1315 Loper St, Houston, TX, 77017

About This Home

OWNER FINANCE as is 3/27/26 $150,0000 $20,000 Down $130,000 @8% interest for 20 years Payments $1,087.37 + taxes and insurance Taxes are protected yearly to keep the taxes low. Once homestead they go down. ___________________ As the property is being renovated the price and down payment will increase. Only serious buyers please, you can leave a voice message and I will call you back. This once beautiful 3 bedroom 1 bathroom still has the original wood trim. Original wood kitchen cabinets. Built in wood chest of drawers and cedar closet in the master bedroom. This has been a rental house for over 30 years and has been neglected by the tenants. The bathroom had a leak for an extended period of time. The hardwood floors have to be replaced. The Sheetrock and some of the framing has been damaged by termites. This house is not for everyone but for someone with the knowledge and experience around remodeling homes this is a great opportunity. Being on a corner lot an apartment can be built above the 2 car garage that can be a rental or family addition. The slab is broken and will need to be replaced in the garage. There is a breezeway between the kitchen and garage that can be closed in expanding the kitchen. A 4th bedroom and a 2nd bathroom is another possibility. This can be a $300k and higher property with the right person who knows construction. To cash out the price “as is” would be $170,000. As the repair is done the price will go higher.