tomo logo

$80,000

Beds
3
Baths
2.0
sq ft
1,600

5826 Redbird St, Edinburg, TX 78542

5826 Redbird St

Edinburg, TX 78542

  • 86 days on market
    • Price drop $39,000↓
Exciting Opportunity for Investors! Here's a fantastic opportunity to rehab and transform a spacious home into a dream residence for a new family! This property sits on a generous 1/2 acre lot and currently features a large kitchen, a spacious dining area, 3 bedrooms, 2 baths, and an additional bathroom pending finish-out. With a motivated seller, this is your chance to capitalize on a great investment.

Details

Property type

Single Family Residence

Est. home value

$194,776

Lot size

0.507 acres

Price per sq ft

$50

Year built

2002

Annual property taxes

$1,989

Price History

08/28/2024
McAllenTX

McAllenTX #445418

Price change
$80,000
-32.77%
08/28/2024
McAllenTX

McAllenTX #445418

Listed
$119,000
06/11/2024
McAllenTX

McAllenTX #440500

Removed

Schools & Community

Elementary school: 

Villarreal

Middle school: 

Memorial

High school: 

Economedes H.S.

Community features: 

None

High school district: 

Edinburg ISD

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

Reinhold Schamberger

Loan start date

March 1998

Original loan amount

$14,000

Est. remaining balance

Not provided

Interest rate

6.89%

Loan type

Seller take-back

Seller

Jesus Mendez and Veronica Mendez

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: 11/23/2024 at 1:15 AM

Listing updated: 11/12/2024 at 3:35 PM

Listed by: Deldi M. Ortegon, Keller Williams Realty Rgv Phone #: (956) 928-1155

MLS: McAllenTX #445418

McAllenTX logo

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