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$350,000

Beds
3
Baths
2.0
sq ft
1,314

2515 Engelke St, Houston, TX 77003

2515 Engelke St

Houston, TX 77003

  • 13 days on market
Prime East Downtown Property with Stunning Downtown Skyline Views Discover this exceptional investment opportunity in the heart of East Downtown Houston! Situated just minutes from the vibrant city center, this property offers an ideal mix of urban convenience and residential charm. Enjoy the proximity to major attractions like the George R. Brown Convention Center, Discovery Green, and an array of popular restaurants and entertainment venues. This spacious lot is perfect for redevelopment or as a rental property. With quick access to major highways, the property also benefits from its close-knit neighborhood feel amidst rapid commercial and residential growth in the area.

Details

Property type

Duplex

Est. home value

$247,689

Lot size

5,680 sq ft

Price per sq ft

$267

Year built

1930

Annual property taxes

$4,438

Price History

11/01/2024
Houston

Houston #3825330

Listed
$350,000
01/26/2022
Houston

Houston #39759181

Removed

Schools & Community

Neighborhood: 

Second Ward

Elementary school: 

BURNET ELEMENTARY SCHOOL (HOUSTON)

Middle school: 

NAVARRO MIDDLE SCHOOL (HOUSTON)

High school: 

WHEATLEY HIGH SCHOOL

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

$211,434
Asking price
$350,000
Closing costs (~8% of asking)
-$28,000
Est. remaining loan balance
-$110,566
Cash to seller
$211,434

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

Seller’s Loan History

Lender

Eloy Ramos

Loan start date

August 2023

Original loan amount

$255,000

Est. remaining balance

$110,566

Interest rate

6.96%

Loan type

Not Provided, 2 year

Seller

Adrian Martinez

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: 11/15/2024 at 12:45 AM

Listing updated: 11/02/2024 at 4:04 AM

Listed by: Geovany Santibanez, Century Properties Real Estate Phone #: (281) 487-6500

MLS: Houston #3825330

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