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$350,000

Beds
Unknown
Baths
2.0
sq ft
1,004

8461 Rannie Rd, Houston, TX 77080

8461 Rannie Rd

Houston, TX 77080

  • 136 days on market
    • Price drop $30,000↓
Discover the potential of this prime corner unit, an ideal opportunity for developers and investors. Situated in the thriving Spring Branch District, this property offers a unique chance to construct up to 6 single-family homes. Currently, comprised of 2 detached single family homes, both tenants occupied. The seller has thoughtfully replated the property into 6 individual lots, each designated for single family residential development. This represents a rare opportunity in an area renowned for its growth and desirability

Details

Property type

Townhouse

Est. home value

$200,350

Lot size

0.27 acres

Price per sq ft

$349

Year built

1955

Annual property taxes

$4,083

Price History

05/13/2024
Houston

Houston #91882836

Listed
$350,000
03/29/2024
Houston

Houston #91882836

Pending
$350,000
03/18/2024
Houston

Houston #91882836

Price change
$350,000
-7.89%

Schools & Community

Neighborhood: 

Langwood

Elementary school: 

EDGEWOOD ELEMENTARY SCHOOL (SPRING BRANCH)

Middle school: 

NORTHBROOK 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

James L Maupin

Loan start date

December 2019

Original loan amount

$120,000

Est. remaining balance

Not provided

Interest rate

3.75%

Loan type

Purchase Money Mortgage

Seller

Tomas Roque

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: 07/05/2024 at 9:45 PM

Listing updated: 05/28/2024 at 6:17 PM

Listed by: Dayana Betancourt-Mendez, Epique Realty LLC Phone #: (512) 387-0722

MLS: Houston #91882836

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