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$7,990,000

Beds
6
Baths
10.0
sq ft
13,638

401 Lakeshore Dr, El Lago, TX 77586

401 Lakeshore Dr

El Lago, TX 77586

  • 223 days on market
INTRODUCING AN UNPARALLELED WATERFRONT ESTATE NESTLED ON THE SHORES OF TAYLOR LAKE. THIS ONE-OF-A-KIND RESIDENCE BOASTS LUXURY AND GRANDEUR IN EVERY DETAIL. SPANNING 13,638 SQ FEET, THIS EXPANSIVE ESTATE OFFERS 6+ BEDROOMS & 9 BATHS, PROVIDING AMPLE SPACE FOR FAMILY AND GUESTS. PREPARE TO BE MEMORIZED BY THE PRIMARY WING OF THE ESTATE THAT IS APPROX 4400 SQ FT, THE SITTING AREA OFFERS LED CEILING LIGHTS THAT DELICATELY PAINT THE CEILING OFFERING A PRIVATE PLANETARIUM EXPERIENCE. A BREATHTAKING BUTTRESSED GLASS WALL THAT OFFERS A VANTAGE POINT OF THE WATERFRONT GROUNDS AND MAJESTIC SUNSETS. OVER 1000 FEET OF COVETED WATER FRONTAGE, PRIVATE BOAT HOUSE WITH TWO LIFTS & ROOFTOP DECK, BUT THAT'S NOT ALL - FOR THE AVID BOATER THIS WATERWAY CONNECTS SEAMLESSLY TO THE INTERCOASTAL WATERWAYS. AND THERE'S MORE, FOR CAR COLLECTORS AND ENTHUSIASTS, A 3600 SQ FT DETACHED SHOWROOM AWAITS, COMPLETE WITH KITCHEN/GAMEROOM/1/2 BATH. THIS SPACE IS DESIGNED TO SHOWCASE YOUR COLLECTION IN STYLE.

Details

Property type

Single Family Residence

Est. home value

$4,394,404

Lot size

5.59 acres

Price per sq ft

$586

Year built

1973

Annual property taxes

$81,184

Price History

11/24/2023
Houston

Houston #25395382

Listed
$7,990,000

Schools & Community

Elementary school: 

ED H WHITE ELEMENTARY SCHOOL

Middle school: 

SEABROOK INTERMEDIATE SCHOOL

High school: 

CLEAR FALLS HIGH SCHOOL

School district: 

Clear Creek

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Bbva Usa

Loan start date

May 2021

Original loan amount

$1,478,232

Est. remaining balance

Not provided

Interest rate

2.87%

Loan type

New Conventional, 30 year

Seller

William M Friedrichs Jr and Angela R R Friedrichs

Lender

Bbva Usa

Loan start date

May 2020

Original loan amount

$1,020,855

Est. remaining balance

Not provided

Interest rate

3.4%

Loan type

Credit Line (Revolving)

Seller

William M Friedrichs Jr and Angela R Friedrichs

Lender

Compass Bank

Loan start date

July 2018

Original loan amount

$450,000

Est. remaining balance

Not provided

Interest rate

3.74%

Loan type

Credit Line (Revolving)

Seller

William M Friedrichs Jr and Angela R Friedrichs

Lender

Hsbc Bank Usa

Loan start date

February 2017

Original loan amount

$1,600,000

Est. remaining balance

Not provided

Interest rate

3.62%

Loan type

Adjustable Rate Mortgage, 30 year

Seller

William M Friedrichs Jr and Angela R Friedrichs

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?

Similar Homes Nearby

Houston
$8,900,000
6 bd
|
8 ba
|
13,529 sq ft
|
House

319 Lakeshore Dr, Seabrook, TX 77586

Status: Active

Tomo last checked: 07/04/2024 at 10:50 PM

Listing updated: 06/20/2024 at 1:23 PM

Listed by: Kelly Paul, eXp Realty LLC Phone #: (888) 519-7431

MLS: Houston #25395382

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