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$189,999

Beds
3
Baths
2.0
sq ft
1,386

2437 Melba Ave, Mcallen, TX 78503

2437 Melba Ave

McAllen, TX 78503

  • 59 days on market
    • Price drop $5,001↓
Just remodeled! Roof shingles just installed and renovated bathrooms and more! Come take a look at this Beautiful quaint brick home in corner lot at the heart of Mcallen! Spacious open concept layout home with large kitchen and tile throughout. Large bedrooms with large windows for lots of natural light. Sizeable backyard ready for bbqs to place a gazebo or playset! Don't miss the opportunity to call this beauty your home! Possible Owner Finance with 20% down payment.

Details

Property type

Single Family Residence

Est. home value

$159,189

Lot size

5,522.972 sq ft

Price per sq ft

$138

Year built

1982

Annual property taxes

$3,563

Price History

09/06/2024
McAllenTX

McAllenTX #445593

Price change
$189,999
-2.56%
07/28/2024
McAllenTX

McAllenTX #445593

Price change
$195,000
-4.41%
07/22/2024
McAllenTX

McAllenTX #445593

Listed
$204,000

Schools & Community

Elementary school: 

Roosevelt

Middle school: 

Brown

High school: 

Memorial H.S.

Community features: 

Street Lights

High school district: 

McAllen ISD

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

$54,760
Asking price
$189,999
Closing costs (~8% of asking)
-$15,200
Est. remaining loan balance
-$120,039
Cash to seller
$54,760

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

Seller’s Loan History

Lender

Texas Premier Mortgage Inc

Loan start date

February 2024

Original loan amount

$120,800

Est. remaining balance

$120,039

Interest rate

6.61%

Loan type

New Conventional, 30 year

Seller

Villarreal Real Estate Management Llc

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: 09/19/2024 at 9:40 PM

Listing updated: 09/06/2024 at 2:11 PM

Listed by: Ulisses I. Iglesias, Prime Luxury Real Estate Llc Phone #: (956) 313-4503

MLS: McAllenTX #445593

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