tomo logo

$159,900

Beds
2
Baths
1.0
sq ft
782

716 8th St, Portland, TX 78374

716 8th St

Portland, TX 78374

  • 162 days on market
A must to see! This adorable home has been recently updated with brand new kitchen cabinets, refrigerator, dishwasher, countertops, and flooring, a new bathtub/shower and flooring installed in 2023. The original hardwood floors add a touch of classic elegance. Conveniently located with easy access to Corpus Christi, and very near the new GP Early Learning center. This property also includes a spacious storage building or potential workshop behind the house—perfect for various uses or creative endeavors. This delightful property is zoned OT-2, placing it within the vibrant Old Town Mixed Use District, and offers a unique blend of charm and opportunity. Ideal for first-time homebuyers, investors, or aspiring business owners, this cozy gem is ready for a new owner to appreciate and make it their own. Make sure to take a look at the walk-through tour.

Details

Property type

Single Family Residence

Est. home value

$130,338

Lot size

5,325 sq ft

Price per sq ft

$205

Year built

1952

HOA

No

Price History

01/14/2025
SouthTexasMLS

SouthTexasMLS #445719

Listed
$159,900
11/16/2024
SouthTexasMLS

SouthTexasMLS #445719

Removed
11/15/2024
SouthTexasMLS

SouthTexasMLS #445719

Listed
$159,900

Schools & Community

Elementary school: 

TMClark

Middle school: 

Gregory Portland

High school: 

Gregory Portland

High school district: 

Gregory Portland ISD

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

$18,808
Asking price
$159,900
Closing costs (~8% of asking)
-$12,792
Est. remaining loan balance
-$128,300
Cash to seller
$18,808

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

Seller’s Loan History

Lender

Prosperity Bank

Loan start date

March 2022

Original loan amount

$136,000

Est. remaining balance

$128,300

Interest rate

3.45%

Loan type

FHA, 30 year

Seller

Faith Thomas

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: 01/22/2025 at 11:55 PM

Listing updated: 01/14/2025 at 2:10 PM

Listed by: Deanna Ladner, XALT Real Estate Phone #: (361) 444-3445

MLS: SouthTexasMLS #445719

SouthTexasMLS logo

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