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$1,250,000

Beds
3
Baths
4.0
sq ft
3,950

1802 Pinewoods Way, Spring, TX 77386

1802 Pinewoods Way

Spring, TX 77386

  • 186 days on market
Unique 1.22 unrestricted acres on a corner lot. One block off Rayford Rd. Flexible Use, ideal for commercial ventures or a spacious residence. Workshop Potential: Large 1,650 sqft workshop with 4 bay doors, office, and half-bath. Separate Apartment: Income-generating 2-bedroom, 1-bathroom garage apartment (1200 sqft) above the workshop. Private Oasis: Relax in your own in-ground pool with a waterfall. Master bedroom boasts two large walk-in closets (9x15 & 10x13). Renovation Ready: open canvas on the entire 34x37 sqft second floor for your dream layout. Modern Septic System: Aerobic system (1,000 gallons/day) installed in 2022 for peace of mind. Commercial Potential: Easily convert the home into office space and create a thriving commercial site. Post-Storm Updates: Photos provided by the owner may not reflect recent storm damage (June 2024). Several trees were removed for safety but are shown in aerial photos.

Details

Property type

Single Family Residence

Est. home value

$479,475

Lot size

1.22 acres

Price per sq ft

$317

Year built

1967

Annual property taxes

$6,469

Price History

06/21/2024
Houston

Houston #56799619

Listed
$1,250,000

Schools & Community

Elementary school: 

FORD ELEMENTARY SCHOOL (CONROE)

Middle school: 

IRONS JUNIOR HIGH SCHOOL

High school: 

OAK RIDGE HIGH SCHOOL

School district: 

Conroe

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

$1,124,387
Asking price
$1,250,000
Closing costs (~8% of asking)
-$100,000
Est. remaining loan balance
-$25,613
Cash to seller
$1,124,387

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

Seller’s Loan History

Lender

Nvr Mtg

Loan start date

August 1997

Original loan amount

$123,500

Est. remaining balance

$25,613

Interest rate

7.47%

Loan type

Not Provided, 30 year

Seller

Bruce W Thomasson and Kimberly D Thomasson

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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28607 Pinnacle Point Pl, Spring, TX 77386

Status: Active

Tomo last checked: 12/24/2024 at 1:30 PM

Listing updated: 07/09/2024 at 4:04 AM

Listed by: Scott Young, State 28 Real Estate, PLLC Phone #: (281) 849-8028

MLS: Houston #56799619

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