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$408,000

Beds
2
Baths
2.0
sq ft
1,190

1517 Colorado St, Houston, TX 77007

1517 Colorado St

Houston, TX 77007

  • <1 day on market
FANTASTIC PRICE! - Get into the FIRST WARD neighborhood with this STARTER HOME or INVESTMENT OPPORTUNITY! Cozy 2 bed / 2 bath bungalow - recently renovated in 2020 (all info per Seller) - NEW electric, water, sewer, HVAC, water heater, doors, windows (blinds installed) + paint! Granite counters in kitchen. Stainless steel appliances + washer / dryer will convey. Double wide front porch, multiple French doors throughout, off street parking and on an EXTRA WIDE dead end street - less car / pedestrian traffic! Train is NO HONK / QUIET ZONE! Located within ARTS DISTRICT HOUSTON - walk to hundreds of artist studios + art activities! Close to Downtown Houston, Washington Avenue, the Heights, Buffalo Bayou Park, Memorial Drive and all major freeways. FOUR BLOCKS to Hike & Bike TRAIL! Home was previously used as AirBnb - ask for more info

Details

Property type

Single Family Residence

Est. home value

$432,733

Lot size

2,500 sq ft

Price per sq ft

$343

Year built

1920

Annual property taxes

$8,261

Price History

01/12/2025
Houston

Houston #66048583

Listed
$408,000
06/06/2024
Houston

Houston #62260986

Removed
05/30/2024
Houston

Houston #62260986

Price change
$419,000
-1.18%

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

-$16,446
Asking price
$408,000
Closing costs (~8% of asking)
-$32,640
Est. remaining loan balance
-$391,806
Cash to seller
-$16,446

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

November 2022

Original loan amount

$401,135

Est. remaining balance

$391,806

Interest rate

6.7%

Loan type

New Conventional, 30 year

Seller

Andres Neftaly Zelaya and Nancy Yadira Zelaya

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: 01/12/2025 at 8:20 PM

Listing updated: 01/12/2025 at 1:48 PM

Listed by: Pei Lin Chong, Walzel Properties - Corporate Office Phone #: (832) 674-4960

MLS: Houston #66048583

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