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$400,000

Beds
3
Baths
2.0
sq ft
1,350

5522 Nassau Rd, Houston, TX 77021

5522 Nassau Rd

Houston, TX 77021

  • 15 days on market
This home sits on over an half of an acre! Currently occupied (lease until 11/1/25, rent is $1,700) Great for investors. The property offers a covered porch, hard wood floors, spacious kitchen and living area, formal dining, ceiling fans throughout, detached garage, professionally manicured yard, and no back neighbors. This home is centrally located inside the loop and just a few blocks from the metro rail line! Great access to the University area, major freeways, and just minutes to downtown! New construction throughout the subdivison.

Details

Property type

Single Family Residence

Est. home value

$220,321

Lot size

0.72 acres

Price per sq ft

$297

Year built

1950

Annual property taxes

$4,867

Price History

03/16/2025
Houston

Houston #83193235

Listed
$400,000
08/29/2023
Houston

Houston #25101163

Removed

Schools & Community

Neighborhood: 

Ost - South Union

Elementary school: 

PECK 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

$210,647
Asking price
$400,000
Closing costs (~8% of asking)
-$32,000
Est. remaining loan balance
-$157,353
Cash to seller
$210,647

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

Seller’s Loan History

Lender

General Mortgage Capital Corp

Loan start date

August 2023

Original loan amount

$160,000

Est. remaining balance

$157,353

Interest rate

6.96%

Loan type

New Conventional, 30 year

Seller

Ning Wang

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?

Status: Active

Tomo last checked: 04/01/2025 at 8:20 AM

Listing updated: 03/17/2025 at 4:04 AM

Listed by: Xianyi Li, Forever Realty, LLC Phone #: (281) 566-2562

MLS: Houston #83193235

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