tomo logo

$900,000

Beds
3
Baths
3.5
sq ft
3,058

1201 Banks St, Houston, TX 77006

1201 Banks St

Houston, TX 77006

  • 13 days on market
Welcome to this stunning corner lot home. Upon entry, you'll be greeted by a gorgeous landscaped fenced garden under a canopy of majestic oaks, creating a serene retreat. The inviting foyer includes an elevator that services all the way to the 3rd floor. The downstairs ensuite can serve as a library or flex space. Upstairs, enjoy a spacious living area with a cozy fireplace. Windows frame the picturesque oak trees outside and built-in ceiling speakers provide surround sound on every floor. The kitchen showcases black granite countertops, bronze hardware and custom designer light fixtures. French doors add privacy and elegance. The cozy primary suite features a fireplace, high ceilings, fresh carpet, recessed lighting, and a newly remodeled primary bathroom with a soaking tub. Enjoy the proximity to your favorite shops and restaurants, the Museum District, Hermann Park, and Rice U, with easy access to 59 & 288.

Details

Property type

Townhouse

Est. home value

$629,698

Lot size

Unknown

Price per sq ft

$295

Year built

1998

Annual property taxes

$11,947

Price History

06/20/2024
Houston

Houston #72425847

Listed
$900,000
12/14/2020
Houston

Houston #10664632

Removed

Schools & Community

Neighborhood: 

University Place

Elementary school: 

POE ELEMENTARY SCHOOL

Middle school: 

LANIER MIDDLE SCHOOL

High school: 

LAMAR HIGH SCHOOL (HOUSTON)

School district: 

Houston

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

$423,763
Asking price
$900,000
Closing costs (~8% of asking)
-$72,000
Est. remaining loan balance
-$404,237
Cash to seller
$423,763

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

Seller’s Loan History

Lender

United Wholesale Mortgage

Loan start date

December 2020

Original loan amount

$438,500

Est. remaining balance

$404,237

Interest rate

2.81%

Loan type

New Conventional, 30 year

Seller

Gary Kilgore and Corey Kilgore

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
$835,000
3 bd
|
3.5 ba
|
2,950 sq ft
|
Townhouse

3507 Audubon Pl Unit B, Houston, TX 77006

Houston
$780,000
3 bd
|
3.5 ba
|
2,916 sq ft
|
Townhouse

1804 Prospect St, Houston, TX 77004

Houston
$799,000
3 bd
|
3.5 ba
|
2,294 sq ft
|
Townhouse

1832 Palm St, Houston, TX 77004

Status: Active

Tomo last checked: 07/03/2024 at 11:10 AM

Listing updated: 06/29/2024 at 2:14 PM

Listed by: Star Massing, Boulevard Realty Phone #: (713) 862-1600

MLS: Houston #72425847

Houston logo

Recently listed in Houston

$1,689,000|4 bd|3.5 ba|House
$245,000|4 bd|2.0 ba|House
$350,000|2 bd|2.0 ba|Townhouse
$254,900|4 bd|2.0 ba|House
$640,000|3 bd|3.5 ba|Townhouse
$375,000|5 bd|3.5 ba|House