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$425,000

Beds
4
Baths
3.5
sq ft
2,426

1314 Sherwood Mills Ln, Houston, TX 77043

1314 Sherwood Mills Ln

Houston, TX 77043

  • 19 days on market
Exceptional opportunity in the gated neighborhood of Sherwood Terrace in an ultra convenient location nearby Beltway 8 and I-10. Rare 4 bedroom, 3/1 bath home with fully fenced private backyard with pergola, gorgeous wood floors, elevator capable, first floor living /dining/kitchen open layout, high ceilings in the 2nd floor primary bedroom, and rare 4th bedroom that could double as an office or game room. Recent updates include: refrigerator, dishwasher, disposal, and kitchen faucet (all 2024). HOA maintenance includes gates, water, trash and landscaping in the community. Convenient access and in close proximity to the Energy Corridor, Memorial City Mall, City Centre, Beltway 8 and I-10.

Details

Property type

Single Family Residence

Est. home value

$417,007

Lot size

1,747 sq ft

Price per sq ft

$176

Year built

2006

Annual property taxes

$8,991

Monthly HOA fee

$275

Price History

01/02/2025
Houston

Houston #13619835

Listed
$425,000

Schools & Community

Neighborhood: 

Spring Branch West

Elementary school: 

SHERWOOD ELEMENTARY SCHOOL

Middle school: 

SPRING FOREST MIDDLE SCHOOL

High school: 

STRATFORD HIGH SCHOOL (SPRING BRANCH)

School district: 

Spring Branch

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

$324,502
Asking price
$425,000
Closing costs (~8% of asking)
-$34,000
Est. remaining loan balance
-$66,498
Cash to seller
$324,502

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

Seller’s Loan History

Lender

Gateway Funding Diversified Mtg Svcs Lp

Loan start date

March 2015

Original loan amount

$168,000

Est. remaining balance

$66,498

Interest rate

2.98%

Loan type

New Conventional, 15 year

Seller

Phong D Hua and Christina Trieu

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: 01/22/2025 at 6:50 AM

Listing updated: 01/07/2025 at 12:03 PM

Listed by: Angela Chiang, Martha Turner Sotheby's International Realty Phone #: (713) 520-1981

MLS: Houston #13619835

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