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$259,999

Beds
3
Baths
2.5
sq ft
2,046

5538 Rainbow Rd, Baytown, TX 77523

5538 Rainbow Rd

Cove, TX 77523

  • 146 days on market
    • Price drop $3,501↓
Discover the perfect blend of style and functionality in this well-maintained Mont Belvieu home. Featuring 3 bedrooms, 2 bathrooms, and a spacious kitchen with ample storage, this property is ideal for entertaining. The master suite boasts his and hers closets, while the fully fenced backyard is perfect for pets. With high ceilings and natural light throughout, this home is a must-see. Don't miss the opportunity to make this charming property your own. Contact us today to schedule a private tour. Ask me how to buy this home with 0% down!!

Details

Property type

Single Family Residence

Est. home value

$285,012

Lot size

5,489 sq ft

Price per sq ft

$128

Year built

2019

Annual property taxes

$4,641

Monthly HOA fee

$31.67

Price History

05/05/2024
Houston

Houston #57790188

Price change
$259,999
-1.33%
04/04/2024
Houston

Houston #57790188

Price change
$263,500
-1.64%
02/26/2024
Houston

Houston #57790188

Price change
$267,900
-4.32%

Schools & Community

Elementary school: 

BARBERS HILL SOUTH ELEMENTARY SCHOOL

Middle school: 

BARBERS HILL SOUTH MIDDLE SCHOOL

High school: 

BARBERS HILL HIGH SCHOOL

School district: 

Barbers Hill

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

Idaho Housing & Finance Assn

Loan start date

September 2023

Original loan amount

$25,008

Est. remaining balance

$24,738

Interest rate

6.81%

Loan type

FHA, 26 year

Seller

Martin Guadalupe Martinez and Nidia Martinez

Lender

Idaho Housing & Finance Assn

Loan start date

December 2021

Original loan amount

$33,307

Est. remaining balance

$31,282

Interest rate

3.05%

Loan type

FHA, 28 year

Seller

Martin Guadalupe Martinez and Nidia Martinez

Lender

Loandepot.Com Llc

Loan start date

August 2019

Original loan amount

$216,015

Est. remaining balance

$195,362

Interest rate

3.75%

Loan type

FHA, 30 year

Seller

Martin Guadalupe Martinez

Lender

Texas Department Of Housing And Communit

Loan start date

August 2019

Original loan amount

$8,641

Est. remaining balance

Not provided

Interest rate

3.75%

Loan type

Stand Alone Second

Seller

Martin Guadalupe Martinez and Nidia Martinez

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: 07/07/2024 at 5:10 PM

Listing updated: 07/06/2024 at 4:03 PM

Listed by: Cristal Torres, 1st Class Real Estate Elevate Phone #: (800) 348-2698

MLS: Houston #57790188

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