tomo logo

$480,000

Beds
4
Baths
3.5
sq ft
2,684

5311 Barleycorn Ln, Katy, TX 77494

5311 Barleycorn Ln

Katy, TX 77494

  • 60 days on market
    • Price drop $10,000↓
Welcome home to 5311 Barleycorn Lane in the highly sought after Seven Meadows community. Zoned to the exemplary SEVEN LAKES HIGH SCHOOL, this 4 bedroom, 3.5 bath floorplan offers ample space for comfortable living and entertainment. The formal dining room, home office and upstairs game room provide additional areas to entertain, work and play, while the open and bright living space, with a wall of windows, offers beautiful backyard views. The kitchen is a chef's dream, boasting stainless steel appliances, granite countertops, breakfast bar, and plenty of counter space for meal preparation. The generously sized primary bedroom includes a walk-in closet, private bath with separate shower and soaking tub, a luxurious retreat. Upstairs, the game room provides space for family fun, while 3 additional bedrooms ensure privacy for everyone. Fully fenced back yard offers privacy with lots of space for those weekend gatherings! Minutes from Grand Parkway and shopping at La Centerra. This is home

Details

Property type

Single Family Residence

Est. home value

$425,040

Lot size

5,998 sq ft

Price per sq ft

$179

Year built

2007

Annual property taxes

$6,708

Monthly HOA fee

$100

Price History

10/17/2024
Houston

Houston #68691603

Price change
$480,000
-2.04%
10/02/2024
Houston

Houston #68691603

Price change
$490,000
-2%
09/20/2024
Houston

Houston #68691603

Price change
$499,999
-2.91%

Schools & Community

Elementary school: 

HOLLAND ELEMENTARY SCHOOL (KATY)

Middle school: 

BECKENDORFF JUNIOR HIGH SCHOOL

High school: 

SEVEN LAKES HIGH SCHOOL

Community features: 

Tennis Court(s)

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

$143,890
Asking price
$480,000
Closing costs (~8% of asking)
-$38,400
Est. remaining loan balance
-$297,710
Cash to seller
$143,890

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

Seller’s Loan History

Lender

Tomo Mortgage Llc

Loan start date

December 2023

Original loan amount

$300,000

Est. remaining balance

$297,710

Interest rate

7.5%

Loan type

New Conventional, 30 year

Seller

Mudassir Mohammed

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: 11/05/2024 at 1:40 PM

Listing updated: 10/19/2024 at 2:08 PM

Listed by: Jamie McMartin, Compass RE Texas, LLC - Katy Phone #: (281) 751-3130

MLS: Houston #68691603

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