tomo logo

$224,000

Beds
4
Baths
1.5
sq ft
1,747

9318 Balsam Ln, Houston, TX 77078

9318 Balsam Ln

Houston, TX 77078

  • 5 days on market
    • Price drop $25,000↓
OVER 1.5 acres of opportunity with a renovated house! This property can be utilized as a primary or rental residence and so much more!! The possibilities are endless. This property can be used for building purposes, storage, tiny homes, or your own retreat! This all could be completed while living in the newly renovated home or renting it out while you put your plans together. Property is located in a quiet cul-de-sac. This 4bedroom 1 1/2 bath renovated home, perfect for living in or generating rental income. Perfect space to add an additional full bathroom. Whether you’re dreaming of building, storing, or starting a creative project, this expansive property provides limitless possibilities. Schedule a showing today and imagine the possibilities!

Details

Property type

Single Family Residence

Est. home value

$295,279

Lot size

1.62 acres

Price per sq ft

$129

Year built

1958

Annual property taxes

$5,970

Price History

01/20/2025
Houston

Houston #61941786

Price change
$224,000
-10.04%
01/16/2025
Houston

Houston #61941786

Listed
$249,000
12/28/2024
Houston

Houston #44232262

Removed

Schools & Community

Neighborhood: 

East Houston

Elementary school: 

HILLIARD ELEMENTARY SCHOOL

Middle school: 

FOREST BROOK MIDDLE SCHOOL

High school: 

NORTH FOREST HIGH SCHOOL

School district: 

Houston

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

American Mortgage Bank

Loan start date

June 2021

Original loan amount

$103,105

Est. remaining balance

$95,133

Interest rate

3.04%

Loan type

New Conventional, 30 year

Seller

Arthur K Blackburn Jr

Lender

Wildcat Lending Fund One Lp

Loan start date

March 2021

Original loan amount

$99,400

Est. remaining balance

Not provided

Interest rate

2.73%

Loan type

Purchase Money Mortgage, 0 year

Seller

Arthur K Blackburn Jr

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?

Status: Active

Tomo last checked: 01/21/2025 at 7:05 PM

Listing updated: 01/20/2025 at 8:38 PM

Listed by: Arthur Blackburn, New Era Realestate LLC Phone #: (281) 726-1491

MLS: Houston #61941786

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