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$298,000

Beds
4
Baths
2.5
sq ft
2,230

523 Road 5138, Cleveland, TX 77327

523 Road 5138

Cleveland, TX 77327

  • 308 days on market
Welcome to 523 Road 5138, a charming property in Cleveland, TX! This spacious home offers 4 bedrooms & 2.5 bathrooms, providing a comfortable & versatile living space .Step inside to discover an open and inviting living area, filled with natural light. The modern kitchen is equipped with all the essentials, including ample cabinet space and modern appliances. The primary bedroom is a cozy retreat, featuring an en-suite bathroom for added convenience. The remaining three bedrooms are perfect for family members or guests, & a second full bathroom accommodates their needs. The half-acre lot offers potential for gardening, outdoor entertaining, or simply enjoying the Texas outdoors. With its tranquil surroundings, this property provides a peaceful escape while remaining within reach of Cleveland's amenities. Don't miss the chance to make this spacious and well-located property your new home!

Details

Property type

Single Family Residence

Est. home value

$300,490

Lot size

0.45 acres

Price per sq ft

$134

Year built

2023

Annual property taxes

$1,294

Monthly HOA fee

$11.67

Price History

01/19/2024
Houston

Houston #9908902

Removed
01/19/2024
Houston

Houston #2644555

Listed
$298,000
10/28/2023
Houston

Houston #9908902

Price change
$298,000
-1.65%

Schools & Community

Elementary school: 

COTTONWOOD SCHOOL (CLEVELAND)

Middle school: 

SANTA FE MIDDLE SCHOOL

High school: 

CLEVELAND HIGH SCHOOL

School district: 

Cleveland

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

$12,402
Asking price
$298,000
Closing costs (~8% of asking)
-$23,840
Est. remaining loan balance
-$261,758
Cash to seller
$12,402

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

Seller’s Loan History

Lender

Spero Mortgage Llc

Loan start date

January 2023

Original loan amount

$267,400

Est. remaining balance

$261,758

Interest rate

6.49%

Loan type

New Conventional, 30 year

Seller

Fernando Cruz Olazaran and Olga Liliana Martinez Avila

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 6:15 PM

Listing updated: 10/09/2024 at 12:42 PM

Listed by: Kimberly Stephens, RE/MAX 5 Star Realty Phone #: (832) 447-7653

MLS: Houston #2644555

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