tomo logo

$429,000

Beds
5
Baths
3.5
sq ft
2,988

12627 Orchid Trl, Houston, TX 77041

12627 Orchid Trl

Houston, TX 77041

  • 189 days on market
    • Price drop $20,000↓
Beautiful 5 bedroom home in pristine condition in sought after Villages at Lakepointe. Spacious open floor plan with abundant natural light designed for entertaining and daily living. Beautifully renovated kitchen with granite counters, bright breakfast bar and stainless steel appliances. The first floor primary suite includes a garden tub, dual vanity sinks, spacious glass framed shower and oversized walk-in closet. Other features include wood and laminate floors throughout, high ceilings, plantation shutters, cozy fireplace and much more. Lovely back yard with a covered patio and green space great for entertaining. Convenient location with easy access to major freeways (290, I-10 and Beltway 8). The community includes a covered playground and Jr. Olympic pool open to the residents of Villages at Lakepointe. Don't miss out on this beautiful home!

Details

Property type

Single Family Residence

Est. home value

$388,313

Lot size

7,340 sq ft

Price per sq ft

$144

Year built

2002

Annual property taxes

$6,609

Monthly HOA fee

$83.83

Price History

11/08/2024
Houston

Houston #89070059

Price change
$429,000
-4.45%
07/06/2024
Houston

Houston #89070059

Price change
$449,000
-4.26%
06/07/2024
Houston

Houston #89070059

Price change
$469,000
-2.7%

Schools & Community

Elementary school: 

LEE ELEMENTARY SCHOOL (CYPRESS-FAIRBANKS)

Middle school: 

TRUITT MIDDLE SCHOOL

High school: 

CYPRESS RIDGE 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

$226,919
Asking price
$429,000
Closing costs (~8% of asking)
-$34,320
Est. remaining loan balance
-$167,761
Cash to seller
$226,919

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

Seller’s Loan History

Lender

Bank Of America Na

Loan start date

January 2015

Original loan amount

$212,000

Est. remaining balance

$167,761

Interest rate

3.97%

Loan type

New Conventional, 30 year

Seller

Gustavo A Mugarza and Maria Laura Magarinos

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: 11/15/2024 at 6:50 AM

Listing updated: 11/08/2024 at 4:23 PM

Listed by: Rafael Guerra, Monark Realty Phone #: (713) 465-8844

MLS: Houston #89070059

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