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$244,500

Beds
3
Baths
2.0
sq ft
1,545

40727 Gate Ridge Dr, Magnolia, TX 77354

40727 Gate Ridge Dr

Magnolia, TX 77354

  • <1 day on market
Wonderful 3 Bedroom home with a study, 2 Baths and a 2 car garage. Vinyl flooring in the Living Room and Hallways, Tile in the Kitchen and Carpet in the Bedrooms. Large Island Kitchen with Granite countertops, Gas Range, Refrigerator included and a walk-in Pantry. Ready for move-in.

Details

Property type

Single Family Residence

Est. home value

$275,815

Lot size

4,835 sq ft

Price per sq ft

$159

Year built

2020

Annual property taxes

$4,016

Price History

01/21/2025
Houston

Houston #10222123

Listed
$244,500
11/11/2020
Houston

Houston #10147147

Removed

Schools & Community

Elementary school: 

MAGNOLIA PARKWAY ELEMENTARY SCHOOL

Middle school: 

BEAR BRANCH JUNIOR HIGH SCHOOL

High school: 

MAGNOLIA HIGH SCHOOL

School district: 

Magnolia

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

$49,663
Asking price
$244,500
Closing costs (~8% of asking)
-$19,560
Est. remaining loan balance
-$175,277
Cash to seller
$49,663

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

Seller’s Loan History

Lender

Inspire Home Loans Inc

Loan start date

November 2020

Original loan amount

$193,176

Est. remaining balance

$175,277

Interest rate

2.9%

Loan type

FHA, 30 year

Seller

Robert Preston Hulsey

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: 01/22/2025 at 9:55 AM

Listing updated: 01/22/2025 at 4:03 AM

Listed by: Kenneth Lyles, North Houston RealtyNorth Houston Realty Phone #: (281) 444-4800

MLS: Houston #10222123

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