tomo logo

$258,000

Beds
5
Baths
4.0
sq ft
1,856

2735 Franklin St, Beaumont, TX 77701

2735 Franklin St

Beaumont, TX 77701

  • 19 days on market
Fully renovated, 100% leased 4 plex. One duplex and 2 SFH all on one tax roll. ALL THE FOLLOWING REPLACED IN 2021!! - 7 split unit A/C's for heat and air conditioning. Hot water heaters replaced, replaced all appliances, replaced sub flooring, flooring, insulation and sheetrock all during a studs in and studs out remodel. All exterior hardie plank siding replaced. Plumbing replaced. Duplex had plumbing replaced with CPVC and both single family homes with PEX. All electric boxes and wiring replaced along with lighting and switches in 2021. Tenants with good payment history. Great investment property to add to your portfolio with very low maintenance and carrying cost!

Details

Property type

Duplex

Est. home value

$107,192

Lot size

0.29 acres

Price per sq ft

$140

Year built

1962

Annual property taxes

$2,790

Price History

02/04/2025
Houston

Houston #72134891

Listed
$258,000

Schools & Community

Elementary school: 

FLETCHER ELEMENTARY SCHOOL

Middle school: 

KING MIDDLE SCHOOL (BEAUMONT)

High school: 

BEAUMONT UNITED HIGH SCHOOL

School district: 

Beaumont

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

$88,387
Asking price
$258,000
Closing costs (~8% of asking)
-$20,640
Est. remaining loan balance
-$148,973
Cash to seller
$88,387

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

Seller’s Loan History

Lender

American Heritage Lending Inc

Loan start date

September 2022

Original loan amount

$154,700

Est. remaining balance

$148,973

Interest rate

4.99%

Loan type

New Conventional, 30 year

Seller

Morris Investment Group 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?

Similar Homes Nearby

Houston
$220,000
5 bd
|
3 ba
|
2,327 sq ft
|
House

330 S Caldwood Dr, Beaumont, TX 77707

Houston
$225,000
5 bd
|
3 ba
|
2,542 sq ft
|
House

4220 Redwood Dr, Beaumont, TX 77703

Price drop
Beaumont
$289,000
5 bd
|
2 ba
|
3,500 sq ft
|
House

694 Forrest St, Beaumont, TX 77701

Status: Active

Tomo last checked: 02/24/2025 at 3:35 AM

Listing updated: 02/05/2025 at 4:03 AM

Listed by: Dan Good, Crimson Realty Phone #: (832) 464-5207

MLS: Houston #72134891

Houston logo

Recently listed in Beaumont

$249,900|3 bd|2.5 ba|House
$525,000|4 bd|3.0 ba|House
$470,000|3 bd|2.5 ba|House
$239,900|3 bd|2.0 ba|House
$374,900|3 bd|2.0 ba|House
$309,900|4 bd|3.0 ba|House
$619,000|4 bd|3.5 ba|House
$329,000|4 bd|3.0 ba|House
listing placeholder
images coming soon