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$662,048Estimated home value

Beds
3
Baths
2.5
sq ft
2,400

5526 Lincrest Ln, Houston, TX 77056

5526 Lincrest Ln

Houston, TX 77056

  • Off market
    • Price drop $15,000↓
Don't miss this amazing opportunity to own an updated home in the highly sought after neighborhood of Larchmont. This charming single story home has three bedrooms and 2.5 baths. The home has been thoughtfully renovated with a fully modern kitchen, five burner gas cooktop, large island with plenty of seating, and views of the amazing private backyard oasis. Bamboo floors throughout the home, new roof shingles in 2023, updated windows throughout the home, fully fenced in backyard and extra storage shed. Large living room, dining area with butlers pantry perfect as a coffee bar or wine space. Oversized flex room that can be used as a study, play room, or formal dining room. Primary suite with large shower and luxurious walk-in closet, two additional bedrooms with a shared bath, and an additional pool bathroom.

Details

Property type

Single Family Residence

Est. home value

$662,048

Lot size

7,492 sq ft

Price per sq ft

$317

Year built

1950

Monthly HOA fee

$12.5

Price History

09/30/2024
Houston

Houston #80528188

Removed
07/29/2024
Houston

Houston #80528188

Price change
$760,000
-1.94%
05/23/2024
Houston

Houston #80528188

Listed
$775,000

Schools & Community

Neighborhood: 

Greater Uptown

Elementary school: 

SCHOOL AT ST GEORGE PLACE

Middle school: 

TANGLEWOOD MIDDLE SCHOOL

High school: 

WISDOM HIGH SCHOOL

School district: 

Houston

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

$465,757
Asking price
$760,000
Closing costs (~8% of asking)
-$60,800
Est. remaining loan balance
-$233,443
Cash to seller
$465,757

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

Seller’s Loan History

Lender

Academy Mortgage Corp

Loan start date

August 2021

Original loan amount

$250,000

Est. remaining balance

$233,443

Interest rate

3.02%

Loan type

New Conventional, 30 year

Seller

Carole Lee Lee

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: Off Market

Tomo last checked: 10/04/2024 at 6:30 PM

Listing updated: 09/29/2024 at 4:12 PM

Listed by: Dawn Beltrami, Walzel Properties - Corporate Office Phone #: (832) 674-4960

MLS: Houston #80528188

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