tomo logo

$798,000

Beds
3
Baths
2.5
sq ft
2,058

38279 FM 1488 Rd, Hempstead, TX 77445

38279 FM 1488 Rd

Hempstead, TX 77445

  • 65 days on market
    • Price drop $52,000↓
Gorgeous 3 bedroom, 2.5 bath home on 9+ unrestricted acres! The spacious living room features gleaming laminate flooring and a beautiful wood burning fireplace while the gourmet kitchen boasts custom cabinetry, a large pantry with slide outs, and stainless-steel appliances! The large primary retreat is freshly painted with new flooring and a lovely ensuite bath for optimal privacy! With a spa like soaking tub and large walk-in shower, the primary bathroom is a perfect place to relax after a long day! 2 secondary bedrooms and a secondary bath offer ample space for guests or even a home office. Property also includes a 3-stall barn w/feed room, hay loft and power/water, a 80'X100' riding arena, a 40X50 metal workshop w/keyless entry, a pond, and a fenced in garden with raised beds! Fully fenced and cross fenced with gated entry and limestone driveway. Tons of upgrades including new trim, lighting, doors, flooring and MUCH more! RV parking and 30-amp RV plug! Tour this gem today!!

Details

Property type

Single Family Residence

Lot size

9.353 acres

Price per sq ft

$388

Year built

1995

HOA

No

Price History

08/23/2024
Bryan

Bryan #24011737

Price change
$798,000
-6.12%
08/19/2024
Bryan

Bryan #24011737

Price change
$850,000
-2.86%
07/16/2024
Bryan

Bryan #24011737

Listed
$875,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

,

High school: 

Unknown

High school district: 

Other

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

$281,056
Asking price
$798,000
Closing costs (~8% of asking)
-$63,840
Est. remaining loan balance
-$453,104
Cash to seller
$281,056

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

Seller’s Loan History

Lender

Jpmorgan Chase Bank Na

Loan start date

March 2022

Original loan amount

$475,000

Est. remaining balance

$453,104

Interest rate

3.69%

Loan type

New Conventional, 30 year

Seller

Kyle L Roberts and Morgyn Roberts

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: Active

Tomo last checked: 09/19/2024 at 6:55 PM

Listing updated: 09/04/2024 at 1:32 AM

Listed by: Wendy Cline, Wendy Cline Properties Group Phone #: (281) 858-3451

MLS: Bryan #24011737

Bryan logo

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