tomo logo

$420,000

Beds
4
Baths
3.0
sq ft
2,287

1028 High Cotton Ln, Rockwall, TX 75087

1028 High Cotton Ln

Rockwall, TX 75087

  • 2 days on market
Stunning, One Story Jewel in the heart of desirable Caruth Lake Neighborhood. Quick access to SH66 & I30. Lots of shopping and restaurants nearby. 4 Beds, 3 full baths, multiple living areas, including a climate controlled enclosed sun room! This cozy home offers an open floorplan, and exceptional updates and improvements throughout. Stay cozy on cool fall evenings and snuggle up to the floor to ceiling brick fireplace with decorative mantle. Entertain to your hearts content in the fabulous and decked out kitchen, with ample sparkling granite counters, crushed granite single bowl sink, gas cooktop, all stainless appliances, and lots of cabinet storage. Enjoy all the amazing amenities of the community, including clubhouse, pool, biking and jogging trails, and a large lake. Two minutes from downtown Rockwall and the Farmers Market, and numerous nearby community events and activities such as the Heritage Parade, Harry Meyers Park 4th of July celebration, and much more!

Details

Property type

Single Family Residence

Est. home value

$419,200

Lot size

7,492.32 sq ft

Price per sq ft

$184

Year built

1999

Annual property taxes

$5,763

Monthly HOA fee

$43.75

Price History

10/02/2024
NTREIS

NTREIS #20738545

Listed
$420,000
07/06/2020
NTREIS

NTREIS #14345927

Removed

Schools & Community

Elementary school: 

Dobbs

Middle school: 

Herman E Utley

High school: 

Rockwall

Community features: 

Pool, Lake

School district: 

Rockwall 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

$138,722
Asking price
$420,000
Closing costs (~8% of asking)
-$33,600
Est. remaining loan balance
-$247,678
Cash to seller
$138,722

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

Seller’s Loan History

Lender

Everett Financial Inc

Loan start date

July 2020

Original loan amount

$271,982

Est. remaining balance

$247,678

Interest rate

3.28%

Loan type

FHA, 30 year

Seller

Delisa Presley and Randall Presley

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?

Similar Homes Nearby

Price drop
NTREIS
$430,000
4 bd
|
3 ba
|
2,496 sq ft
|
House

1060 Hidden Lakes Way, Rockwall, TX 75087

Price drop
NTREIS
$409,900
4 bd
|
3 ba
|
2,572 sq ft
|
House

2050 Belfry Ct, Rockwall, TX 75087

Price drop
NTREIS
$424,900
4 bd
|
3 ba
|
2,852 sq ft
|
House

1868 Oak Bend Dr, Rockwall, TX 75087

Status: Active

Tomo last checked: 10/04/2024 at 11:30 PM

Listing updated: 10/02/2024 at 7:14 PM

Listed by: Anna Harris, Local Realty Agency Phone #: (972) 381-2758

MLS: NTREIS #20738545

NTREIS logo

Recently listed in Rockwall

$679,000|4 bd|4.0 ba|House
$824,990|5 bd|6.0 ba|House
$539,000|4 bd|3.0 ba|House
$1,385,000|4 bd|4.0 ba|House
$1,240,000|4 bd|4.0 ba|House
$575,950|4 bd|4.0 ba|House
$699,900|5 bd|5.0 ba|House
$839,900|4 bd|4.0 ba|House
$480,000|3 bd|3.0 ba|House