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$1,600,000

Beds
4
Baths
4.5
sq ft
5,557

4343 Schlipf Rd, Katy, TX 77493

4343 Schlipf Rd

Katy, TX 77493

  • 79 days on market
    • Price drop $250,000↓
10-Acre Custom-Built Estate in Prime Location – Perfect for Development or Personal Oasis! Step into over 5,000 sq. ft. of meticulously designed living space on 10 acres of subdividable land, offering endless possibilities. This expansive 4/5-bedroom, 4-bathroom home features a chef's kitchen with high-end appliances, dual ovens, granite counters, and a large pantry. The home is complete with a media room, game room, bonus room and an oversized mud-laundry room. In addition to the many features of this home, it is equipped with solar panels. Outdoor amenities include an insulated garage and gas lines ready for a generator. Situated adjacent to Sunterra, a 2300 acre master planned community. this property is ideal for investors or those seeking a private retreat. Don't miss this rare opportunity in a prime location! Click Virtual Link to see a video, floor plans and more

Details

Property type

Single Family Residence

Est. home value

$1,511,589

Lot size

10.00 acres

Price per sq ft

$288

Year built

2011

Annual property taxes

$15,518

Price History

11/01/2024
Houston

Houston #68328549

Price change
$1,600,000
-13.51%
10/04/2024
Houston

Houston #68328549

Listed
$1,850,000
10/03/2024
Houston

Houston #68328549

Removed

Schools & Community

Elementary school: 

ROBERTSON ELEMENTARY SCHOOL (KATY)

Middle school: 

HASKETT JUNIOR HIGH SCHOOL

High school: 

FREEMAN HIGH SCHOOL

School district: 

Katy

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

$370,769
Asking price
$1,600,000
Closing costs (~8% of asking)
-$128,000
Est. remaining loan balance
-$1,101,231
Cash to seller
$370,769

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

Seller’s Loan History

Lender

Jpmorgan Chase Bank Na

Loan start date

May 2023

Original loan amount

$1,120,000

Est. remaining balance

$1,101,231

Interest rate

6.27%

Loan type

New Conventional, 30 year

Seller

Aaron Stephens and Harris Rosn Trust

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: 11/14/2024 at 11:40 PM

Listing updated: 11/01/2024 at 9:43 PM

Listed by: Markesha Smith, Rochelle Marquee Properties Phone #: (832) 689-3452

MLS: Houston #68328549

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