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$6,150,000

Beds
Unknown
sq ft
11,279

18993 Ferne Dr, Porter, TX 77365

18993 Ferne Dr

Porter, TX 77365

  • 509 days on market
This 110-acre property, nestled in East Montgomery County is located less than 1 mile from Grand Pkwy and 1/2 mile from FM 1314. The tract is situated in a booming residential development corridor, just across the street from MPC “The Highlands.” Strategically located 12 miles East of The Woodlands, and 4 miles West of Valley Ranch. The property was previously operated as a secluded, non-profit retreat with numerous improvements listed herein on page 12. The grounds & improvements have been well-maintained, making this a turn-key summer camp, corporate retreat, or non-profit campus.

Details

Property type

Single Family Residence

Lot size

110.00 acres

Price per sq ft

$546

Year built

1996

Annual property taxes

$38,313

Price History

11/14/2024
Houston

Houston #33733480

Listed
$6,150,000
10/03/2024
Houston

Houston #33733480

Pending
$6,150,000
09/17/2023
Houston

Houston #33733480

Listed
$6,150,000

Schools & Community

Elementary school: 

ROBERT CRIPPEN ELEMENTARY SCHOOL

Middle school: 

WHITE OAK MIDDLE SCHOOL (NEW CANEY)

High school: 

PORTER HIGH SCHOOL (NEW CANEY)

School district: 

New Caney

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Evangelical Christian Cu

Loan start date

October 2012

Original loan amount

$2,139,402

Est. remaining balance

Not provided

Interest rate

3.55%

Loan type

Commercial, 5 year

Seller

Arrow Child & Family Ministries and The Arrow Project

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: 11/24/2024 at 9:55 AM

Listing updated: 11/14/2024 at 2:53 PM

Listed by: Juan Sanchez, Sendero Real Estate Phone #: (281) 407-0601

MLS: Houston #33733480

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