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$150,000

Beds
3
Baths
2.0
sq ft
1,070

6929 Avenue L, Houston, TX 77011

6929 Avenue L

Houston, TX 77011

  • 27 days on market
    • Price drop $15,000↓
CALLING ALL INVESTORS! This 3/2 rehab was started and not finished. Home sits on 2 lots, for a total of 5,000 sq ft. Lot 9 and 10 are 2,500 sq ft each. The East End has continued to perform well, and this is a great flip or keep as a rental right off Wayside and near other new construction and rehab homes in the area. Home can be expanded to a 4/3. Located in the growing East End section of Houston. This bungalow has so much potential! Interior is filled with original shiplap on walls and ceilings, plus some foundation work was already done on the block and beam foundation. The original wood floors are still there, recent windows installed, electrical updated, pex plumbing started, sewer lines started, and even the HVAC was started. New investors would need to pull new permits and properly finish out the home. Was previously purchased from a lender that took back the property, and no prior history is available on the prior investors permits or plans. Survey on file.

Details

Property type

Single Family Residence

Est. home value

$174,025

Lot size

5,001 sq ft

Price per sq ft

$141

Year built

1930

Price History

10/25/2024
Houston

Houston #33992210

Price change
$150,000
-9.09%
10/08/2024
Houston

Houston #33992210

Listed
$165,000
10/21/2022
Houston

Houston #57778541

Removed

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

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

Hrb Development Group Llc

Loan start date

June 2022

Original loan amount

$59,000

Est. remaining balance

Not provided

Interest rate

5.11%

Loan type

Purchase Money Mortgage, 0 year

Seller

Supreme Homes Llc

Lender

R Holdings Llc

Loan start date

March 2022

Original loan amount

$86,000

Est. remaining balance

Not provided

Interest rate

3.69%

Loan type

Purchase Money Mortgage, 0 year

Seller

Supreme Homes Llc and Melanie Lafever

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: 11/04/2024 at 2:55 PM

Listing updated: 10/25/2024 at 6:08 PM

Listed by: Evan Compean, Compean Group Phone #: (832) 777-3904

MLS: Houston #33992210

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