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$2,250,000

Beds
5
Baths
6.0
sq ft
5,646

7411 Palmetto Springs Trl, Katy, TX 77493

7411 Palmetto Springs Trl

Katy, TX 77493

  • 35 days on market
Absolutely stunning home situated on 3/4 an acre in The Estates, a gated section in Cane Island. Expertly crafted by the renowned Jeff Paul Custom Homes, this home's open floor plan showcases high-end white oak wood floors, grand vaulted and beamed ceilings, plantation shutters, and expansive windows that flood the space with natural light. The professionally appointed kitchen boasts top-of-the-line Thermadore appliances. TWO BEDROOMS ON THE MAIN LEVEL - primary suite and a guest suite. Two game rooms (one on each floor), media room and three bedrooms with ensuite baths upstairs. Secure street pantry in the 3-car garage for seamless home deliveries, complemented by a cobblestone driveway. Outdoor entertainment is a dream with a sparkling pool and spa, and a spacious pavilion that features an inviting summer kitchen and a cozy fireplace. Don't miss this amazing opportunity to own this exquisite home - schedule a viewing today!

Details

Property type

Single Family Residence

Est. home value

$1,648,887

Lot size

0.74 acres

Price per sq ft

$399

Year built

2017

Annual property taxes

$39,116

Monthly HOA fee

$212.67

Price History

05/31/2024
Houston

Houston #52216765

Listed
$2,250,000
01/04/2021
Houston

Houston #51912512

Removed

Schools & Community

Elementary school: 

ROBERTSON ELEMENTARY SCHOOL (KATY)

Middle school: 

KATY JUNIOR HIGH SCHOOL

High school: 

KATY HIGH SCHOOL

Community features: 

Tennis Court(s)

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

$1,570,355
Asking price
$2,250,000
Closing costs (~8% of asking)
-$180,000
Est. remaining loan balance
-$499,645
Cash to seller
$1,570,355

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

Seller’s Loan History

Lender

Crestmark Mortgage Company Ltd

Loan start date

January 2021

Original loan amount

$541,468

Est. remaining balance

$499,645

Interest rate

2.72%

Loan type

New Conventional, 30 year

Seller

Edward Milburn and Catherine Emma Phillips

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?

Similar Homes Nearby

Houston
$2,100,000
5 bd
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5 ba
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4,999 sq ft
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House

163 August Lakes Dr, Katy, TX 77493

Status: Active

Tomo last checked: 07/05/2024 at 9:00 PM

Listing updated: 06/10/2024 at 11:04 AM

Listed by: Christopher Johns, Redfin Corporation Phone #: (832) 529-2983

MLS: Houston #52216765

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