tomo logo

$995,000

Beds
5
Baths
4.0
sq ft
5,216

1026 S FM 131, Denison, TX 75020

1026 S FM 131

Denison, TX 75020

  • 143 days on market
CapTivating 5216 sqft estate spanning 1.519 acres in the heart of Denison with top-tier craftsmanship. Every detail shines bright including a grand staircase, intricate trim WOrk, solid wood ash doors, hardwood floors throughout, granite countertoPs, plantatiOn shutters, & a cross-fenced backyard. tons of storage, home office, spacIous eat-iN gourmeT kitchen That opens to living area with FIreplace. Gameroom includes central sound system for entire house, complete bar with fridge, pantry, sink, ice maker, beer tap, & dishwasher. On level 2, a laVish primary suitE awaits with vaulted ceilings, adjacent flex room with screened-in balcony, & ensuite sPa-likE bath. 850 sqft bonus aRea on 3rd floor is an empty Canvas to do as you plEase! 1333 sqft garage features ½ bath, siNk, & 15x37 sTorage area upstairs. Texoma Medical, Lake Texoma, Downtown Denison, Pottsboro HS, & future Margaritaville Resort all within a 5-10 minute drive. Owner would consider selling 1.994 acre lot next door as well.

Details

Property type

Single Family Residence

Est. home value

$984,335

Lot size

1.519 acres

Price per sq ft

$191

Year built

2005

Annual property taxes

$20,947

Price History

07/23/2024
NTREIS

NTREIS #20610536

Price change
$995,000
+4.74%
07/16/2024
NTREIS

NTREIS #20610536

Price change
$950,000
-26.92%
06/14/2024
NTREIS

NTREIS #20610536

Listed
$1,299,999

Schools & Community

Elementary school: 

Pottsboro

Middle school: 

Pottsboro

High school: 

Pottsboro

School district: 

Pottsboro 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

$483,133
Asking price
$995,000
Closing costs (~8% of asking)
-$79,600
Est. remaining loan balance
-$432,267
Cash to seller
$483,133

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

Seller’s Loan History

Lender

Caliber Home Loans Inc

Loan start date

December 2020

Original loan amount

$473,000

Est. remaining balance

$432,267

Interest rate

2.8%

Loan type

VA, 30 year

Seller

Donald Joseph Patten and Kathy L Patten

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: 11/05/2024 at 7:50 AM

Listing updated: 10/01/2024 at 8:34 AM

Listed by: Jason White, WhiteFlame Realty Phone #: (214) 732-1224

MLS: NTREIS #20610536

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