltd

Loan start date

August 2021

Original loan amount

$232,000

Est. remaining balance

$217,667

Interest rate

2.9%

Loan type

New Conventional, 30 year

Seller

Jose Isaac Velasquez

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: 07/04/2024 at 10:25 PM

Listing updated: 07/03/2024 at 6:33 PM

Listed by: Tina Randolph, HomeSmart Phone #: (713) 785-6666

MLS: Houston #39027220

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