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$5,000,000

Beds
Unknown
Baths
3.0
sq ft
4,549

7438 Wright Rd, Houston, TX 77041

7438 Wright Rd

Houston, TX 77041

  • 360 days on market
Looking for a property that can serve as your residence, business, and animal hub near the city? Look no further! This property covers over 5 acres without any restrictions and includes various structures. These structures consist of a main home that resembles a hill county retreat, a guest house, a warehouse garage with 3 overhead doors, a 6 horse stable, active dog kennels and runs, and a commercial office space with a separate entrance. Moreover, two separate commercial buildings are present on the property, along with covered carports and storage at the back. The property is equipped with a well and 5 commercial septic systems, and you can easily accommodate up to 6 horses. Although city utilities are not yet connected, they are available. Additionally, you will have easy access to Highway 290 and the Beltway.

Details

Property type

Single Family Residence

Est. home value

$4,983,238

Lot size

5.00 acres

Price per sq ft

$1,100

Year built

1972

Annual property taxes

$27,787

Price History

10/16/2023
Houston

Houston #61179089

Listed
$5,000,000

Schools & Community

Elementary school: 

HAIRGROVE ELEMENTARY SCHOOL

Middle school: 

TRUITT MIDDLE SCHOOL

High school: 

CYPRESS RIDGE HIGH SCHOOL

School district: 

Cypress-Fairbanks

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Jvh Intersets Inc

Loan start date

December 2019

Original loan amount

$140,000

Est. remaining balance

Not provided

Interest rate

3.69%

Loan type

Not Provided

Seller

Robert Scherer and Sandra Scherer

Lender

Tax Ease Funding Llc

Loan start date

May 2014

Original loan amount

$8,691

Est. remaining balance

$0

Interest rate

4.41%

Loan type

Not Provided, 3 year

Seller

Robert L Scherer and Sandra Lee Scherer

Lender

Donald Lee Moffitt Jr

Loan start date

February 1997

Original loan amount

$140,000

Est. remaining balance

Not provided

Interest rate

7.64%

Loan type

Not Provided

Seller

Robert Scherer

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: 10/05/2024 at 9:40 PM

Listing updated: 07/11/2024 at 12:53 PM

Listed by: Kevin Schamel, Coldwell Banker Realty - Greater Northwest Phone #: (281) 304-5900

MLS: Houston #61179089

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