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$1,272,092Estimated home value

Beds
5
Baths
3.5
sq ft
4,862

19619 E Paloma Lago Ct, Cypress, TX 77433

19619 E Paloma Lago Ct

Cypress, TX 77433

  • Sold On 9/10/2024
Breathtaking 2-story home, on 2 acres, in gated community, with view of lake. Welcoming, covered front porch invites you into a formal entry with curving stairway to the second floor. The spacious kitchen includes 2 islands & coffee bar with an open view of the living room. Solid maple floors throughout downstairs main areas, office & upstairs main areas. Glass doors in living room open to incredible covered patio with outdoor kitchen, heated pool, spa & 2 large fire pit areas. Primary bedroom on main floor includes private door accessing outdoor oasis, a large primary bathroom with separate sinks,luxurious claw foot bathtub, & separate shower. Large walk-in closet includes an island & a hideaway room. There is a game room upstairs with 4 additional rooms & a bonus room currently being used as craft room. 4-car garage includes an outdoor shower space & access to the mudroom/utility room. Enjoy the 22kW Generac generator that can power the home during extreme weather events.

Details

Property type

Single Family Residence

Est. home value

$1,272,092

Lot size

2.07 acres

Price per sq ft

$283

Year built

2014

Annual property taxes

$19,767

Monthly HOA fee

$133.33

Price History

09/10/2024
Houston

Houston #60384147

Removed
08/28/2024
Houston

Houston #60384147

Pending
$1,375,000
08/16/2024
Houston

Houston #60384147

Listed
$1,375,000

Schools & Community

Elementary school: 

WEST ELEMENTARY (TOMBALL)

Middle school: 

GRAND LAKES JUNIOR HIGH SCHOOL

High school: 

TOMBALL HIGH SCHOOL

School district: 

Tomball

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

$614,075
Asking price
$1,375,000
Closing costs (~8% of asking)
-$110,000
Est. remaining loan balance
-$650,925
Cash to seller
$614,075

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

Seller’s Loan History

Lender

Fairway Independent Mortgage Corp

Loan start date

May 2021

Original loan amount

$700,000

Est. remaining balance

$650,925

Interest rate

3.18%

Loan type

New Conventional, 30 year

Seller

Joseph Gallagher and Kelly Gallagher

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: Off Market

Tomo last checked: 10/05/2024 at 8:15 PM

Listing updated: 09/10/2024 at 2:28 PM

Listed by: Fallon Lawson, Fallon & Co Phone #: (832) 283-2873

MLS: Houston #60384147

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