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$299,900

Beds
3
Baths
2.0
sq ft
1,727

5703 Fraser Ave, Galveston, TX 77551

5703 Fraser Ave

Galveston, TX 77551

  • <1 day on market
Rare opportunity at the corner of Fraser and 57th! This property features a spacious undeveloped lot paired with a meticulously renovated house, ready for immediate occupancy. The potential is vast: consider building a new single-family home or duplex for additional income, or create a luxurious outdoor oasis with room for entertaining, recreation, and even a pool. Originally built in 1947, the house has been thoughtfully updated to offer a contemporary and inviting living space. Recent renovations within the last five years ensure all major systems are modern and reliable, providing peace of mind to the fortunate new owner. The property is already fenced with elegant black and white privacy fencing, with the driveway entrance prepared for a convenient rolling gate installation. Both upstairs bedrooms feature private balconies, perfect for enjoying the crisp autumn air. Big family room. Parking is plentiful, with a pergola offering shelter for two cars.

Details

Property type

Single Family Residence

Est. home value

$309,775

Lot size

5,998 sq ft

Price per sq ft

$174

Year built

1947

Annual property taxes

$3,997

Price History

10/17/2024
Houston

Houston #43320897

Listed
$299,900
06/16/2024
Houston

Houston #97976867

Removed
06/04/2024
Houston

Houston #97976867

Listed
$269,900

Schools & Community

Elementary school: 

GISD OPEN ENROLL

Middle school: 

GISD OPEN ENROLL

High school: 

BALL HIGH SCHOOL

School district: 

Galveston

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

Bluewave Investment Group Corp

Loan start date

January 2021

Original loan amount

$140,000

Est. remaining balance

$0

Interest rate

2.72%

Loan type

New Conventional, 2 year

Seller

Lela Construction Inc

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: 10/18/2024 at 12:15 AM

Listing updated: 10/17/2024 at 9:08 PM

Listed by: Bintuan Zhu, Great Wall Realty LLC Phone #: (713) 732-7519

MLS: Houston #43320897

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