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$580,000

Beds
3
Baths
3.5
sq ft
2,181

1506 Colorado St, Houston, TX 77007

1506 Colorado St

Houston, TX 77007

  • <1 day on market
Welcome to this stunning 3-story gated townhome in Houston's First Ward/Art District. Natural light floods the spacious living area and kitchen on the second floor, creating a warm and inviting atmosphere. The guest rooms are versatile and perfect for hosting visitors or creating a home office, fitness room, or playroom. With a big closet and ample natural light, the primary bedroom offers a private retreat within the home. Located near The Heights, Midtown, Downtown, and Montrose, this property provides easy access to dining, nightlife, and entertainment. Don't miss out on this rare find!

Details

Property type

Single Family Residence

Est. home value

$469,280

Lot size

1,651 sq ft

Price per sq ft

$266

Year built

2011

Annual property taxes

$9,196

Price History

02/27/2025
Houston

Houston #13844892

Listed
$580,000
12/04/2020
Houston

Houston #65167358

Removed

Schools & Community

Neighborhood: 

Washington Avenue Coalition - Memorial Park

Elementary school: 

CROCKETT ELEMENTARY SCHOOL (HOUSTON)

Middle school: 

HOGG MIDDLE SCHOOL (HOUSTON)

High school: 

HEIGHTS 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

$178,050
Asking price
$580,000
Closing costs (~8% of asking)
-$46,400
Est. remaining loan balance
-$355,550
Cash to seller
$178,050

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

$392,400

Est. remaining balance

$355,550

Interest rate

2.81%

Loan type

New Conventional, 30 year

Seller

Michael Larimore and Jennifer E Larimore

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?

Status: Active

Tomo last checked: 02/27/2025 at 2:25 PM

Listing updated: 02/27/2025 at 11:08 AM

Listed by: Megan Garza, Nan & Company Properties Phone #: (713) 714-6454

MLS: Houston #13844892

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