tomo logo

$210,000

Beds
3
Baths
1.0
sq ft
1,664

5542 Margarita St, Houston, TX 77020

5542 Margarita St

Houston, TX 77020

  • 7 days on market
Charming bungalow in close proximity to Downtown Houston, with easy access to major highways. Near East River Project and Buffalo Bayou East Project. Ideal for first-time buyers or seasoned investors, currently tenant occupied. Recent updates to flooring and cabinetry. This renovated 3 bed, 1 bath home features appliances, ceiling fans, and blinds in all rooms. Minutes from Downtown, University of Houston, dining, and shopping. Move-in ready with that highly sought after, and rare for the area, garage. Verify square footage with HCAD. Don't miss out on this gem!

Details

Property type

Single Family Residence

Est. home value

$287,162

Lot size

4,169 sq ft

Price per sq ft

$127

Year built

1941

Annual property taxes

$6,314

Price History

01/13/2025
Houston

Houston #85118841

Listed
$210,000
12/14/2021
Houston

Houston #10658278

Removed

Schools & Community

Neighborhood: 

Greater Fifth Ward

Elementary school: 

HENDERSON N ELEMENTARY SCHOOL

Middle school: 

MCREYNOLDS MIDDLE SCHOOL

High school: 

WHEATLEY HIGH SCHOOL

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

Leda Investments Inc

Loan start date

December 2021

Original loan amount

$174,000

Est. remaining balance

Not provided

Interest rate

3.14%

Loan type

Purchase Money Mortgage, 30 year

Seller

Sonny Michael Shearer

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: 01/21/2025 at 8:05 AM

Listing updated: 01/14/2025 at 1:53 PM

Listed by: Jonathan Williamson, Nan & Company Properties Phone #: (713) 714-6454

MLS: Houston #85118841

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