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$324,000

Beds
3
Baths
2.5
sq ft
2,064

7218 Buchanan Dr, Richmond, TX 77469

7218 Buchanan Dr

Richmond, TX 77469

  • 56 days on market
    • Price drop $5,000↓
Imagine a place where every day feels like a retreat, a home where you can thrive and create beautiful memories. Welcome to this enchanting 3 bedroom, 2.5 bath home, nestled in the community of Tara in Richmond, TX. As you walk through the front door, you're greeted by the stunning modern luxury vinyl plank flooring, eliminating the need for carpets on the 1st floor. The open layout and expansive windows invite sunlight in every room, creating a bright and airy ambiance. As you venture into the backyard, you’ll discover your private paradise! An inviting pool for those hot summer days. Location important? Located just minutes from major highways, shopping centers, and dining, this home provides it all! Just a short stroll away, the elementary school and neighborhood park become an extension of your backyard.This home isn’t just a place to live; it’s a canvas for your family’s story. Schedule a tour today and see this beauty for yourself!

Details

Property type

Single Family Residence

Est. home value

$307,828

Lot size

6,199 sq ft

Price per sq ft

$157

Year built

1997

Annual property taxes

$5,379

Monthly HOA fee

$18.75

Price History

09/14/2024
Houston

Houston #4051362

Price change
$324,000
-1.52%
08/19/2024
Houston

Houston #4051362

Price change
$329,000
-3.24%
08/03/2024
Houston

Houston #4051362

Listed
$340,000

Schools & Community

Elementary school: 

VELASQUEZ ELEMENTARY SCHOOL

Middle school: 

READING JUNIOR HIGH SCHOOL

High school: 

GEORGE RANCH HIGH SCHOOL

School district: 

Lamar Consolidated

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

$121,066
Asking price
$324,000
Closing costs (~8% of asking)
-$25,920
Est. remaining loan balance
-$177,014
Cash to seller
$121,066

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

Seller’s Loan History

Lender

Nations Reliable Lending Llc

Loan start date

July 2019

Original loan amount

$196,278

Est. remaining balance

$177,014

Interest rate

4.06%

Loan type

FHA, 30 year

Seller

Cynthia Valentine

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: 09/28/2024 at 10:30 PM

Listing updated: 09/24/2024 at 1:59 PM

Listed by: Patricia Hurtado, Keller Williams Memorial Phone #: (713) 461-9393

MLS: Houston #4051362

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