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$875,000

Beds
5
Baths
5.0
sq ft
4,283

2711 Mayfield Ridge Ln, Katy, TX 77494

2711 Mayfield Ridge Ln

Katy, TX 77494

  • 12 days on market
    • Price drop $24,000↓
Situated in highly regarded Cinco Ranch northwest neighborhood, this sophisticated, stunning home has everything! A backyard oasis features heated smart pool with pool safety cover, fully-equipped covered outdoor kitchen, and covered patio. 4-car tandem air-conditioned garage with epoxy floors, custom cabinets, and overhead storage. Large, open living room with fireplace. Gourmet kitchen with GE Monogram appliances, custom hood, cabinets with glass inserts, double convection ovens. Sunny breakfast area with wall of built-ins. Serene master suite looking out to pool with separate tub & shower, large custom walk-in closet, and furniture quality vanities with granite counters! Guest in suite downstairs. 3 bedrooms, large built-in desk, media, and game room upstairs. Zoned to exceptional Katy schools. Back on the market because the buyer was unable to obtain financing. Please text the agent to turn off the alarm. See attachment for an extensive list of upgrades on this home.

Details

Property type

Single Family Residence

Est. home value

$766,866

Lot size

8,398 sq ft

Price per sq ft

$205

Year built

2017

Annual property taxes

$19,117

Monthly HOA fee

$95.83

Price History

07/01/2024
Houston

Houston #41563973

Price change
$875,000
06/21/2024
Houston

Houston #5983325

Removed
06/20/2024
Houston

Houston #41563973

Listed
$899,000

Schools & Community

Elementary school: 

JENKS ELEMENTARY SCHOOL

Middle school: 

ADAMS JUNIOR HIGH SCHOOL

High school: 

JORDAN HIGH SCHOOL

Community features: 

Tennis Court(s)

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

$346,779
Asking price
$875,000
Closing costs (~8% of asking)
-$70,000
Est. remaining loan balance
-$458,221
Cash to seller
$346,779

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

Seller’s Loan History

Lender

Pennymac Loan Services Llc

Loan start date

January 2021

Original loan amount

$498,750

Est. remaining balance

$458,221

Interest rate

2.71%

Loan type

New Conventional, 29 year

Seller

Robert D Peters and Olga A Peters

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: 07/03/2024 at 9:35 AM

Listing updated: 07/01/2024 at 1:44 PM

Listed by: Russell Peters, REALM Real Estate Professionals - West Houston Phone #: (281) 870-0000

MLS: Houston #41563973

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