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$190,000

Beds
4
Baths
2.0
sq ft
1,612

5530 Malmedy Rd, Houston, TX 77033

5530 Malmedy Rd

Houston, TX 77033

  • 123 days on market
    • Price drop $10,000↓
Welcome to 5530 Malmedy, where you are just minutes from Downtown Houston! The property has 4 bedrooms and 2 full bathrooms, with an open kitchen to the family room layout, ideal for comfortable living. The spacious bedrooms and interior make it perfect for a family home or investment opportunity. Selling AS IS, this home features 1612 square feet of living space, a large backyard for entertaining. Don't miss out on this investment opportunity! Schedule your private showing today! ***Home is also for lease.

Details

Property type

Single Family Residence

Est. home value

$221,265

Lot size

5,828 sq ft

Price per sq ft

$118

Year built

1955

Annual property taxes

$4,339

Price History

01/17/2025
Houston

Houston #53222044

Price change
$190,000
-5%
11/01/2024
Houston

Houston #53222044

Price change
$200,000
-5.66%
10/10/2024
Houston

Houston #53222044

Price change
$212,000
-3.2%

Schools & Community

Neighborhood: 

South Park

Elementary school: 

KELSO ELEMENTARY SCHOOL

Middle school: 

ATTUCKS MIDDLE SCHOOL

High school: 

STERLING 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

$4,863
Asking price
$190,000
Closing costs (~8% of asking)
-$15,200
Est. remaining loan balance
-$169,937
Cash to seller
$4,863

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

Seller’s Loan History

Lender

Cardinal Financial Company Lp

Loan start date

May 2022

Original loan amount

$177,650

Est. remaining balance

$169,937

Interest rate

4.67%

Loan type

New Conventional, 30 year

Seller

Justin Mahoney and Julian Copeland

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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5614 Malmedy Rd, Houston, TX 77033

Status: Active

Tomo last checked: 01/22/2025 at 4:45 AM

Listing updated: 01/17/2025 at 12:08 PM

Listed by: Elizabeth Hill, Better Homes and Gardens Real Estate Gary Greene - Lake Houston Phone #: (832) 445-0408

MLS: Houston #53222044

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