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$185,000

Beds
4
Baths
2.0
sq ft
1,517

7025 Loop 540, Beasley, TX 77417

7025 Loop 540

Beasley, TX 77417

  • 35 days on market
    • Price drop $14,000↓
Welcome to this Investor's dream home, a charming 2-story home offering 4 bedrooms and 2 bathrooms, nestled in Beasley, TX! This property is ideal for investors looking to expand their portfolio! The home is tenant-occupied month-to-month. Inside, a spacious family room offers a wood-burning fireplace with a traditional brick hearth. The open kitchen offers vinyl plank tiles, espresso-colored cabinets, and a side-by-side refrigerator. A casual dining area offers room for family meals or a quick bite! Downstairs, 2 bedrooms and a bathroom offer versatile spaces for residents and guests alike! Take the stairs upwards and discover 2 more spacious bedrooms, each with study nooks, and a bathroom. The 2-car garage has been converted into a workshop. A large covered patio overlooks the oversized backyard! Located in the LCISD, & it offers easy access to shopping and dining at Brazos Town Center. Showings will only be approved with formal offers.

Details

Property type

Single Family Residence

Est. home value

$225,612

Lot size

9,583 sq ft

Price per sq ft

$122

Year built

1980

Annual property taxes

$4,313

Price History

09/12/2024
Houston

Houston #89627559

Price change
$185,000
-7.04%
08/15/2024
Houston

Houston #89627559

Listed
$199,000

Schools & Community

Elementary school: 

BEASLEY ELEMENTARY SCHOOL (LAMAR)

Middle school: 

GEORGE JUNIOR HIGH SCHOOL

High school: 

TERRY HIGH SCHOOL

School district: 

Lamar Consolidated

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

$35,247
Asking price
$185,000
Closing costs (~8% of asking)
-$14,800
Est. remaining loan balance
-$134,953
Cash to seller
$35,247

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

Seller’s Loan History

Lender

First Guaranty Mortgage Corp

Loan start date

August 2022

Original loan amount

$138,750

Est. remaining balance

$134,953

Interest rate

5.81%

Loan type

New Conventional, 30 year

Seller

Charles Donavan Reid

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: 09/20/2024 at 6:35 AM

Listing updated: 09/12/2024 at 8:22 PM

Listed by: Christopher Munguia, eXp Realty LLC Phone #: (888) 519-7431

MLS: Houston #89627559

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