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$195,000

Beds
3
Baths
2.0
sq ft
1,579

22507 Parsonsgate Dr, Spring, TX 77373

22507 Parsonsgate Dr

Spring, TX 77373

  • 24 days on market
    • Price drop $4,000↓
This is an income producing property, with a multi-year tenant that has just recently renewed their lease. It is a great opportunity for and investor that just wants to buy a rent property and watch their money work for a while.

Details

Property type

Single Family Residence

Est. home value

$225,528

Lot size

6,599 sq ft

Price per sq ft

$124

Year built

1978

Annual property taxes

$4,856

Price History

11/12/2024
Houston

Houston #8228673

Listed
$195,000
11/03/2024
Houston

Houston #8228673

Pending
$195,000
10/21/2024
Houston

Houston #8228673

Price change
$195,000
-2.01%

Schools & Community

Elementary school: 

ANDERSON ELEMENTARY SCHOOL (SPRING)

Middle school: 

DUEITT MIDDLE SCHOOL

High school: 

SPRING HIGH SCHOOL

School district: 

Spring

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

$87,091
Asking price
$195,000
Closing costs (~8% of asking)
-$15,600
Est. remaining loan balance
-$92,309
Cash to seller
$87,091

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

Seller’s Loan History

Lender

Amk Financial Corporation

Loan start date

August 2018

Original loan amount

$103,920

Est. remaining balance

$92,309

Interest rate

4.52%

Loan type

New Conventional, 30 year

Seller

Michael Leach

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: 11/14/2024 at 4:00 PM

Listing updated: 11/12/2024 at 10:19 AM

Listed by: Wyman Farr, RE/MAX Integrity II Phone #: (936) 202-3131

MLS: Houston #8228673

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