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$324,800

Beds
2
Baths
1.0
sq ft
2,825

16401 Market St, Channelview, TX 77530

16401 Market St

Channelview, TX 77530

  • 307 days on market
    • Price drop $100↓
Multi-Income Property with old mechanic shop/business office and a Great Double Wide Mobile Home Located in a busy area. This could be converted into a restaurant or store. Lots of businesses on the street. Located just 1 small block from I-10. This corner lot has tons of possibilities. This area may allow an owner operator of a business to live on this lot, and operate their business. You will have a hard time finding a great opportunity like this anywhere else. There is an old gas station on the property that could be a mechanic shop or restaurant. Rent it out and pay your mortgage if you want. This is a large lot that is just under half an acre. Plenty of room for parking or truck storage. Owner will clean off the junk if needed. Old bus on property could be rented out too. Market street is very busy and will always be a hub of activity.

Details

Property type

Manufactured Home

Lot size

0.41 acres

Price per sq ft

$115

Year built

1940

Annual property taxes

$922

Price History

03/03/2024
Houston

Houston #61339670

Price change
$324,800
-0.03%
01/19/2024
Houston

Houston #61339670

Listed
$324,900
-8.48%
11/29/2023
Houston

Houston #37464066

Removed
$355,000

Schools & Community

Elementary school: 

DEZAVALA ELEMENTARY SCHOOL (CHANNELVIEW)

Middle school: 

JOHNSON JUNIOR HIGH

High school: 

CHANNELVIEW HIGH SCHOOL

School district: 

Channelview

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

S31 Tax Funding Llc

Loan start date

December 2023

Original loan amount

$0

Est. remaining balance

Not provided

Interest rate

7.79%

Loan type

Not Provided

Seller

Sherri Posey

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: 11/22/2024 at 6:00 PM

Listing updated: 11/04/2024 at 1:03 PM

Listed by: Jeffrey Lamb, eXp Realty, LLC Phone #: (888) 519-7431

MLS: Houston #61339670

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