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$300,000

Beds
3
Baths
3.0
sq ft
2,376

11110 Homestead Rd, Houston, TX 77016

11110 Homestead Rd

Houston, TX 77016

  • 334 days on market
Investor Special! Rare opportunity to acquire a versatile property with dual potential for income. Located on a high-visibility corner, this property includes a commercial storefront of Mohawk and Homestead Road, previously operated as a convenience store, ideal for retail, office space, or other business ventures. Additionally, it offers a separate, standalone building, formerly a successful daycare, which may be a tear down for a new purpose. With ample parking and excellent location, this property provides significant possibilities for both commercial and rental income. Perfect for investors looking to maximize returns in a thriving area. Don’t miss out on this prime investment opportunity!

Details

Property type

Single Family Residence

Lot size

0.79 acres

Price per sq ft

$127

Year built

1950

Annual property taxes

$6,355

Price History

11/14/2024
Houston

Houston #46506788

Price change
$300,000
+9.09%
11/14/2024
Houston

Houston #46506788

Listed
$275,000
05/10/2024
Houston

Houston #46506788

Pending
$275,000

Schools & Community

Neighborhood: 

East Little York - Homestead

Elementary school: 

SHADYDALE ELEMENTARY

Middle school: 

FOREST BROOK MIDDLE SCHOOL

High school: 

NORTH FOREST HIGH SCHOOL

School district: 

Houston

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

Dorothy M Giddens

Loan start date

March 1995

Original loan amount

$50,000

Est. remaining balance

Not provided

Interest rate

8.94%

Loan type

Assumption

Seller

Jim Tran and Helen Le

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: 11/15/2024 at 9:15 AM

Listing updated: 11/14/2024 at 8:43 AM

Listed by: Christopher Easley, Winhill Advisors - Kirby Phone #: (713) 574-3141

MLS: Houston #46506788

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