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$430,000

Beds
2
Baths
3.0
sq ft
1,212

1301 Pearson St, Houston, TX 77023

1301 Pearson St

Houston, TX 77023

  • 18 days on market
A rare opportunity to call this exceptional renovated, tenant occupied, income producing, home yours with all the bells and whistles in sought-after East End! Main house includes 2 beds/2 baths with detached finished out loft style garage apartment. (Sale not intended for owner occupancy***.) This home sits on a tree-lined street, sprawling professionally landscaped front-yard and low maintenance shared backyard with automatic driveway gate and secondary entrance for garage apartment. The main home includes chefs kitchen, seamless granite countertops, stainless steel appliances, bathroom retreat, gleaming hardwood floors found throughout, full-size utility room (appliances included), excess of natural light and transitional open layout. The detached garage apartment (with separate address) includes full kitchenette, full bath and plumbed for separate washer/dryer. Scheduled rent through July 2026 for main house and March 2025 for garage apartment. A hard to find turn key opportunity.

Details

Property type

Duplex

Est. home value

$473,910

Lot size

Unknown

Price per sq ft

$355

Year built

1935

Annual property taxes

$7,767

Price History

12/05/2024
Houston

Houston #7652863

Removed
12/05/2024
Houston

Houston #61467288

Listed
$430,000
10/08/2024
Houston

Houston #7652863

Listed
$430,000

Schools & Community

Neighborhood: 

Greater Eastwood

Elementary school: 

CAGE ELEMENTARY SCHOOL

Middle school: 

NAVARRO MIDDLE SCHOOL (HOUSTON)

High school: 

AUSTIN 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

$218,209
Asking price
$430,000
Closing costs (~8% of asking)
-$34,400
Est. remaining loan balance
-$177,391
Cash to seller
$218,209

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

Seller’s Loan History

Lender

Cmg Mortgage Inc

Loan start date

July 2020

Original loan amount

$195,500

Est. remaining balance

$177,391

Interest rate

3.18%

Loan type

New Conventional, 30 year

Seller

Jonathan Alfred Danforth

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: 12/22/2024 at 6:55 PM

Listing updated: 12/05/2024 at 4:03 AM

Listed by: Stephanie Pribble, Keller Williams Realty Metropolitan Phone #: (713) 621-8001

MLS: Houston #61467288

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