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$178,000

3603 Shannon Ln, Humble, TX, 77396

PendingInfo
Beds3 Beds
Baths2 Bath
Baths1,586 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$112.23 / sqft
Year BuiltBuilt in 1993

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
FlooringCarpet Free

Exterior

Exterior FeaturesPrivate Yard

About this property

Incredible opportunity in the Humble/Atascocita area! This 3-bedroom, 2-bath single-family home offers 1,586 square feet of living space on an expansive 0.533-acre lot, featuring a spacious backyard and exceptional potential. *Selling AS-IS*, seller to make no repairs. This home has fantastic bones and is ready for its next chapter! All carpeting has already been removed, exposing the subflooring and making new flooring installation that much easier. One of the property's most exciting features is the entire unfinished downstairs level! Previously undergoing renovations, this expansive space features exposed framing and concrete flooring. Buyers can utilize it for substantial storage or explore finishing it into additional living space, potentially doubling the home's usable square footage, subject to verification and applicable approvals. Whether you envision additional bedrooms, an entertainment area, a home office, or a completely customized layout, the possibilities are extensive! Another standout advantage is the approximately 1.92% property tax rate, with no City of Humble tax or MUD tax. Per seller, the property has never flooded and is located within the 500-year floodplain. With over half an acre of land, an expansive backyard, and significant potential for additional living space, this property offers an exciting opportunity to create something special. Property is being sold strictly AS-IS. Buyer to conduct independent due diligence and verify all property information.

Investor Tools

$0Estimated Mortgage Balance
$209,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,254 /month
Positive
Cash Flow Estimate:
$418 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$332/month
No HOA
5.947%

City: Humble

3603 Shannon Ln | Property Details | No Agent List