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$1,175,000

Beds
3
Baths
2.5
sq ft
3,340

2109 Sheridan St, Houston, TX 77030

2109 Sheridan St

Houston, TX 77030

  • 1 day on market
Discover a fantastic investment opportunity with this income-producing duplex located in the heart of the Medical Center and just minutes from Rice University. • Property Highlights: • Unit Configuration: 3 Bedrooms, 2 Bathrooms per unit • Tenant Occupied: Immediate income stream • Location: Prime proximity to the Medical Center, Rice University, dining, and shopping • Potential: Ideal for investors or owner-occupants seeking additional rental income This property offers unmatched convenience and excellent rental demand, with its sought-after location attracting professionals, students, and families alike. Whether you’re an experienced investor or just starting, this duplex is the perfect opportunity to expand your portfolio in a high-demand area.

Details

Property type

Duplex

Est. home value

$903,154

Lot size

6,617 sq ft

Price per sq ft

$352

Year built

1950

Annual property taxes

$14,194

Price History

12/22/2024
Houston

Houston #5516562

Listed
$1,175,000
12/22/2024
Houston

Houston #5516562

Removed
12/21/2024
Houston

Houston #5516562

Listed
$1,175,000

Schools & Community

Neighborhood: 

University Place

Elementary school: 

ROBERTS ELEMENTARY SCHOOL (HOUSTON)

Middle school: 

PERSHING 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

$460,493
Asking price
$1,175,000
Closing costs (~8% of asking)
-$94,000
Est. remaining loan balance
-$620,507
Cash to seller
$460,493

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

Seller’s Loan History

Lender

Rocket Mortgage Llc

Loan start date

May 2022

Original loan amount

$650,250

Est. remaining balance

$620,507

Interest rate

4.16%

Loan type

New Conventional, 30 year

Seller

Santhosshi Narayanan and Muniraju Nagamma Harish Kumar

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: 12/22/2024 at 8:00 PM

Listing updated: 12/22/2024 at 2:38 PM

Listed by: James Oolut, National Realty Company Phone #: (281) 242-4005

MLS: Houston #5516562

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