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$789,000

Beds
6
Baths
4.5
sq ft
3,678

5111 Mimosa Ln, Richmond, TX 77406

5111 Mimosa Ln

Richmond, TX 77406

  • 20 days on market
Welcome to the serene, picturesque community of Woods Edge. This acreage community is located just south of the Westpark Tollway and zoned to top-rated LCISD schools. This 6 bedroom, 4.5 bathroom home sits on a wooded 1.5 acre corner lot. The entire home has been remodeled with high end finishes and appliances. New cabinetry, built-ins, quartzite countertops, wood-like tile, sinks and faucets just to start. All major components have been replaced; roof, PEX plumbing, electrical, insulation, windows, ACs, duct work, water heater, and well pump. Woods Edge is known for old oak and pecan lined streets. While on a stroll, you are likely to see vibrant flowers, song birds, or a neighbor riding their horse. This community is one you will soon love to call home! Don't miss this opportunity for a turn-key country home.

Details

Property type

Single Family Residence

Est. home value

$654,655

Lot size

1.50 acres

Price per sq ft

$215

Year built

1981

Annual property taxes

$9,391

Monthly HOA fee

$12.5

Price History

11/01/2024
Houston

Houston #56950703

Listed
$789,000
06/13/2024
Houston

Houston #20084497

Removed
05/31/2024
Houston

Houston #20084497

Price change
$870,000
-5.43%

Schools & Community

Elementary school: 

FROST ELEMENTARY SCHOOL (LAMAR)

Middle school: 

BRISCOE JUNIOR HIGH SCHOOL

High school: 

FOSTER HIGH SCHOOL

School district: 

Lamar Consolidated

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

$452,028
Asking price
$789,000
Closing costs (~8% of asking)
-$63,120
Est. remaining loan balance
-$273,852
Cash to seller
$452,028

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

Seller’s Loan History

Lender

Network Funding Lp

Loan start date

January 2021

Original loan amount

$300,000

Est. remaining balance

$273,852

Interest rate

2.72%

Loan type

New Conventional, 30 year

Seller

Coral Musil and Ivan Adrian Musil

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: 11/22/2024 at 2:25 PM

Listing updated: 11/02/2024 at 4:04 AM

Listed by: Tracy Kirkpatrick, 5 Star Tracy Property Group LLC Phone #: (281) 684-0716

MLS: Houston #56950703

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