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$464,850

Beds
5
Baths
6.0
sq ft
1,092

7009 Vandeman St, Houston, TX 77087

7009 Vandeman St

Houston, TX 77087

  • 20 days on market
Amazing opportunity to House Hack your way to wealth! This property features a brick bungalow with a triplex layout, allowing you to live in the main house while renting out 3 additional units. The spacious lot includes a large carport and generates income, making it an ideal investment in the Greater East End. Perfect for aspiring investors looking for a move-in ready home with great potential for additional income.

Details

Property type

Single Family Residence

Est. home value

$270,467

Lot size

6,752 sq ft

Price per sq ft

$426

Year built

1938

Annual property taxes

$6,852

Price History

12/03/2024
Houston

Houston #45493339

Listed
$464,850
05/06/2022
Houston

Houston #49547050

Removed
01/06/2021
Houston

Houston #13971436

Removed

Schools & Community

Neighborhood: 

Pecan Park

Elementary school: 

DAVILA ELEMENTARY SCHOOL

Middle school: 

DEADY MIDDLE SCHOOL

High school: 

MILBY HIGH SCHOOL

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

$177,169
Asking price
$464,850
Closing costs (~8% of asking)
-$37,188
Est. remaining loan balance
-$250,493
Cash to seller
$177,169

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

Seller’s Loan History

Lender

Union Home Mortgage Corp

Loan start date

May 2022

Original loan amount

$262,500

Est. remaining balance

$250,493

Interest rate

4.16%

Loan type

New Conventional, 30 year

Seller

Travis Jones

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: 12/22/2024 at 10:10 AM

Listing updated: 12/03/2024 at 4:03 AM

Listed by: Brenda Hernandez, Framework Properties Phone #: (281) 840-7604

MLS: Houston #45493339

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