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$285,000

Beds
3
Baths
1.5
sq ft
2,482

6827 Avenue Q, Houston, TX 77011

6827 Avenue Q

Houston, TX 77011

  • 345 days on market
    • Price drop $14,000↓
This quaint home has so much to offer the next owner. Whether this property is used as an investment opportunity or a first time home it is in a dream location. Minutes from downtown, nearby stadiums, minutes from UofH, and local downtown night life. The home has a low tax rate, open floor plan, features oversized rooms, a large kitchen with custom cabinetry! Updates include fresh paint that has been added to the exterior and interior of the home. There is an outside foundation structure to the left of the house ready to add on to the property or make it a separate structure, and without an HOA, the sky is the limit! This separate structure was previously used as a rental and has a lot of potential for a future owner, but needs to be rebuilt. In addition, it is in highly sought out East Downtown and sits on 3 lots giving you a 75X100 dimension for the exterior of the home! Close to the monorail, Buffalo Bend Natural Park, I-10, 45, and 610. Make your appointment today!

Details

Property type

Single Family Residence

Est. home value

$314,943

Lot size

7,501 sq ft

Price per sq ft

$115

Year built

1930

Annual property taxes

$4,805

Price History

01/06/2024
Houston

Houston #55038247

Price change
$285,000
-4.68%
12/11/2023
Houston

Houston #55038247

Price change
$299,000
-5.08%
09/06/2023
Houston

Houston #55038247

Listed
$315,000

Schools & Community

Neighborhood: 

Magnolia Park

Elementary school: 

FRANKLIN ELEMENTARY SCHOOL (HOUSTON)

Middle school: 

EDISON MIDDLE SCHOOL

High school: 

AUSTIN 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

$155,925
Asking price
$285,000
Closing costs (~8% of asking)
-$22,800
Est. remaining loan balance
-$106,275
Cash to seller
$155,925

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

Seller’s Loan History

Lender

Network Funding Lp

Loan start date

November 2021

Original loan amount

$112,500

Est. remaining balance

$106,275

Interest rate

2.99%

Loan type

New Conventional, 30 year

Seller

Patrick Renteria

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: 07/05/2024 at 10:35 PM

Listing updated: 01/06/2024 at 6:47 PM

Listed by: Leslie Renteria, Keller Williams Realty Clear Lake / NASA Phone #: (281) 335-0335

MLS: Houston #55038247

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