1616 2nd St, League City, TX 77573
Analyzed
Call Notes
Seller
NameRene Garcia
Phone(281) 639-7612
Emailr.barrios.garcia77@gmail.com
Timeline2-weeks
Reason for sellingother
Legal owner statusyes-owner
Property
Typesingle-family
Conditionfair
CountyGalveston
Valuation
ARV$238,000
Equity$212,012 (89.0%)
Mortgage balance (est.)$25,988 (60.1% of original loan paid off)
Monthly mortgage payment$446
Monthly HOANone
Original loan amount$65,150
Involuntary liensNone found
Owner of recordGARCIA RENE JAMIE
Owner match✓ Matches lead
Mortgage balance is PropStream's amortization estimate from the original loan's recorded terms — not a live servicer balance. It won't reflect a refinance, cash-out, or ARM rate reset since origination; verify with the seller directly when it matters.
Maximum Allowable Offer (% of ARV)
70%$166,600
60%$142,800
50%$119,000
Pitch the Offer
ARV$
Market discount%−$35,700
Realtor fee%−$14,280
Closing costs%−$9,520
Rehab reserve$
Interest rate%−$841 / 6momanually entered rate
Insurance (annual, % of ARV)%−$1,190 / 6mo
Annual property taxes$−$2,413 / 6mo
Net before mortgage payoff$169,296
Mortgage payoff$defaults to the seller-reported balance above, or PropStream's estimate if none is set
Net offer$143,308
Every number above is editable — type over any default and Net Offer recalculates instantly; click Save pitch numbers to keep your edits for next time. The 6-mo carry cost charges interest only, not principal — the mortgage payoff already accounts for the principal, so charging 6 months of principal reduction on top of that would double-count it.