tomo logo

$800,000

Beds
4
Baths
4.0
sq ft
3,232

101 Monticello Dr, Springtown, TX 76082

101 Monticello Dr

Springtown, TX 76082

  • 18 days on market
Enter through the Lone Star gate into 10.589 acres of Ag exempt, no restrictions property owned by the Springfield family since 1881. You'll fall in love with the huge covered back porch, complete with a fire pit area and backyard covered in string lighting. This porch was made for entertaining, grilling, relaxing and comes complete with a treehouse and tall old school metal slide! Bring your livestock, the property boasts good coastal grass, a stock tank and shade trees of pecan, oak and live oak. The home was built with a steel frame and I-beam floor joist, by a certified structural welder. Inside you'll find large rooms, lots of storage space, a relaxing window seating area in a kitchen made for gatherings and holidays with the most beautiful East facing morning view. 2 carports for your vehicles and equipment. 30x40 workshop with a studio apartment above, currently producing rental income. 15x30 storage area, 2 livestock stalls and corral. This home has solar panels with discreet placement keeping those summertime bills low. 3 septic systems, pipe and barb wire fencing throughout. Schedule your appointment today!

Details

Property type

Single Family Residence

Est. home value

$573,889

Lot size

10.589 acres

Price per sq ft

$248

Year built

2004

Annual property taxes

$4,769

Price History

02/05/2025
NTREIS

NTREIS #20835804

Listed
$800,000

Schools & Community

Elementary school: 

Springtown

Middle school: 

Springtown

High school: 

Springtown

School district: 

Springtown ISD

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$621,118
Asking price
$800,000
Closing costs (~8% of asking)
-$64,000
Est. remaining loan balance
-$114,882
Cash to seller
$621,118

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Origin Bank

Loan start date

July 2020

Original loan amount

$175,500

Est. remaining balance

$114,882

Interest rate

2.62%

Loan type

New Conventional, 12 year

Seller

William Jon Cutchen and Andrea Kayln Cutchen

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 02/23/2025 at 10:40 PM

Listing updated: 02/08/2025 at 9:27 AM

Listed by: Deborah Cottongame, Weichert REALTORS, Team Realty Phone #: (817) 220-4663

MLS: NTREIS #20835804

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