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$1,200,000

Beds
6
Baths
4.5
sq ft
4,657

25403 Madison Falls Ln, Katy, TX 77494

25403 Madison Falls Ln

Katy, TX 77494

  • 40 days on market
Welcome to 25403 Madison Falls Lane, an exquisite Highland Home nestled in the prestigious master-planned Cinco Ranch community, zoned to top-rated Katy ISD. Boasting 6 bedrooms, 4.1 baths, and a rare 4-car garage, this home exudes luxury from the moment you step inside. A grand entryway leads to an open-concept floor plan, perfect for entertaining. The gourmet kitchen dazzles with custom cabinetry, Quartz countertops, and an oversized waterfall island. The family room is a showstopper with a cozy fireplace, rich wood flooring, and floor-to-ceiling windows that bathe the space in natural light. Retreat to the opulent primary suite with its spa-like bath, featuring a walk-in shower, garden tub, and an expansive closet. Upstairs, find 4 additional bedrooms, game room, and media room. Outside, the covered patio, complete with an outdoor fireplace and cedar-plank ceiling, overlooks a sprawling backyard—perfect for relaxation or gatherings. This home is the epitome of elegance and comfort!

Details

Property type

Single Family Residence

Est. home value

$869,910

Lot size

0.26 acres

Price per sq ft

$258

Year built

2009

Annual property taxes

$16,535

Monthly HOA fee

$95.83

Price History

09/26/2024
Houston

Houston #43275075

Listed
$1,200,000
11/18/2020
Houston

Houston #38330474

Removed

Schools & Community

Elementary school: 

STANLEY ELEMENTARY SCHOOL

Middle school: 

SEVEN LAKES JUNIOR HIGH SCHOOL

High school: 

SEVEN LAKES 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

$857,500
Asking price
$1,200,000
Closing costs (~8% of asking)
-$96,000
Est. remaining loan balance
-$246,500
Cash to seller
$857,500

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

Seller’s Loan History

Lender

Movement Mortgage

Loan start date

November 2020

Original loan amount

$270,000

Est. remaining balance

$246,500

Interest rate

2.88%

Loan type

New Conventional, 30 year

Seller

Deon Botes and Tracey Botes

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: 11/05/2024 at 8:45 PM

Listing updated: 09/29/2024 at 4:13 PM

Listed by: Nicole Freer, Corcoran Genesis Phone #: (832) 437-1822

MLS: Houston #43275075

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