tomo logo

$1,795,000

Beds
4
Baths
5.0
sq ft
5,018

206 Faust Ln, Houston, TX 77024

206 Faust Ln

Houston, TX 77024

  • 45 days on market
    • Price drop $184,000↓
Welcome to this Exquisite Elegance in the Heart of Memorial with close to half an acre!! Experience the epitome of luxury living on this sprawling oasis. This brand-new residence offers modern elegance and comfort in every corner. As you step through the impressive double doors, you're greeted by a breathtaking foyer with sweeping staircase and soaring high ceilings that open up to an abundance of natural light. Indulge your culinary passions in the gourmet chef's kitchen, spacious island, custom cabinetry, butler's pantry, and stainless-steel appliance. Create your own outdoor paradise as we step into a fully equipped outdoor kitchen overlooking half an acre, offering ample of space awaiting for your next resort-style pool to be built! Enjoy convenient access to top-rated schools, Rummel Elementary, Memorial JR & HS, premium shopping centers and dining options.

Details

Property type

Single Family Residence

Est. home value

$1,875,310

Property condition

New Construction

Lot size

0.48 acres

Price per sq ft

$358

Year built

2022

Annual property taxes

$15,340

Monthly HOA fee

$34.25

Price History

11/18/2024
Houston

Houston #9782914

Price change
$1,795,000
-9.3%
11/06/2024
Houston

Houston #9782914

Listed
$1,979,000
02/19/2024
Houston

Houston #10604064

Removed

Schools & Community

Neighborhood: 

Memorial

Elementary school: 

RUMMEL CREEK ELEMENTARY SCHOOL

Middle school: 

MEMORIAL MIDDLE SCHOOL (SPRING BRANCH)

High school: 

MEMORIAL HIGH SCHOOL (SPRING BRANCH)

School district: 

Spring Branch

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

Texas Hampton Investments Inc

Loan start date

February 2008

Original loan amount

$300,000

Est. remaining balance

Not provided

Interest rate

6.17%

Loan type

Balloon, 1 year

Seller

Cypresswood Residential Home Builders Gr

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?

Similar Homes Nearby

Price drop
Houston
$1,720,000
4 bd
|
5 ba
|
4,554 sq ft
|
House

407 Faust Ln, Houston, TX 77024

Houston
$1,704,000
4 bd
|
4.5 ba
|
3,365 sq ft
|
House

206 Sutton Row Pl, Houston, TX 77024

Price drop
Houston
$1,899,900
4 bd
|
3.5 ba
|
4,850 sq ft
|
House

13034 Perthshire Rd, Houston, TX 77079

Status: Active

Tomo last checked: 12/22/2024 at 3:35 AM

Listing updated: 11/27/2024 at 4:33 PM

Listed by: Karen Benson, C.R.Realty Phone #: (832) 646-0512

MLS: Houston #9782914

Houston logo

Recently listed in Houston

$300,000|4 bd|3.0 ba|House
$250,000|4 bd|2.0 ba|House
$160,000|3 bd|1.0 ba|House
$345,000|3 bd|2.5 ba|House
$349,000|3 bd|2.5 ba|House
$295,000|2 bd|2.0 ba|Townhouse