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$505,000

Beds
4
Baths
2.5
sq ft
2,640

18306 Pedernales Springs Dr, Cypress, TX 77433

18306 Pedernales Springs Dr

Cypress, TX 77433

  • 59 days on market
    • Price drop $13,000↓
Incredible two story home in the highly sought after neighborhood of Towne Lake in Cypress, TX. This meticulously maintained 4 bedroom 2 1/2 bathroom home has numerous upgrades inside and out. From the beautiful landscaping and covered back patio to the energy efficiencies and designer finishes throughout, the updated kitchen aesthetic to the custom guest bathroom, 18306 Pedernales Springs is beyond ready for its next owners to enjoy! Hosting is a dream with an open kitchen to the living room and dining area coupled with the soaring ceilings and oversized island - this set up is hard to beat. The second story features all of the guest bedrooms, a large game room and a flex space that can function as a media room, or an oversized office. Towne Lake is full of amenities, just around the corner from the home sits a park with a splash pad, fishing dock, and marina for home owners to enjoy! All info per Seller.

Details

Property type

Single Family Residence

Est. home value

$490,471

Lot size

5,998 sq ft

Price per sq ft

$192

Year built

2020

Annual property taxes

$11,777

Monthly HOA fee

$159.08

Price History

11/14/2024
Houston

Houston #92545188

Price change
$505,000
-2.51%
10/28/2024
Houston

Houston #92545188

Price change
$518,000
-1.33%
10/11/2024
Houston

Houston #92545188

Price change
$525,000
-2.6%

Schools & Community

Elementary school: 

RENNELL ELEMENTARY SCHOOL

Middle school: 

ANTHONY MIDDLE SCHOOL (CYPRESS-FAIRBANKS)

High school: 

CYPRESS RANCH 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

$182,305
Asking price
$505,000
Closing costs (~8% of asking)
-$40,400
Est. remaining loan balance
-$282,295
Cash to seller
$182,305

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

Seller’s Loan History

Lender

Cornerstone Mortgage Providers Llc

Loan start date

March 2021

Original loan amount

$307,200

Est. remaining balance

$282,295

Interest rate

2.73%

Loan type

New Conventional, 30 year

Seller

Zachary James Mcdonald and Marissa Layne Mcdonald

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: 11/15/2024 at 4:50 AM

Listing updated: 11/14/2024 at 10:08 AM

Listed by: Matthew Shelton, Greenwood King Properties - Heights Office Phone #: (713) 864-0888

MLS: Houston #92545188

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