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$299,000

Beds
3
Baths
1.0
sq ft
1,392

7702 Cedel Dr, Houston, TX 77055

7702 Cedel Dr

Houston, TX 77055

  • 55 days on market
    • Price drop $16,000↓
A property in Old Spring Branch with lots of potential! A large wooded cul-de-sac lot in such a neighborhood can indeed be quite appealing. The fact that there are new homes in a gated neighborhood nearby as well as next door could add to the desirability and possibly increase property values over time. The charming bungalow you mentioned seems to have several attractive features for potential buyers or investors. A 3-bedroom layout with a large family room and kitchen, along with additional flexible spaces like an office or game room, offers versatility. The mix of tile and original hardwood flooring adds character and appeal. Investing in such a property could be a smart move, especially considering the location and the existing development in the area. It might appeal to families looking for a quiet neighborhood with good amenities nearby, or to investors interested in renovating and or potentially new builds.

Details

Property type

Single Family Residence

Est. home value

$269,236

Lot size

8,777 sq ft

Price per sq ft

$215

Year built

1958

Annual property taxes

$5,505

Price History

09/08/2024
Houston

Houston #61701689

Price change
$299,000
-5.08%
07/22/2024
Houston

Houston #61701689

Listed
$315,000

Schools & Community

Neighborhood: 

Spring Branch East

Elementary school: 

RIDGECREST ELEMENTARY SCHOOL (SPRING BRANCH)

Middle school: 

LANDRUM MIDDLE SCHOOL

High school: 

NORTHBROOK HIGH SCHOOL

School district: 

Spring Branch

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

Bancorpsouth Bank

Loan start date

May 2022

Original loan amount

$0

Est. remaining balance

Not provided

Interest rate

4.72%

Loan type

Commercial

Seller

Rockall Properties Llc

Lender

Bancorpsouth Bank

Loan start date

May 2022

Original loan amount

$15,000

Est. remaining balance

Not provided

Interest rate

4.72%

Loan type

Commercial

Seller

Rockall Properties Llc

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: 09/16/2024 at 12:45 PM

Listing updated: 09/08/2024 at 12:02 PM

Listed by: Jose Rayo, Vive Realty LLC Phone #: (713) 637-4150

MLS: Houston #61701689

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