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$770,850Estimated home value

Beds
4
Baths
4.0
sq ft
3,794

3310 Eula Morgan Rd, Katy, TX 77493

3310 Eula Morgan Rd

Katy, TX 77493

  • Off market
Explore these 2 modern farmhouses located on 1.3-acres in Old Katy. Perfect for small business owners seeking a home that adapt to their lifestyle. The kitchen features granite countertops, travertine floors, stainless steel appliances, & a large fridge/freezer. A 24x30 storage building provides ample space for business and can also serve as a detached garage. The main house offers 3 Bedrooms, 3 full baths, and a versatile media room or 4th Bedroom Suite. The Guest Home consists of 600 sq/ft, a 1 Bedroom, 1 Bathroom, Kitchen with quartz countertops and living room. This 2nd Home is perfect for Next Gen living with in-laws, rental space or an office for your business. Enjoy sustainable living with a 24,300kw solar panel system. Located outside Katy City limits, the property is Completely Unrestricted and can fit boats, RV’s and vehicles of any size. The property relies on a well and septic system, offering endless possibilities for country living, all with LOW TAXES.

Details

Property type

Single Family Residence

Est. home value

$770,850

Lot size

1.30 acres

Price per sq ft

$238

Year built

1966

Annual property taxes

$7,467

Price History

06/13/2024
Houston

Houston #81955675

Removed
05/18/2024
Houston

Houston #20989140

Removed
05/18/2024
Houston

Houston #81955675

Listed
$900,000
-3.23%

Schools & Community

Elementary school: 

KATY ELEMENTARY SCHOOL

Middle school: 

HASKETT JUNIOR HIGH SCHOOL

High school: 

KATY 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

$502,875
Asking price
$900,000
Closing costs (~8% of asking)
-$72,000
Est. remaining loan balance
-$325,125
Cash to seller
$502,875

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

Seller’s Loan History

Lender

Rocket Mortgage Llc

Loan start date

January 2022

Original loan amount

$342,500

Est. remaining balance

$325,125

Interest rate

3.1%

Loan type

New Conventional, 30 year

Seller

Terry S Richards Jr and Christi M Richards

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: Off Market

Tomo last checked: 07/05/2024 at 8:00 PM

Listing updated: 05/25/2024 at 9:57 AM

Listed by: Linse Meadows, HomeSmart Phone #: (713) 785-6666

MLS: Houston #81955675

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