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$325,000

Beds
4
Baths
3.5
sq ft
2,518

7931 Scanlock St, Houston, TX 77012

7931 Scanlock St

Houston, TX 77012

  • 3 days on market
Unique Income-Generating Opportunity! This versatile property features two separate units, offering flexibility and value. The spacious main house boasts 3 bedrooms and 2.5 bathrooms, with 2 bedrooms and 2 bathrooms on the main floor and a private 1-bedroom, half-bath suite upstairs. The second unit is a 1-bedroom, 1-bath apartment with its own entrance—perfect for generating rental income, hosting extended family, or creating a private guest space. Conveniently located near both a middle school and high school, this property is ideal for families or investors. Currently, it generates $2,800 per month in rental income from both units, making it an excellent investment opportunity. Whether you choose to live in the main home and rent the apartment or use it for multi-generational living, this property delivers comfort, convenience, and financial potential. Don’t miss your chance to own this exceptional home—schedule your showing today!

Details

Property type

Single Family Residence

Est. home value

$349,946

Lot size

7,501 sq ft

Price per sq ft

$130

Year built

1940

Annual property taxes

$7,848

Price History

12/30/2024
Houston

Houston #9145621

Listed
$325,000
06/18/2024
Houston

Houston #52499686

Removed
06/17/2023
Houston

Houston #52499686

Listed
$350,000

Schools & Community

Neighborhood: 

Pecan Park

Elementary school: 

SANCHEZ ELEMENTARY SCHOOL (HOUSTON)

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

$172,493
Asking price
$325,000
Closing costs (~8% of asking)
-$26,000
Est. remaining loan balance
-$126,507
Cash to seller
$172,493

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

Seller’s Loan History

Lender

Fbc Mortgage Llc

Loan start date

July 2020

Original loan amount

$139,650

Est. remaining balance

$126,507

Interest rate

3.21%

Loan type

New Conventional, 30 year

Seller

Edith Beltran and Larry E Garcia

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: 01/03/2025 at 2:15 AM

Listing updated: 12/31/2024 at 4:03 AM

Listed by: Jose Valdes, StepStone Realty LLC Phone #: (281) 783-4534

MLS: Houston #9145621

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