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$2,500,000

Beds
4
Baths
6.5
sq ft
11,156

427 W Alkire Lake Dr, Sugar Land, TX 77478

427 W Alkire Lake Dr

Sugar Land, TX 77478

  • Pending
    • Price drop $1,790,000↓
Set on 2.46 acres in the prestigious Alkire Lakes subdivision, 427 W Alkire Lake Drive is a stunning estate offering over 11,000 sq. ft. of luxury living. This gated residence features beautifully landscaped gardens, a circular driveway, and exceptional design throughout. Inside, soaring ceilings, crown molding, and abundant natural light create a welcoming atmosphere. The home includes four spacious bedrooms, seven bathrooms, and multiple living areas, including a chef-inspired kitchen with double ovens and a gas cooktop. Elegant fireplaces add warmth and sophistication. The expansive outdoor space offers a pool, hot tub, and pergola for alfresco dining, perfect for enjoying sunrises and sunsets over the lake. With a blend of privacy, luxury, and timeless style, this home is ideal for both entertaining and relaxed living.

Details

Property type

Single Family Residence

Est. home value

$4,985,324

Lot size

2.50 acres

Price per sq ft

$225

Year built

1991

Annual property taxes

$11,835

Price History

12/20/2024
Houston

Houston #76494073

Pending
$2,500,000
12/13/2024
Houston

Houston #76494073

Price change
$2,500,000
-41.72%
11/01/2024
Houston

Houston #76494073

Listed
$4,290,000

Schools & Community

Elementary school: 

HIGHLANDS ELEMENTARY SCHOOL (FORT BEND)

Middle school: 

DULLES MIDDLE SCHOOL

High school: 

DULLES HIGH SCHOOL

School district: 

Fort Bend

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

$2,002,447
Asking price
$2,500,000
Closing costs (~8% of asking)
-$200,000
Est. remaining loan balance
-$297,553
Cash to seller
$2,002,447

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

Seller’s Loan History

Lender

Wr Starkey Mortgage Llp

Loan start date

August 2012

Original loan amount

$417,000

Est. remaining balance

$297,553

Interest rate

3.56%

Loan type

New Conventional, 30 year

Seller

Gary D Tuma and Patti Tuma

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

Price drop
Houston
$2,295,000
3 bd
|
3 ba
|
3,045 sq ft
|
House

802 San Marino St, Sugar Land, TX 77478

Status: Pending/Under Contract

Tomo last checked: 12/23/2024 at 7:55 AM

Listing updated: 12/20/2024 at 11:18 AM

Listed by: Jacob Kennington, Better Homes and Gardens Real Estate Gary Greene - Sugar Land Phone #: (281) 980-5050

MLS: Houston #76494073

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