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$425,000

Beds
3
Baths
2.5
sq ft
1,744

8628 Highway 6, Hitchcock, TX 77563

8628 Highway 6

Hitchcock, TX 77563

  • 22 days on market
Look at this 1.55 Acres land on Highway 6 and FM 2004 close to Hitchcock city hall and about 10 miles to Galveston. Nearly 12,000 cars pre day. About 217 feet front on Highway 6, and 320 feet front on Highland bayou giving very scenic view. Easy to put boat ramp. U shape driveway, Two car garage, carport for 2 cars and additional parking in front. Property has been restored recently, just need to add central AC and fix pool. Hard wood floor, beautiful granites and cabinets in huge kitchen and granite breakfast bar. Very large back and front patios. Many potential possible to use for this property as residential or office or demolish house later and build an apartment complex or motel.

Details

Property type

Single Family Residence

Est. home value

$299,025

Lot size

1.55 acres

Price per sq ft

$244

Year built

1960

Annual property taxes

$6,931

Price History

10/31/2024
Houston

Houston #18920910

Listed
$425,000
08/07/2019
Houston

Houston #47231327

Removed

Schools & Community

Elementary school: 

HITCHCOCK PRIMARY/STEWART ELEMENTARY SCHOOL

Middle school: 

CROSBY MIDDLE SCHOOL (HITCHCOCK)

High school: 

HITCHCOCK HIGH SCHOOL

School district: 

Hitchcock

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

$136,835
Asking price
$425,000
Closing costs (~8% of asking)
-$34,000
Est. remaining loan balance
-$254,165
Cash to seller
$136,835

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

Seller’s Loan History

Lender

Freedom Mortgage Corp

Loan start date

September 2021

Original loan amount

$275,747

Est. remaining balance

$254,165

Interest rate

2.77%

Loan type

FHA, 28 year

Seller

Kevin Barnes

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: 11/23/2024 at 1:30 AM

Listing updated: 11/01/2024 at 4:08 AM

Listed by: Ram Garg, Suntrust Realty Phone #: (713) 796-8611

MLS: Houston #18920910

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