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$4,999,800

Beds
6
Baths
6.0
sq ft
13,513

5219 Cook Ln, Sugar Land, TX 77479

5219 Cook Ln

Sugar Land, TX 77479

  • 9 days on market
YOU CAN HAVE IT ALL! INCREDIBLE OPPORTUNITY to own this nearly 6 ACRE luxury ranch estate in the HEART OF SUGAR LAND! Enjoy the LUXURY ACREAGE LIFESTYLE with all the conveniences of city living! The estate has a gorgeous front elevation w/large circle driveway & porte cochere. Double doors lead to a dramatic entry with open concept living! Beautifully updated kitchen with oversized island, Brazilian granite counter tops & high end stainless steel appliances. Incredible primary retreat w/separate living space, fireplace, spa-like primary bath w/high end finishes & steam shower. This estate has so much to offer; indoor sports court, media room downstairs, gym, multiple living areas, all bedrooms downstairs, horse & animal barn, private fishing pond, sauna, incredible pool & hot tub, and plenty of land! Horses allowed! FANTASTIC SCHOOLS! Ultra low tax rate - ask about potential for AG exemption! New owner could probably subdivide the property if desired. Call the Aida Younis Team today!

Details

Property type

Single Family Residence

Est. home value

$1,517,741

Lot size

5.80 acres

Price per sq ft

$370

Year built

2002

Annual property taxes

$37,702

Price History

11/13/2024
Houston

Houston #61962772

Listed
$4,999,800
03/18/2022
Houston

Houston #39089927

Removed

Schools & Community

Elementary school: 

SULLIVAN ELEMENTARY SCHOOL (FORT BEND)

Middle school: 

FORT SETTLEMENT MIDDLE SCHOOL

High school: 

ELKINS 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

$3,727,914
Asking price
$4,999,800
Closing costs (~8% of asking)
-$399,984
Est. remaining loan balance
-$871,902
Cash to seller
$3,727,914

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

Seller’s Loan History

Lender

Bancorpsouth Bank

Loan start date

March 2022

Original loan amount

$920,000

Est. remaining balance

$871,902

Interest rate

3.55%

Loan type

New Conventional, 30 year

Seller

Jacob M Karam and Donna S Karam

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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House

5 Cypress Valley Ct, Sugar Land, TX 77479

Status: Active

Tomo last checked: 11/22/2024 at 9:35 PM

Listing updated: 11/14/2024 at 4:03 AM

Listed by: Sammy Younis, RE/MAX Southwest Phone #: (281) 491-1776

MLS: Houston #61962772

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