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$229,900

Beds
3
Baths
2.0
sq ft
1,522

5506 Lynngate Dr, Spring, TX 77373

5506 Lynngate Dr

Spring, TX 77373

  • 6 days on market
Discover this well-maintained 3-bedroom, 2-bathroom home, ready for its new owners! Located in an established neighborhood, this home features a spacious living area with a cozy fireplace, a bright kitchen with ample cabinet space, and a dining area perfect for gatherings. The primary suite offers a private bath, while two additional bedrooms provide flexibility for family, guests, or a home office. Step outside to a generous backyard with plenty of room for outdoor activities. Conveniently situated near shopping, dining, and major highways, this home provides easy access to all that Spring has to offer. Don't miss out on this great opportunity—schedule your showing today!

Details

Property type

Single Family Residence

Est. home value

$217,266

Lot size

6,826 sq ft

Price per sq ft

$152

Year built

1978

Annual property taxes

$4,484

Price History

03/27/2025
Houston

Houston #74604044

Listed
$229,900

Schools & Community

Elementary school: 

ANDERSON ELEMENTARY SCHOOL (SPRING)

Middle school: 

DUEITT MIDDLE SCHOOL

High school: 

SPRING HIGH SCHOOL

School district: 

Spring

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

$178,317
Asking price
$229,900
Closing costs (~8% of asking)
-$18,392
Est. remaining loan balance
-$33,191
Cash to seller
$178,317

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

Seller’s Loan History

Lender

Freedom Mortgage Corp

Loan start date

May 2008

Original loan amount

$50,648

Est. remaining balance

$33,191

Interest rate

6.13%

Loan type

FHA, 30 year

Seller

Chad Pennington

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?

Status: Active

Tomo last checked: 04/03/2025 at 10:40 AM

Listing updated: 03/28/2025 at 4:06 AM

Listed by: Alex Johnson, Atlas Real Estate of Texas, LLC Phone #: (281) 404-5250

MLS: Houston #74604044

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