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$2,990,000

Beds
5
Baths
6.0
sq ft
6,550

2517 Sierra Madre St, Friendswood, TX 77546

2517 Sierra Madre St

Friendswood, TX 77546

  • 333 days on market
    • Price drop $260,000↓
This remarkable Texas Hill Country type home encompassing 4.86 acres is situated near the end of a private street in coveted Rancho Viejo. An iron entry gate opens to spacious grounds and this sprawling one-story with front and rear courtyards. Three entry doors lead to generous living spaces with tall ceilings, quarried stone accent walls and stained-wood beams. Walls of glass reveal expansive sheltered patios with an outdoor fireplace, enormous resort pool and spa, stucco cabanas and an elaborate summer kitchen. The interior floor plan rivals the exterior amenities. Its primary wing includes a secluded multi-room suite with bedroom, library and an extra room with pool access. The secondary wing has a game room, children's study and four bedrooms with en-suite baths. Spacious grounds allow for a barn with air-conditioned storage, a stocked pond with a Spindletop-style vintage oil derrick, a pavilion and space for horses.

Details

Property type

Single Family Residence

Est. home value

$2,096,723

Lot size

4.86 acres

Price per sq ft

$457

Year built

2005

Annual property taxes

$32,771

Price History

05/18/2024
Houston

Houston #27218593

Price change
$2,990,000
-8%
01/23/2024
Houston

Houston #27218593

Listed
$3,250,000

Schools & Community

Elementary school: 

CLINE ELEMENTARY SCHOOL

Middle school: 

FRIENDSWOOD JUNIOR HIGH SCHOOL

High school: 

FRIENDSWOOD HIGH SCHOOL

School district: 

Friendswood

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

Truist Bank

Loan start date

November 2021

Original loan amount

$125,500

Est. remaining balance

Not provided

Interest rate

2.55%

Loan type

Credit Line (Revolving), 25 year

Seller

James W Jamail

Lender

Network Funding Lp

Loan start date

November 2011

Original loan amount

$189,700

Est. remaining balance

$29,701

Interest rate

3.26%

Loan type

New Conventional, 15 year

Seller

James W Jamail and Simona Jamail

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: 12/22/2024 at 4:55 AM

Listing updated: 12/02/2024 at 8:23 PM

Listed by: Patricia Savage, Martha Turner Sotheby's International Realty - Bay Area Phone #: (281) 333-3034

MLS: Houston #27218593

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