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$530,000

Beds
3
Baths
2.5
sq ft
2,408

3805 Southmore Blvd, Houston, TX 77004

3805 Southmore Blvd

Houston, TX 77004

  • 33 days on market
    • Price drop $20,000↓
PRIME location! Minutes to the Texas Medical Center, University of Houston and Downtown! The spacious living room and flex space greets you upon entering. Updated vinyl plank flooring throughout, no carpet! The kitchen is equipped with sleek countertops, kitchen island, modern appliances, and ample cabinetry for all your storage needs. Upstairs, spacious primary suite features an en-suite bath with a luxurious soaker tub, double sinks, a walk-in closet, and a cozy sitting area. Two additional bedrooms and a secondary bathroom with a walk-in closets complete the main home. A separate garage apartment with its own full kitchen, modern finishes and washer and dryer provides a fantastic opportunity for rental income, guest accommodations or business. No HOA!

Details

Property type

Single Family Residence

Est. home value

$485,054

Lot size

7,802 sq ft

Price per sq ft

$221

Year built

1950

Annual property taxes

$10,067

Price History

11/01/2024
Houston

Houston #91194550

Price change
$530,000
-3.64%
10/17/2024
Houston

Houston #91194550

Listed
$550,000
07/22/2022
Houston

Houston #51955194

Removed

Schools & Community

Neighborhood: 

Macgregor

Elementary school: 

LOCKHART ELEMENTARY SCHOOL

Middle school: 

CULLEN MIDDLE SCHOOL (HOUSTON)

High school: 

YATES 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

$108,822
Asking price
$530,000
Closing costs (~8% of asking)
-$42,400
Est. remaining loan balance
-$378,778
Cash to seller
$108,822

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

Seller’s Loan History

Lender

Nations Reliable Lending Llc

Loan start date

July 2022

Original loan amount

$392,000

Est. remaining balance

$378,778

Interest rate

5.09%

Loan type

New Conventional, 30 year

Seller

Barrett Blackmon

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: 11/19/2024 at 5:20 PM

Listing updated: 11/17/2024 at 4:08 PM

Listed by: Daisy Ruiz, Compass RE Texas, LLC - Houston Phone #: (832) 899-4788

MLS: Houston #91194550

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