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$265,000

Beds
3
Baths
2.0
sq ft
1,608

423 Magnolia Ln, Richwood, TX 77531

423 Magnolia Ln

Richwood, TX 77531

  • 31 days on market
Welcome to 423 Magnolia Lane, a charming and beautifully updated home with all new HVAC System and Duct work, all new windows and patio door with solar screens, on a large corner lot. See attachments for a list of updates the seller has done. This 3 Bed, 2 Bath, 2 car garage starter home features a family room with a sliding door to the back porch and cozy brick fireplace. Conveniently near downtown Lake Jackson and Highway 288 for easy access to Pearland, Medical Center, and Downtown Houston. Move-in ready with a large backyard. Don't miss the chance to make this well-maintained home yours. Contact me today for a private showing.

Details

Property type

Single Family Residence

Est. home value

$222,150

Lot size

0.32 acres

Price per sq ft

$165

Year built

1976

Annual property taxes

$5,316

Price History

10/05/2024
Houston

Houston #88907263

Removed
10/05/2024
Houston

Houston #25463079

Listed
$265,000
10/04/2024
Houston

Houston #88907263

Listed
$265,000

Schools & Community

Elementary school: 

POLK ELEMENTARY SCHOOL (BRAZOSPORT)

Middle school: 

CLUTE INTERMEDIATE SCHOOL

High school: 

BRAZOSWOOD HIGH SCHOOL

School district: 

Brazosport

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

$40,221
Asking price
$265,000
Closing costs (~8% of asking)
-$21,200
Est. remaining loan balance
-$203,579
Cash to seller
$40,221

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

Seller’s Loan History

Lender

Texas Dow Employees Cu

Loan start date

December 2022

Original loan amount

$207,500

Est. remaining balance

$203,579

Interest rate

7.08%

Loan type

New Conventional, 30 year

Seller

Daniel Joseph Dane

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: 11/05/2024 at 9:25 AM

Listing updated: 10/22/2024 at 7:13 PM

Listed by: Amanda Williams, Stone's Throw Realty Phone #: (713) 396-9195

MLS: Houston #25463079

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