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$265,500

Beds
3
Baths
2.0
sq ft
1,402

7226 Lost Fable Ln, Houston, TX 77095

7226 Lost Fable Ln

Houston, TX 77095

  • 193 days on market
    • Price drop $4,000↓
3 Bed, 2 bath, Fully Renovated home for sale in nice neighborhood. Brand new kitchen counters with updated appliances. Vinyl plank waterproof flooring throughout the house. Updated bathrooms and fixtures throughout the house. New paint, plenty of storage space. Tenant occupied. Lease ending July 2024. Buy as an investment and extend the lease for the long term tenants. Or move in after July 31 as your new dream home. Please verify all room sizes independently. Please verify all schools independently. Close to community pool.

Details

Property type

Single Family Residence

Est. home value

$236,699

Lot size

7,118 sq ft

Price per sq ft

$190

Year built

1984

Annual property taxes

$4,899

Monthly HOA fee

$51.08

Price History

10/26/2024
Houston

Houston #43849077

Price change
$265,500
-1.48%
08/29/2024
Houston

Houston #43849077

Price change
$269,500
-2%
04/28/2024
Houston

Houston #43849077

Listed
$275,000

Schools & Community

Elementary school: 

HOLMSLEY ELEMENTARY SCHOOL

Middle school: 

ARAGON MIDDLE SCHOOL

High school: 

LANGHAM CREEK HIGH SCHOOL

School district: 

Cypress-Fairbanks

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

$202,381
Asking price
$265,500
Closing costs (~8% of asking)
-$21,240
Est. remaining loan balance
-$41,879
Cash to seller
$202,381

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

Seller’s Loan History

Lender

Dba Banksource Mtg

Loan start date

July 2002

Original loan amount

$89,594

Est. remaining balance

$41,879

Interest rate

6.71%

Loan type

FHA, 30 year

Seller

Andrew Singer and Adrianne Singer

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: 11/08/2024 at 12:55 PM

Listing updated: 10/26/2024 at 11:23 PM

Listed by: Sohail Sulahry, REALM Real Estate Professionals - West Houston Phone #: (281) 870-0000

MLS: Houston #43849077

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