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$1,300,000

Beds
2
Baths
1.5
sq ft
2,222

4601 Caroline St, Houston, TX 77004

4601 Caroline St

Houston, TX 77004

  • 45 days on market
Two Adjacent Lots for Sale in the Museum District! 4601 Caroline St (Lot 8) and 1312 Ruth St (Lot 9) – a combined total of 11,503 SF in a prime location. 4601 Caroline St: 6,503 SF lot, 2,222 SF existing structure, and 1312 Ruth St: 5,000 SF lot, 1,224 SF existing structure. Perfect for new construction or a rehab project, these lots offer flexible use as commercial or residential with no restrictions. Located in the vibrant Museum District, this is a rare opportunity to create something special. Caroline Lot has a new Garage Apartment inside. Currently on Airbnb.

Details

Property type

Single Family Residence

Est. home value

$667,228

Lot size

6,504 sq ft

Price per sq ft

$586

Year built

1930

Annual property taxes

$14,739

Price History

09/24/2024
Houston

Houston #90135787

Listed
$1,300,000

Schools & Community

Neighborhood: 

Binz

Elementary school: 

MACGREGOR ELEMENTARY SCHOOL

Middle school: 

CULLEN MIDDLE SCHOOL (HOUSTON)

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

$1,175,420
Asking price
$1,300,000
Closing costs (~8% of asking)
-$104,000
Est. remaining loan balance
-$20,580
Cash to seller
$1,175,420

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

Seller’s Loan History

Lender

Dba Lenders Mtg

Loan start date

April 1998

Original loan amount

$81,600

Est. remaining balance

$20,580

Interest rate

7.5%

Loan type

Not Provided, 30 year

Seller

Thomas Garfield Smith and Lisa Kathleen Ebbert

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: 11/08/2024 at 3:05 PM

Listing updated: 09/25/2024 at 4:03 AM

Listed by: Mustafa Tunc, Keller Williams Realty Metropolitan Phone #: (713) 621-8001

MLS: Houston #90135787

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