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$175,000

Beds
1
Baths
1.0
sq ft
737

2016 Main St Unit 917, Houston, TX 77002

2016 Main St Unit 917

Houston, TX 77002

  • 22 days on market
Great Investment Opportunity! Discover this charming 1-bedroom condo in the vibrant heart of Midtown Houston, an ideal choice for savvy investors. This cozy and stylish residence offers the perfect blend of comfort and convenience. Highlights include a sunlit bedroom, a modern kitchen with stainless steel appliances, and a spacious living area perfect for relaxation and entertainment. Enjoy city views from living room and bedroom balcony. The building features a fitness center and pool for residents. Prime location, with Midtown's dining, entertainment, and transportation options just steps away. The upcoming downtown park being built on top of the 45 freeway will add even more green space and recreational opportunities, further boosting property values in the area. Don’t miss this chance to invest in the heart of Midtown Houston—an area poised for growth and development.

Details

Property type

Condominium

Est. home value

$185,804

Lot size

Unknown

Price per sq ft

$238

Year built

1965

Annual property taxes

$3,761

Monthly HOA fee

$700

Price History

06/10/2024
Houston

Houston #38781447

Listed
$175,000
04/17/2020
Houston

Houston #87050270

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

$39,336
Asking price
$175,000
Closing costs (~8% of asking)
-$14,000
Est. remaining loan balance
-$121,664
Cash to seller
$39,336

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

Seller’s Loan History

Lender

Gateway First Bank

Loan start date

April 2020

Original loan amount

$133,000

Est. remaining balance

$121,664

Interest rate

3.45%

Loan type

New Conventional, 30 year

Seller

Isidro C Espinoza and Ma A Espinoza

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: 07/03/2024 at 11:15 AM

Listing updated: 06/15/2024 at 6:43 PM

Listed by: Elisa Gonzalez, Keller Williams Realty Professionals Phone #: (281) 444-3900

MLS: Houston #38781447

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