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$799,000

Beds
3
Baths
2.5
sq ft
2,514

1905 Avenue D, Katy, TX 77493

1905 Avenue D

Katy, TX 77494

  • 140 days on market
A One Of A Kind Home. 1+ acre lot that could be subdivided or rezoned to Commercial. Incredible location in the heart of Katy — minutes from Katy Mills, Katy Boardwalk District, City Hall, and the new HEB opening up in 2024. A home filled with natural light, and thoughtfully updated with a new roof, flooring, paint, plumbing, electrical, and new appliances! The built-in bar is designed for entertaining and making lasting memories. Incredibly rare to find all this on a 1+ acre lot with so many possibilities — Subdivide, Rezone to Commercial, or enjoy the beautiful home and keep the entire acre for personal use (buyer to verify all subdivision or rezoning with city of katy). Low Taxes, No HOA, No MUD, and Never flooded!

Details

Property type

Single Family Residence

Est. home value

$460,946

Lot size

Unknown

Price per sq ft

$318

Year built

1950

Price History

02/16/2024
Houston

Houston #23546624

Listed
$799,000
05/22/2023
Houston

Houston #39378526

Removed

Schools & Community

Elementary school: 

KATY ELEMENTARY SCHOOL

Middle school: 

KATY JUNIOR HIGH SCHOOL

High school: 

KATY HIGH SCHOOL

School district: 

Katy

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

$409,257
Asking price
$799,000
Closing costs (~8% of asking)
-$63,920
Est. remaining loan balance
-$325,823
Cash to seller
$409,257

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

Seller’s Loan History

Lender

Aspire Home Loans Llc

Loan start date

May 2023

Original loan amount

$330,000

Est. remaining balance

$325,823

Interest rate

6.28%

Loan type

New Conventional, 30 year

Seller

Vikas Chaudhary and Anjali Chaudhary

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: 07/05/2024 at 8:05 PM

Listing updated: 02/17/2024 at 4:17 AM

Listed by: ViraJ Chaudhary, CENTURY 21 Western Realty, Inc Phone #: (281) 392-9272

MLS: Houston #23546624

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