tomo logo

$699,900

Beds
3
Baths
2.0
sq ft
1,984

25670 Taylor St, Montgomery, TX 77356

25670 Taylor St

Montgomery, TX 77356

  • 387 days on market
    • Price drop $25,100↓
Nestled in Montgomery, TX is the perfect investment opportunity for someone interested in a property offering 7.9 acres, gated access, multiple living quarters, 2 RV hookups, a pond, storage and a boarding/grooming business at your finger tips! The 3 bed 2 bath main house features 1984 sf and numerous improvements including the following: Aerobic septic system in 2015; Windows throughout, doors, main bath remodeled & concrete driveway all in 2019; Screened in patio in 2020; Water well & pump in 2021. Washer/dryer/refrigerator included. The 3000+/- SF kennel currently caters to dogs in every way. You currently have the opportunity to expand the boarding/grooming business, convert it into a new business venture or renovate it into additional living quarters. The possibilities are endless! There is also a 2 bedroom 2 bath manufactured home with a porch that doesn't end. Located in the acclaimed Montgomery ISD with a low tax rate and no restrictions. Investment opportunity MUST see!!

Details

Property type

Single Family Residence

Lot size

7.93 acres

Price per sq ft

$353

Year built

1980

Annual property taxes

$7,961

Price History

09/23/2024
Houston

Houston #32130210

Listed
$699,900
09/21/2024
Houston

Houston #32130210

Pending
$699,900
08/28/2024
Houston

Houston #32130210

Price change
$699,900
-3.46%

Schools & Community

Elementary school: 

LINCOLN ELEMENTARY SCHOOL (MONTGOMERY)

Middle school: 

MONTGOMERY JUNIOR HIGH SCHOOL

High school: 

MONTGOMERY HIGH SCHOOL

School district: 

Montgomery

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

$412,640
Asking price
$699,900
Closing costs (~8% of asking)
-$55,992
Est. remaining loan balance
-$231,268
Cash to seller
$412,640

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

Seller’s Loan History

Lender

Guaranty Federal Mortgage Llc

Loan start date

January 2021

Original loan amount

$300,000

Est. remaining balance

$231,268

Interest rate

2.28%

Loan type

New Conventional, 15 year

Seller

James H Shannon and Christine A Shannon

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: 12/23/2024 at 8:05 PM

Listing updated: 09/23/2024 at 10:02 PM

Listed by: Brittany Johnson, Styled Real Estate Phone #: (832) 652-7589

MLS: Houston #32130210

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