tomo logo

$130,000

Beds
2
Baths
1.0
sq ft
729

1202 Gregg St, Houston, TX 77020

1202 Gregg St

Houston, TX 77020

  • 61 days on market
A must see property! Investment opportunity! Schedule your showing today! Located in the central Houston Downtown area. Great opportunity at a great price. This property has a lot of potential. Entertaining serious buyers only, must be the actual end buyer and not wholesaler.

Details

Property type

Single Family Residence

Est. home value

$151,322

Lot size

2,727 sq ft

Price per sq ft

$179

Year built

1930

Annual property taxes

$2,337

Price History

09/08/2024
Houston

Houston #55896948

Listed
$130,000
02/09/2024
Houston

Houston #89695224

Removed
01/08/2024
Houston

Houston #89695224

Listed
$125,000

Schools & Community

Neighborhood: 

Greater Fifth Ward

Elementary school: 

BRUCE ELEMENTARY SCHOOL

Middle school: 

FLEMING MIDDLE SCHOOL

High school: 

WHEATLEY HIGH SCHOOL

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

$78,462
Asking price
$130,000
Closing costs (~8% of asking)
-$10,400
Est. remaining loan balance
-$41,138
Cash to seller
$78,462

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

Seller’s Loan History

Lender

Markman Humphries Inc

Loan start date

May 2012

Original loan amount

$57,230

Est. remaining balance

$41,138

Interest rate

3.88%

Loan type

Not Provided, 30 year

Seller

Nolbia Lisseth Ordonez Martinez and Edgar Osmin Avilez

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
$139,950
2 bd
|
1 ba
|
1,374 sq ft
|
House

3207 Florida St, Houston, TX 77026

Price drop
Houston
$149,000
2 bd
|
1 ba
|
928 sq ft
|
House

5119 Tremper St, Houston, TX 77020

Houston
$144,999
2 bd
|
1 ba
|
1,056 sq ft
|
House

2222 Hogg St, Houston, TX 77026

Status: Active

Tomo last checked: 11/09/2024 at 10:45 AM

Listing updated: 09/09/2024 at 4:03 AM

Listed by: Daniel Pina, City Group Properties Phone #: (713) 489-9453

MLS: Houston #55896948

Houston logo

Recently listed in Houston

$320,000|3 bd|2.5 ba|Townhouse
$350,000|4 bd|2.5 ba|House
$365,000|3 bd|2.0 ba|House
$229,900|4 bd|2.0 ba|House
$384,800|3 bd|2.0 ba|House
$299,000|4 bd|2.5 ba|House
$669,999|3 bd|2.5 ba|House
$249,900|4 bd|2.0 ba|House