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$847,000

Beds
4
Baths
3.5
sq ft
2,855

1502 Foster Lake Dr, Richmond, TX 77406

1502 Foster Lake Dr

Richmond, TX 77406

  • <1 day on market
    • Open house Feb 08
Serene Country Living with City Convenience. The perfect blend of rustic charm and modern elegance on this oak tree-lined 2.25-acre property. Updated/remodeled, this home leaves no detail overlooked! New roof and 2 new HVAC units installed in 2021, ensuring peace of mind. Stunning kitchen boasts abundant storage, granite counters, marble backsplash, pot filler, breakfast bar, and cozy breakfast nook for in-kitchen dining. Living area wows w/ a soaring cathedral ceiling, exposed beam accents, picture frame molding, and floor-to-ceiling windows offering picturesque views of the property. Primary suite is a true retreat, featuring a remodeled spa-like bathroom with a huge walk-in shower. Upstairs, you’ll find a game room, 3 spacious secondary bedrooms & 2 beautifully remodeled baths with modern finishes. Step outside to an entertainer’s paradise w/back patio, expansive covered outdoor living area, garden, and fully fenced grounds. List of upgrades in the attachments—Home is a must-see!

Details

Property type

Single Family Residence

Est. home value

$561,970

Lot size

2.25 acres

Price per sq ft

$297

Year built

1982

Annual property taxes

$7,416

Monthly HOA fee

$52.17

Price History

02/05/2025
Houston

Houston #27586285

Listed
$847,000
03/05/2021
Houston

Houston #41026055

Removed

Schools & Community

Elementary school: 

BENTLEY ELEMENTARY SCHOOL

Middle school: 

BRISCOE JUNIOR HIGH SCHOOL

High school: 

FOSTER HIGH SCHOOL

School district: 

Lamar Consolidated

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

$403,370
Asking price
$847,000
Closing costs (~8% of asking)
-$67,760
Est. remaining loan balance
-$375,870
Cash to seller
$403,370

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

Seller’s Loan History

Lender

United Wholesale Mortgage

Loan start date

March 2021

Original loan amount

$412,240

Est. remaining balance

$375,870

Interest rate

2.79%

Loan type

New Conventional, 30 year

Seller

Thomas A Schildhammer Jr and Abigail E Schildhammer

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?

Status: Active

Tomo last checked: 02/06/2025 at 12:30 AM

Listing updated: 02/05/2025 at 8:03 PM

Listed by: Kathy Garrison, BHHS Karapasha Realty Phone #: (281) 944-3640

MLS: Houston #27586285

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