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$871,774

Beds
3
Baths
2.0
sq ft
2,450

12711 Pine Dr, Cypress, TX 77429

12711 Pine Dr

Cypress, TX 77429

  • 116 days on market
    • Price drop $42,726↓
Welcome home! This breathtaking 5+ acre horse ranch estate offers the perfect blend of cozy, comfort, and equestrian amenities. Nestled in a serene and picturesque setting, this property is ideal for horse lovers and those seeking a tranquil, country lifestyle. This spacious home features 3 bedrooms and 2 bathrooms, offering ample space for family and guests. The open floor plan, high ceilings, and large windows create a bright and airy ambiance throughout. This home has a large shop that can be utilized anyway you need for storage or your own business. This property is fully fenced and is a horse lovers dream! There are also multiple fenced pastures with well-maintained grass that provides plenty of room for your horses to graze and exercise. Around the property is direct access to riding trails that makes this property a paradise for horse enthusiasts.

Details

Property type

Single Family Residence

Est. home value

$556,403

Lot size

5.37 acres

Price per sq ft

$356

Year built

1965

Annual property taxes

$4,668

Price History

09/20/2024
Houston

Houston #7817186

Price change
$871,774
-4.67%
08/23/2024
Houston

Houston #7817186

Price change
$914,500
-3.71%
07/11/2024
Houston

Houston #7817186

Price change
$949,769
-5.02%

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

$629,082
Asking price
$871,774
Closing costs (~8% of asking)
-$69,742
Est. remaining loan balance
-$172,950
Cash to seller
$629,082

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

Seller’s Loan History

Lender

Prosperity Bank

Loan start date

January 2021

Original loan amount

$220,000

Est. remaining balance

$172,950

Interest rate

2.28%

Loan type

New Conventional, 15 year

Seller

Denise Gayle Hamby and Lianne B Lami

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: 10/05/2024 at 1:25 AM

Listing updated: 10/01/2024 at 3:02 PM

Listed by: Heather Kelly, JLA Realty Phone #: (713) 489-8130

MLS: Houston #7817186

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