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$475,000

Beds
3
Baths
2.0
sq ft
1,416

71 Prescott Dr, New Waverly, TX 77358

71 Prescott Dr

New Waverly, TX 77358

  • 5 days on market
New Contruction Modern Farmhouse situated on over 4 acres with a private pond! Located just minutes away from New Waverly and Willis, this home will boast an open-concept floor plan with high-end finishes, designed with style, comfort and efficiency in mind. Perfect for both or entertaining. The oversized 900 sqft covered front porch is perfect for relaxing with a morning coffee, enjoying sunset views, or hosting friends and family. This property surrounds you with nature, woods and wildlife. Enjoy the freedom of space and privacy on the 4+ acres. This unrestricted property outdoor recreation or personal projects and offers an endless amount of possibilities. Approximate completion date of March 2025.

Details

Property type

Single Family Residence

Est. home value

$149,967

Property condition

New Construction
Under Construction

Lot size

4.28 acres

Price per sq ft

$336

Year built

2025

Annual property taxes

$2,929

Price History

01/10/2025
Houston

Houston #59346981

Listed
$475,000
11/22/2024
Houston

Houston #97631031

Removed
10/24/2024
Houston

Houston #97631031

Pending
$199,999

Schools & Community

Elementary school: 

NEW WAVERLY ELEMENTARY SCHOOL

Middle school: 

NEW WAVERLY JUNIOR HIGH SCHOOL

High school: 

NEW WAVERLY HIGH SCHOOL

School district: 

New Waverly

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

$319,166
Asking price
$475,000
Closing costs (~8% of asking)
-$38,000
Est. remaining loan balance
-$117,834
Cash to seller
$319,166

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

Seller’s Loan History

Lender

Veterans Land Board Of The State Of Tx

Loan start date

July 2023

Original loan amount

$119,920

Est. remaining balance

$117,834

Interest rate

6.39%

Loan type

VA, 30 year

Seller

Markus Palomo and Heather Standridge

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: 01/16/2025 at 10:00 AM

Listing updated: 01/15/2025 at 1:43 PM

Listed by: Michael McGinnis, Coldwell Banker Realty - Lake Conroe/Willis Phone #: (936) 228-0000

MLS: Houston #59346981

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