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$248,500

Beds
3
Baths
2.0
sq ft
1,456

5331 King Richard Dr, Katy, TX 77493

5331 King Richard Dr

Katy, TX 77493

  • 68 days on market
Don’t miss out on this great home located in Old Katy. Ceiling fans in rooms, tile and laminate flooring throughout. Located near major highways easy commute. Katy ISD schools.

Details

Property type

Single Family Residence

Est. home value

$253,072

Lot size

6,299 sq ft

Price per sq ft

$171

Year built

1978

Annual property taxes

$5,056

Monthly HOA fee

$10

Price History

09/07/2024
Houston

Houston #51066117

Listed
$248,500

Schools & Community

Elementary school: 

HUTSELL ELEMENTARY SCHOOL

Middle school: 

KATY JUNIOR HIGH SCHOOL

High school: 

KATY 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

$188,663
Asking price
$248,500
Closing costs (~8% of asking)
-$19,880
Est. remaining loan balance
-$39,957
Cash to seller
$188,663

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

Seller’s Loan History

Lender

Bank Of America Na

Loan start date

December 2004

Original loan amount

$74,200

Est. remaining balance

$39,957

Interest rate

5.76%

Loan type

Not Provided, 30 year

Seller

Manuel Chacon Hernandez and Deysi A Tejada

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 11:55 PM

Listing updated: 09/08/2024 at 4:03 AM

Listed by: Jack McLemore, ListingResults.com Phone #: (800) 433-5206

MLS: Houston #51066117

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