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$300,000

Beds
3
Baths
2.0
sq ft
2,160

20602 Palm Rain Ct, Katy, TX 77449

20602 Palm Rain Ct

Katy, TX 77449

  • <1 day on market
Lovely single-story home on a cul-de-sac lot, featuring a shaded front porch and an open floor plan! Inside, you'll find wood type flooring throughout, a French door study/office, large living room, formal dining with crown molding, plenty of natural light, utility room in-house, a breakfast area, and island kitchen with a breakfast bar. The spacious primary suite includes dual sinks, a jetted tub, separate shower, and walk-in closet while a game room is found between the 2 secondary bedrooms. Enjoy outdoor entertaining with ample patio space in the backyard! Located with proximity to TX-99/Grand Pkwy, I-10, Bear Creek Park, Katy Asian Town, Fairfield, Memorial. and more!

Details

Property type

Single Family Residence

Est. home value

$308,584

Lot size

8,411 sq ft

Price per sq ft

$139

Year built

2006

Annual property taxes

$7,248

Monthly HOA fee

$43.42

Price History

04/03/2025
Houston

Houston #74500487

Listed
$300,000
07/09/2020
Houston

Houston #62213345

Removed

Schools & Community

Elementary school: 

FRANZ ELEMENTARY SCHOOL

Middle school: 

MCDONALD JUNIOR HIGH SCHOOL

High school: 

MORTON RANCH HIGH SCHOOL

School district: 

Katy

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

$98,897
Asking price
$300,000
Closing costs (~8% of asking)
-$24,000
Est. remaining loan balance
-$177,103
Cash to seller
$98,897

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

Seller’s Loan History

Lender

Guaranteed Rate Inc

Loan start date

July 2020

Original loan amount

$196,650

Est. remaining balance

$177,103

Interest rate

3.24%

Loan type

New Conventional, 30 year

Seller

Mahalakshmi Ganapathy

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: 04/04/2025 at 12:35 PM

Listing updated: 04/04/2025 at 4:10 AM

Listed by: Gina Hudson, Realty Of America, LLC Phone #: (512) 788-9495

MLS: Houston #74500487

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