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$775,000

Beds
3
Baths
3.5
sq ft
2,884

1309 Malone St, Houston, TX 77007

1309 Malone St

Houston, TX 77007

  • 69 days on market
    • Price drop $15,000↓
Welcome to 1309 Malone St., a stunning 3-bedroom, 3.5-bath home in the heart of Rice Military. This three-story gem combines elegance and functionality with luxury finishes throughout. The first floor features a spacious two-car garage, a home office, and a third bedroom with access to a large backyard. The second floor boasts a chef’s kitchen with granite countertops, built-in stainless steel appliances, and a breakfast bar, perfect for casual dining. The open-concept dining area, framed by dark wood beams, flows into the living room with a step-down feature and access to a private balcony. On the third floor, the master suite offers a luxurious retreat with an en-suite bath, while the second bedroom provides ample space for guests or a home office. Wrought iron balusters and handrails add sophistication to the design. Located just minutes from Memorial Park, Buffalo Bayou, and a variety of dining and entertainment options, this home offers a perfect balance of style and convenience.

Details

Property type

Single Family Residence

Est. home value

$699,797

Lot size

2,500 sq ft

Price per sq ft

$269

Year built

2014

Price History

02/01/2025
Houston

Houston #46494685

Price change
$775,000
-1.9%
01/23/2025
Houston

Houston #46494685

Listed
$790,000

Schools & Community

Neighborhood: 

Washington Avenue Coalition - Memorial Park

Elementary school: 

MEMORIAL ELEMENTARY SCHOOL (HOUSTON)

Middle school: 

HOGG MIDDLE SCHOOL (HOUSTON)

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

$317,538
Asking price
$775,000
Closing costs (~8% of asking)
-$62,000
Est. remaining loan balance
-$395,462
Cash to seller
$317,538

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

Seller’s Loan History

Lender

On Q Financial Inc

Loan start date

April 2015

Original loan amount

$504,000

Est. remaining balance

$395,462

Interest rate

3.8%

Loan type

New Conventional, 30 year

Seller

Jeffrey S Whitney

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: 04/02/2025 at 7:35 PM

Listing updated: 02/01/2025 at 4:08 PM

Listed by: Alex Rezende, AroundTown Properties Inc Phone #: (713) 261-6900

MLS: Houston #46494685

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