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$171,500

Beds
1
Baths
1.0
sq ft
579

1602 Elgin St Unit 5, Houston, TX 77004

1602 Elgin St Unit 5

Houston, TX 77004

  • 10 days on market
This property is available for sale 172k or lease $1600/ month.  Living area features Concrete floors with top/bottom window shades on all windows. Beautiful seeded glass cabinets with accent lighting and Large Breakfast bar. Ceiling fans in living rm  and bedroom.  With a Comfy and efficient Nest system. Kitchen features Granite countertops, large single stainless sink, gas cooking and built in microwave.  Beautiful maple cabinets w seeded glass and lights. Bathroom features jetted tub w large vanity, granite countertop and stainless sink. Lots of cabinet storage. Large mirror w built in medicine cabinet. Laundry features full size front loading washer and dryer. Large patio w turf and security gates.

Details

Property type

Condominium

Est. home value

$187,075

Lot size

Unknown

Price per sq ft

$297

Year built

2004

Annual property taxes

$3,588

Monthly HOA fee

$154

Price History

02/12/2025
Houston

Houston #26816818

Listed
$171,500
05/08/2019
Houston

Houston #25345624

Removed

Schools & Community

Neighborhood: 

Midtown

Elementary school: 

GREGORY-LINCOLN ELEMENTARY SCHOOL

Middle school: 

GREGORY-LINCOLN MIDDLE SCHOOL

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

$34,767
Asking price
$171,500
Closing costs (~8% of asking)
-$13,720
Est. remaining loan balance
-$123,013
Cash to seller
$34,767

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

Seller’s Loan History

Lender

Iberiabank

Loan start date

May 2019

Original loan amount

$137,750

Est. remaining balance

$123,013

Interest rate

4.28%

Loan type

New Conventional, 30 year

Seller

Herbert Leonard Grant Jr

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: 02/22/2025 at 11:40 AM

Listing updated: 02/13/2025 at 4:04 AM

Listed by: Tracey Richardson, TRichardson, Realtors Phone #: (281) 706-5938

MLS: Houston #26816818

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