tomo logo

$219,000

Beds
1
Baths
1.0
sq ft
938

1711 Old Spanish Trl Unit 431, Houston, TX 77054

1711 Old Spanish Trl Unit 431

Houston, TX 77054

  • 80 days on market
    • Price drop $3,500↓
Introducing your urban oasis on the 4th floor of The Valencia – a stylish 1 bed, 1 bath condo boasting contemporary updates & a wealth of amenities. Step inside to discover new sleek laminate floors (2024) that flow seamlessly throughout w/ fresh paint (2024), creating an inviting & modern ambiance. This condo has been meticulously updated w/ water heater (2022), refrigerator (2022), microwave (2022), dishwasher (2022), stove (2022), recent sink, & even a recent water filtration system, ensuring both convenience & comfort for your lifestyle. Beyond the walls of your private retreat lies a world of luxury amenities. Take a dip in the pool/spa, host a barbecue in the grilling area, break a sweat in the gym, or unwind w/ friends in the clubhouse, complete w/ a billiard table. Plus, an on-site guard providing security. Located just moments from the Medical Center, NRG Stadium, Rice University, Metro Rail, shops, restaurants, & parks, this condo offers the ultimate in urban convenience.

Details

Property type

Condominium

Est. home value

$228,346

Lot size

Unknown

Price per sq ft

$234

Year built

2005

Annual property taxes

$4,021

Monthly HOA fee

$466

Price History

08/19/2024
Houston

Houston #80915330

Price change
$219,000
-1.57%
07/17/2024
Houston

Houston #80915330

Listed
$222,500
06/25/2024
Houston

Houston #33300808

Removed

Schools & Community

Neighborhood: 

Astrodome Area

Elementary school: 

ROBERTS ELEMENTARY SCHOOL (HOUSTON)

Middle school: 

CULLEN MIDDLE SCHOOL (HOUSTON)

High school: 

BELLAIRE 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

$63,771
Asking price
$219,000
Closing costs (~8% of asking)
-$17,520
Est. remaining loan balance
-$137,709
Cash to seller
$63,771

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

Seller’s Loan History

Lender

Independent Bank

Loan start date

July 2020

Original loan amount

$151,200

Est. remaining balance

$137,709

Interest rate

3.15%

Loan type

New Conventional, 30 year

Seller

Medha Narwankar

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: 10/05/2024 at 12:30 PM

Listing updated: 08/22/2024 at 10:02 AM

Listed by: Ronald Espinoza, Martha Turner Sotheby's International Realty Phone #: (713) 520-1981

MLS: Houston #80915330

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