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$695,000

Beds
5
Baths
3.5
sq ft
4,165

17919 Folly Point Dr, Cypress, TX 77429

17919 Folly Point Dr

Cypress, TX 77429

  • 90 days on market
    • Price drop $15,000↓
Welcome to 17919 Folly Point, luxury canal-front living in the highly sought after Sydney Harbour. This home offers 5 bedrooms, 3.5 baths, formal living and dining, family room, study, media room and game room. Extensively renovated in 2020, this home has upgraded from top to bottom. The kitchen includes Brazilian Quartzite counters, high end appliances and is a chef's dream. The wall of windows from the family room provide unobstructed views of the backyard oasis and canal. Conveniently located on the first floor, the primary suite is a retreat and includes en-suite bath, walk-in closet and separate bathtub and shower. The upstairs balcony offers additional outside access. The backyard oasis features ample greenspace, multiple seating areas as well as a dock great for fishing and boating(electric only). The community amenities include access to the pool & clubhouse, walking paths, lake-front gazebo & playground. This home is a perfect blend of modern luxury and traditional comfort.

Details

Property type

Single Family Residence

Est. home value

$661,633

Lot size

9,566 sq ft

Price per sq ft

$167

Year built

2009

Annual property taxes

$13,963

Monthly HOA fee

$105.42

Price History

11/08/2024
Houston

Houston #41267801

Price change
$695,000
-2.11%
09/23/2024
Houston

Houston #41267801

Listed
$710,000
11/04/2019
Houston

Houston #65340788

Removed

Schools & Community

Elementary school: 

FARNEY ELEMENTARY SCHOOL

Middle school: 

GOODSON MIDDLE SCHOOL

High school: 

CYPRESS WOODS 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

$320,775
Asking price
$695,000
Closing costs (~8% of asking)
-$55,600
Est. remaining loan balance
-$318,625
Cash to seller
$320,775

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

Seller’s Loan History

Lender

Navy Fcu

Loan start date

February 2021

Original loan amount

$349,300

Est. remaining balance

$318,625

Interest rate

2.67%

Loan type

New Conventional, 30 year

Seller

Lawrence Louis Jr

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: 12/23/2024 at 4:45 AM

Listing updated: 12/22/2024 at 4:08 PM

Listed by: Gerald Womack, Womack Development & Investment Realtors Phone #: (713) 523-7402

MLS: Houston #41267801

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