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$320,000

Beds
3
Baths
2.5
sq ft
2,408

20215 Rio Villa Dr, Houston, TX 77049

20215 Rio Villa Dr

Houston, TX 77049

  • 78 days on market
Discover a TROPICAL PARADISE on the San Jacinto River at this 3-bed, 2-bath home on 20215 Rio Villa. Enjoy the serene river life with a separate balcony, open concept living, and ample parking for boats and vehicles. This property is ripe for a revitalizing rehab, ideal for savvy investors looking to capitalize on its strategic location and stunning views. With 2408 sqft of living space and a 9780 sqft lot, this home presents immense potential for creating a tailored short-term rental space. Don't miss out on this opportunity to unlock the true value of this riverside gem.

Details

Property type

Single Family Residence

Est. home value

$319,960

Lot size

9,779 sq ft

Price per sq ft

$133

Year built

1980

Annual property taxes

$5,206

Price History

09/06/2024
Houston

Houston #48406244

Listed
$320,000
12/15/2023
Houston

Houston #39629279

Removed
08/17/2023
Houston

Houston #39629279

Listed
$320,000

Schools & Community

Elementary school: 

SHELDON ELEMENTARY SCHOOL

Middle school: 

MICHAEL R. NULL MIDDLE SCHOOL

High school: 

CE KING HIGH SCHOOL

School district: 

Sheldon

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

$125,235
Asking price
$320,000
Closing costs (~8% of asking)
-$25,600
Est. remaining loan balance
-$169,165
Cash to seller
$125,235

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

Seller’s Loan History

Lender

Waterstone Mortgage Corp

Loan start date

March 2017

Original loan amount

$199,700

Est. remaining balance

$169,165

Interest rate

4.09%

Loan type

New Conventional, 30 year

Seller

Justin C Zwick and Mary K Zwick

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: 11/23/2024 at 2:55 PM

Listing updated: 09/28/2024 at 4:13 PM

Listed by: Jeannette Pena, JLA Realty Phone #: (713) 489-8130

MLS: Houston #48406244

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