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$555,000

Beds
4
Baths
2.5
sq ft
2,993

6131 Rachels Ct, Katy, TX 77494

6131 Rachels Ct

Katy, TX 77494

  • 43 days on market
Perfect location within a culdesac in Grand Lakes where you are close to major highways, walking trails, lakes, schools and shopping. Wood flooring throughout first floor. Many updates to this property ready for the next owner. Formal dining off the entry of the home. Spacious living room open to kitchen. Kitchen features center island, with granite counters, custom cabinets and stainless steel appliances. Lots of storage and built-ins in this home and generous sized rooms. Upstairs is a great game room! Home sits within a cul-de-sac for lots of area to play for the kids. Tennis courts and area pool are walking distance away! Roof is only 4 years old!!

Details

Property type

Single Family Residence

Est. home value

$490,740

Lot size

7,488 sq ft

Price per sq ft

$186

Year built

1998

Annual property taxes

$9,522

Monthly HOA fee

$95.83

Price History

08/23/2024
Houston

Houston #96243371

Listed
$555,000

Schools & Community

Elementary school: 

ALEXANDER ELEMENTARY SCHOOL (KATY)

Middle school: 

BECKENDORFF JUNIOR HIGH SCHOOL

High school: 

SEVEN LAKES 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

$331,122
Asking price
$555,000
Closing costs (~8% of asking)
-$44,400
Est. remaining loan balance
-$179,478
Cash to seller
$331,122

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

Seller’s Loan History

Lender

1St Alliance Mortgage Llc

Loan start date

October 2016

Original loan amount

$217,000

Est. remaining balance

$179,478

Interest rate

3.46%

Loan type

New Conventional, 30 year

Seller

Jayanthi P Nayak and Pandurang S Nayak

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: 10/06/2024 at 1:25 AM

Listing updated: 09/29/2024 at 3:13 PM

Listed by: Kathy Garrison, BHHS Karapasha Realty Phone #: (281) 944-3640

MLS: Houston #96243371

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