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$310,000

Beds
4
Baths
2.5
sq ft
2,024

12531 Lancelot Dr, Houston, TX 77031

12531 Lancelot Dr

Houston, TX 77031

  • 389 days on market
    • Price drop $8,000↓
LOCATION- LOCATION- LOCATION!! THIS HOME IS BACK ON MARKET at no fault of the seller. Don't miss out on this beautiful home that offers 4 bedrooms with large or walk-in closets, 2 1/2 baths and a relaxing backyard with an inground pool. Whether you want to entertain or have your own personal oasis, this backyard has endless possibilities. It offers a balcony, a covered back porch, and a storage building with an area that would be perfect for gatherings, or your own private workspace. Come see this charming home for yourself. Schedule a showing today!

Details

Property type

Single Family Residence

Est. home value

$295,561

Lot size

7,606 sq ft

Price per sq ft

$154

Year built

1973

Annual property taxes

$5,257

Monthly HOA fee

$44.58

Price History

06/20/2024
Houston

Houston #69478387

Price change
$310,000
-2.52%
05/10/2024
Houston

Houston #69478387

Price change
$318,000
-5.07%
05/10/2024
Houston

Houston #69478387

Listed
$335,000

Schools & Community

Neighborhood: 

Greater Fondren Southwest

Elementary school: 

BELL ELEMENTARY SCHOOL (HOUSTON)

Middle school: 

WELCH MIDDLE SCHOOL

High school: 

WESTBURY HIGH SCHOOL

School district: 

Houston

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

$89,303
Asking price
$310,000
Closing costs (~8% of asking)
-$24,800
Est. remaining loan balance
-$195,897
Cash to seller
$89,303

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

Seller’s Loan History

Lender

Rocket Mortgage Llc

Loan start date

July 2022

Original loan amount

$203,000

Est. remaining balance

$195,897

Interest rate

5.1%

Loan type

New Conventional, 30 year

Seller

Timothy W Gould

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: 11/25/2024 at 3:15 AM

Listing updated: 10/11/2024 at 6:06 PM

Listed by: Monica Wheeler, RE/MAX Elite Properties Phone #: (713) 955-2510

MLS: Houston #69478387

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