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$330,000

Beds
3
Baths
2.0
sq ft
2,188

16306 Rainbow Lake Rd, Houston, TX 77095

16306 Rainbow Lake Rd

Houston, TX 77095

  • 5 days on market
All Brick 1-Story home with long driveway, iron gate! Updated double pane Insulated Windows; Kitchen w/Built-In Desk, Center Island; Sunny Breakfast Area; Study with double French Doors & Built-in Desk; Large Den with gas log Fireplace; modern 6-inch Baseboards Throughout the Home; Spacious Primary Bedroom split from secondary bedrooms; Remodeled ensuite Bathroom with Stand Alone Tub, Large Walk-In Shower with Dual Shower Heads, Stained Glass Windows, Custom Vanity with Two Sinks and Custom Organized Closet; Solid Oak Wood Floors; Secondary Bathroom Remodeled with Custom Vanity, Two Sinks, beautiful Marble Countertop and Subway Tile surround in Bath/Shower; Very Private Backyard (backs to greenbelt, no homes in back), Beautifully Landscaped with Extended Patio & shady Arbor Cover; Full Sprinkler System; Recent epoxy floor inside the garage! Walking Trails Behind Home and Walking Distance to Area Pool, Splash Pad & Park! Plus Much More Gorgeous Details For You To See!

Details

Property type

Single Family Residence

Est. home value

$327,819

Lot size

8,246 sq ft

Price per sq ft

$151

Year built

1987

Annual property taxes

$6,827

Monthly HOA fee

$58.75

Price History

02/20/2025
Houston

Houston #47418965

Listed
$330,000
10/08/2021
Houston

Houston #66103429

Removed

Schools & Community

Elementary school: 

LOWERY ELEMENTARY SCHOOL

Middle school: 

ARAGON MIDDLE SCHOOL

High school: 

LANGHAM CREEK 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

$185,885
Asking price
$330,000
Closing costs (~8% of asking)
-$26,400
Est. remaining loan balance
-$117,715
Cash to seller
$185,885

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

Seller’s Loan History

Lender

Swbc Mortgage Corp

Loan start date

June 2016

Original loan amount

$145,000

Est. remaining balance

$117,715

Interest rate

3.61%

Loan type

New Conventional, 30 year

Seller

Peter Sebben

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: 02/25/2025 at 3:05 PM

Listing updated: 02/21/2025 at 4:04 AM

Listed by: Dawn Fore, RE/MAX Universal Phone #: (281) 894-1000

MLS: Houston #47418965

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