tomo logo

$499,990

Beds
2
Baths
3.0
sq ft
2,156

2603 Rice Blvd, Houston, TX 77005

2603 Rice Blvd

Houston, TX 77005

  • 104 days on market
    • Price drop $25,010↓
Spectacular townhome zoned to West U Elementary! Spacious loft style 2-bedroom, 3-full bath. Spacious primary bedroom on 2nd floor w/balcony, spa-like primary bath w/oversized jacuzzi tub. Open 2nd floor kitchen w/vaulted ceilings, granite counter, island bar & loft for additional dining or living space. 2nd bedroom on the 1st floor w/new tile flooring. Stunning open living w/dry bar, full bath w/shower, custom built Texas hill country stone fireplace w/floor to ceiling windows overlooks front patio w/100 year old oak tree. Roof & skylight (2018), New tile (2019), New turf (2020), Base trim + all paint inside & out + garage (2021), New water heater (2023), Custom iron railings on stairs & loft + iron door on turf area, Custom front door, Light fixtures, New tile in living & 1st floor bedroom (2024), Cabinets painted, new hardware (2024), HVAC replaced by previous owner. Walking distance to Rice Village, Rice University,close to the medical center. No HOA!

Details

Property type

Townhouse

Est. home value

$591,700

Lot size

Unknown

Price per sq ft

$232

Year built

1979

Annual property taxes

$9,540

Price History

09/14/2024
Houston

Houston #18454123

Price change
$499,990
-4.76%
08/19/2024
Houston

Houston #18454123

Price change
$525,000
-4.55%
07/23/2024
Houston

Houston #18454123

Listed
$550,000

Schools & Community

Elementary school: 

WEST UNIVERSITY ELEMENTARY SCHOOL

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

$95,838
Asking price
$499,990
Closing costs (~8% of asking)
-$39,999
Est. remaining loan balance
-$364,153
Cash to seller
$95,838

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

Seller’s Loan History

Lender

Better Mortgage Corporation

Loan start date

March 2019

Original loan amount

$403,750

Est. remaining balance

$364,153

Interest rate

4.41%

Loan type

New Conventional, 30 year

Seller

Spencer C Russell

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 4:45 AM

Listing updated: 09/16/2024 at 10:02 AM

Listed by: Tiffany Curry, BHHS Tiffany Curry & Co., Phone #: (713) 485-4435

MLS: Houston #18454123

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