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$525,000

Beds
3
Baths
3.0
sq ft
1,838

38389 S Bonnie Lake Dr, Hempstead, TX 77445

38389 S Bonnie Lake Dr

Hempstead, TX 77445

  • 41 days on market
Welcome to your dream retreat in Hempstead, TX! Nestled on a generous 1.63-acre lot, this beautifully appointed home offers the perfect blend of country charm and modern amenities. Step onto the expansive wrap-around porch, ideal for enjoying serene Texas evenings. Inside, the home is warm and inviting, with spacious living areas designed for comfort and relaxation. Outdoors, you’ll find a stunning private pool, ideal for cooling off on hot Texas days, and a 40x30 shop that includes a fully equipped apartment—perfect for guests, a home office, or rental income. The property is equipped with an RV hook-up, providing convenience for travel enthusiasts, and a 22KW generator to ensure you’re never without power. Whether you're hosting gatherings, working on projects, or simply enjoying the tranquility of your own oasis, this property offers endless possibilities. Don't miss this rare opportunity to own a piece of Texas paradise!

Details

Property type

Single Family Residence

Est. home value

$403,663

Lot size

1.63 acres

Price per sq ft

$286

Year built

2013

Annual property taxes

$6,263

Monthly HOA fee

$5

Price History

08/09/2024
Houston

Houston #83042940

Listed
$525,000
07/24/2020
Houston

Houston #46318657

Removed

Schools & Community

Elementary school: 

H T JONES ELEMENTARY SCHOOL

Middle school: 

SCHULTZ JUNIOR HIGH SCHOOL

High school: 

WALLER HIGH SCHOOL

School district: 

Waller

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

$168,218
Asking price
$525,000
Closing costs (~8% of asking)
-$42,000
Est. remaining loan balance
-$314,782
Cash to seller
$168,218

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

Seller’s Loan History

Lender

Legend Lending Corp

Loan start date

July 2020

Original loan amount

$344,751

Est. remaining balance

$314,782

Interest rate

3.18%

Loan type

VA, 30 year

Seller

William H Shank and Amy R Shank

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: 09/19/2024 at 6:50 PM

Listing updated: 08/27/2024 at 9:22 AM

Listed by: Anthony Heckman, The Wolf Real Estate Group Phone #: (281) 974-6036

MLS: Houston #83042940

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