Sub To Deal - 2.6% Rate - Off Market - Houston, TX - Medical Center & Meyerland Area

Harris County, Houston, TX, 77025 view full address
For Sale
Listed at: July 26th, 2024
Price
$45,000
ARV
$285,000
Gross Margin
$240,000
Sq. Footage
1304
Type
Single-Family
Parking
Driveway
Year build
1955
Lot size
7292.00 sqft
Bedrooms
3
Bathrooms
1
Half Bathrooms
0
If someone buys for this price, no more offers will be accepted
Summary

 🤩 Subject To Existing Mortgage

2.6% Interest Rate!

 

➡️ Perfect Wrap, Air BNB/ STR or LTR!

 

🏡 Address: 10305 Bassoon Dr., Houston, TX 77025

💵 Subject To Entry Fee: $45K + CC

📈 ARV: $315,000 +

📈 Market Rental Rate: $1,875 (Rentometer)

🛏️ 3 Bed | 🛁 1 Bath | 1,304SF 📏

🌳 Lot Size: 7,292 SF / 0.1674 Acres

🏠 Year Built: 1955

🛠️ Rehab: Fully Remodeled

 

  • NOT in Flood Plain 💦 🚫
  • Beautiful Mature Trees on Property and Lining Street
  • A/C Only a Few Years Old
  • Upgraded Metal Roof
  • Garage Converted to Living Space

 

🏠 No HOA - NO Rental Restrictions

 

📊 Loan Info:

Main Note:

  • Interest Rate: 2.6% (2036 Maturity)
  • Current PITI: $2,154
  • Conventional 15-Year Fixed Rate Mortgage
  • Principal Balance: $201,602

2nd Lien (option to pay in cash at closing):

  • $25,000 @ 10% for 36 months (No Prepayment Penalty)
  • P & I: $806.68

 

PROPERTY IS BEING SOLD AS-IS, WHERE IS, AND BUYER IS TO PAY ALL CLOSING COSTS. NO REPRESENTATIONS WRITTEN OR ORAL ARE MADE CONCERNING THE PROPERTIES ABOVE. PRICE BASED ON AND REQUIRES A CASH OR PRIVATE/ HARD MONEY OFFER AND IS NET TO SELLER. NO CONVENTIONAL OR FHA FINANCING IS ACCEPTED UNLESS OTHERWISE INDICATED. ALL OFFERS ON PROPERTIES REQUIRE A $3,000 OR HIGHER, NON-REFUNDABLE EARNEST DEPOSIT AND HAVE AN AVERAGE 7 DAY CLOSE OF ESCROW. BUYERS TO DO THEIR OWN INDEPENDENT DUE DILIGENCE. INTEGRITY PRIME, LLC, WHOLESALE PROPERTIES HOUSTON AND/ OR THE ASSOCIATED MEMBERS OR EMPLOYEES MAKE NO GUARANTEES CONCERNING PROPERTY CONDITION, VALUE, CHARACTERISTICS OR FINANCIAL BENEFITS. NOT AN APPRAISAL. OFFERED BY DOUBLE-CLOSE OR ASSIGNMENT OF CONTRACT. BUYER MUST COMPLETE ALL DUE DILIGENCE BEFORE SUBMITTING AN OFFER AND EXECUTING ANY CONTRACT. DUE TO THE NATURE OF OUR BUSINESS TERMINATION OPTIONS / OPTION PERIODS CANNOT BE ACCEPTED. WE MAY NOT HAVE TITLE TO THE PROPERTY AND MAY PLAN TO HAVE TITLE AT A FUTURE DATE. IF WE DO NOT HAVE TITLE, WE ARE MARKETING OUR EQUITABLE INTEREST IN THE PROPERTY. THE EQUITABLE INTEREST IS AN EXECUTED PURCHASE AGREEMENT TO PURCHASE THE PROPERTY. INTEGRITY PRIME, LLC, WHOLESALE PROPERTIES HOUSTON AND/ OR THE ASSOCIATED MEMBERS OR EMPLOYEES DO NOT REPRESENT YOU OR ANY OTHER PARTY OTHER THAN INTEGRITY PRIME, LLC OR WHOLESALE PROPERTIES HOUSTON IN THIS TRANSACTION. EQUAL OPPORTUNITY HOUSING. ONE OR MORE MEMBERS OR EMPLOYEES OF INTEGRITY PRIME, LLC AND/ OR WHOLESALE PROPERTIES HOUSTON ARE LICENSED REAL ESTATE AGENTS IN THE STATE OF TEXAS.
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Video Walkthrough

Street View
Location
current deal
comparables
#2
available
$123k
sold
$99k
Bedrooms
Bathrooms
Sq. footage
Deals nearby
Available
Sold
Contact

Fred Paskell

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