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$1,075,000

Beds
5
Baths
3.5
sq ft
4,805

8910 Water Crest Trl, Richmond, TX 77469

8910 Water Crest Trl

Richmond, TX 77469

  • 52 days on market
    • Price drop $24,000↓
Gorgeous waterfront home situated on just under an acre in the exclusive community of Royal Lakes Estates. Backyard paradise awaits w/an infinity edge pool & spa w/dual rock waterfalls, a large covered flagstone patio & a spiral staircase that leads to the upper balcony, all overlooking the serene lake. The home boasts an expansive layout w/impressive updates throughout & picturesque lake views. Double front doors open to the spacious living spaces with soaring ceilings & abundant natural light. The kitchen is equipped with double ovens, a professional grade gas cooktop, a center island & ample cabinet space. The luxurious primary suite has a sitting room, fireplace & large bath with dual walk-in closets. Upstairs gameroom has sliding french doors that open to the balcony. Updates since 2022 include new windows, roof, flooring, LED adjustable lighting, surround sound, many pool upgrades including the installation of a chiller, driveway extension & so much more!

Details

Property type

Single Family Residence

Est. home value

$848,029

Lot size

0.96 acres

Price per sq ft

$224

Year built

2000

Annual property taxes

$11,326

Monthly HOA fee

$93.17

Price History

11/06/2024
Houston

Houston #47937882

Price change
$1,075,000
-2.18%
10/01/2024
Houston

Houston #47937882

Listed
$1,099,000
08/27/2024
Houston

Houston #55616709

Removed

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

$366,808
Asking price
$1,075,000
Closing costs (~8% of asking)
-$86,000
Est. remaining loan balance
-$622,192
Cash to seller
$366,808

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

Seller’s Loan History

Lender

Amcap Mortgage Ltd

Loan start date

June 2022

Original loan amount

$645,600

Est. remaining balance

$622,192

Interest rate

5.11%

Loan type

New Conventional, 30 year

Seller

Jesse Cole Veron and Renee Firmin Veron

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: 11/22/2024 at 8:05 PM

Listing updated: 11/06/2024 at 2:18 PM

Listed by: Jimmy Franklin, eXp Realty LLC Phone #: (888) 519-7431

MLS: Houston #47937882

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