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$575,000

Beds
3
Baths
2.0
sq ft
1,728

5008 Park Dr, Houston, TX 77023

5008 Park Dr

Houston, TX 77023

  • 23 days on market
INVESTOR SPECIAL! This 4-bedroom, 2-1 bathroom home sits on an expansive 15,370 sq ft lot, offering endless potential for transformation. Excellent location, established highly sought-after area of East End Revitalization. This single family home w/detached garage has a ton of potential. HUGE LOT (15,370) in the heart of Houston's Eastside. Some rehab was done, added primary room on 1st floor with bathroom, windows, flooring, staircase & added half bath & is ready to be finished out or torn down & build 8 units (See attached Site Plan). AS-IS, NO SELLER REPAIRS, CASH SALE. Lots of revitalization in & around this beautiful Eastside community. Nestled in a highly desirable area, the property is conveniently located near restaurants, shopping, & the University of Houston, adding to its allure for potential tenants. Commuting is a breeze with easy access to major highways such as I-45, 59, and I-10, enhancing the property's connectivity and attractiveness for both residents and investors.

Details

Property type

Single Family Residence

Est. home value

$500,224

Lot size

0.35 acres

Price per sq ft

$333

Year built

1940

Annual property taxes

$12,794

Price History

11/11/2024
Houston

Houston #55263987

Listed
$575,000
11/07/2024
Houston

Houston #55263987

Pending
$575,000
10/29/2024
Houston

Houston #55263987

Listed
$575,000

Schools & Community

Neighborhood: 

Greater Eastwood

Elementary school: 

CAGE ELEMENTARY SCHOOL

Middle school: 

NAVARRO MIDDLE SCHOOL (HOUSTON)

High school: 

AUSTIN HIGH SCHOOL (HOUSTON)

School district: 

Houston

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Tax Ease Funding Llc

Loan start date

January 2014

Original loan amount

$46,483

Est. remaining balance

$0

Interest rate

4.46%

Loan type

Not Provided, 5 year

Seller

Yolanda Black Navarro

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: 11/21/2024 at 7:55 PM

Listing updated: 11/11/2024 at 10:18 AM

Listed by: Rose Nava, JEA Properties Phone #: (832) 766-0065

MLS: Houston #55263987

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