3 months on rocket

9503 Balsam Ln, Houston, TX, 77078

$309,000

Home List Price

$3,669*

Closing Credit

7 Bedrooms
2 Full Baths
1,660 SqFt
$186/SqFt
House
Schools Nearby

Location

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9503 Balsam Ln, Houston$309,000

Buyer Closing Credits

$3,669*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Year Built1956
HeatingCentral, Electric
CoolingCentral Air, Electric
MLS #48994638
Lot Size0.20 Acres
StatusActive

About 9503 Balsam Ln

INVESTOR OPPORTUNITY! Amazing opportunity for an investor looking for a turn-key rental property. This one story has 7 bedrooms, 2 baths & is situated on a large corner lot. Renovated kitchen & bathrooms. Fenced backyard with an extended covered patio. Double wide driveway for parking. 6 out of the 7 rooms are currently occupied, and there is room to add an 8th bedroom.

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1956
  • Stories: 1
  • Living Area: 1,660 SqFt

Listing Office:

  • Office Name: eXp Realty LLC
  • Office Phone: (888) 519-7431
  • Listing Agent: Jimmy Franklin

Interior Features

Interior Information:

  • Appliances: Electric Cooktop, Electric Oven, Microwave

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 7

Exterior Features

Exterior Information:

  • Private Pool: No
  • Exterior: Fence, Private Yard

Lot Features

Lot Information:

  • Lot: Corner Lot
  • Lot Size: 0.20 Acres

Utilities

Utilities Information:

  • Heating: Central, Electric
  • Cooling: Central Air, Electric

Other

Directions Information:

  • Directions: From 610 go north on Wayside, right on Tidwell, left on Balsam - home will be on the left on the corner

Price Information

Listing Price Info

Price Summary:

  • List Price: $309,000
  • Price Per SqFt: $186/SqFt

Tax Information:

  • Annual Amount: $1,349
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Houston, TX.

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Houston, TX

City

Med. Sold Price

$315.1K

Med. Price/SqFt

$164

Avg. Days On Market

37

# of Sold Homes

2325

9503 Balsam Ln vs Houston

98 DAYS ON ROCKET

+61 Days

$309,000

-$6.1K Less

$186/SqFt

+$22 More

KEY TAKEAWAY

This property is $6.1K less than the Median Sold Price and $22/SqFt more than other homes in Houston, TX.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: HAR
  • MLS Number: #48994638

Listing Office:

  • Office Name: eXp Realty LLC
  • Office Phone: (888) 519-7431
  • Listing Agent: Jimmy Franklin

Broker ReciprocityDisclaimer: The MLS data is provided exclusively to Participants or Subscribers for display on their website solely for consumers’ personal, non-commercial use, that the MLS data may not be used for any purpose other than to display prospective properties consumers may be interested in purchasing or leasing. Information contained on the computer print-outs of the Multiple Listing Service (MLS) of the HOUSTON REALTORS® INFORMATION SERVICE (HRIS) is furnished by MLS Participants for dissemination to other MLS Participants, for their exclusive use, and should not be relied upon by Buyer/Tenant or any other person. There is no express or implied warranty by HRIS or MLS as to the accuracy of such information, which should be independently verified by Buyer/Tenant or such other person. MLS does not verify the information and disclaims any responsibility for its accuracy. Any estimate of value was prepared using automated processes and should not be considered a comparative market analysis (CMA) or appraisal. You may contact us to provide additional information and analysis for a more accurate estimate of the property's value. Digital images modified or enhanced to alter real property characteristics contain a visible and legible watermark across the bottom of the image “Image does not represent actual property as is”.

Copyright© 2024 Houston Realtors Information Service, Inc. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.


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Last updated on: 5/3/2024, 8:20:31 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021 - $121,523
2020$1,349$61,286
2018$1,281$50,650

History based on county public records data.

Payment Calculator

$1,610

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$993

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-5212269
4
/10

  • Kipp Legacy Preparatory School

  • 9618 Mesa Dr

  • 0.34 miles

  • Public Charter Grades PK-3

school-card-donut-5212270
3
/10

  • The Varnett School - Northeast

  • 8305 Mesa Dr

  • 0.98 miles

  • Public Charter Grades PK-5

school-card-donut-5212271
2
/10

  • Hiliard Elementary School

  • 8115 E Houston Rd

  • 1.08 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $22,421. The majority of Houston, TX residents have income less than $35k annually. The majority of families are single, with kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 9503 Balsam Ln

What is the listing price of this property?

The listing price of 9503 Balsam Ln property is $309,000.

What type of property is this?

The property 9503 Balsam Ln is a house located in Houston, Texas, 77078.

Is this property for sale now?

Active Listing: 9503 Balsam Ln is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $1,349 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 9503 Balsam Ln has 7 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 9503 Balsam Ln is 1,660 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 9503 Balsam Ln is 1956.

Rocket Homes›Texas›Harris County›Houston›77078›9503 Balsam Ln

This home is located at 9503 Balsam Ln in Houston, TX and zip code 77078 in the Northeast Houston neighborhood. This 1,660 square foot home, which was built in 1956, sits on a 0.20 acre lot. Features: 7 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since January 25, 2024 and is currently priced at $309,000.

While more than 450 listings in Houston, TX in April 2024 were sold above asking price, there were more than 532 listings sold at asking price, and more than 1343 were sold below. The inventory of homes for sale in Houston, TX between March 2024 and April 2024 increased by 17.9%. While the average time on the market in April 2024 was 37 days, the median list price was $315,136.

From Rocket Homes Real Estate and based on county public records data.

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