tomo logo

$389,500

Beds
3
Baths
2.0
sq ft
2,053

10438 State Highway 198, Mabank, TX 75147

10438 State Highway 198

Canton, TX 75103

  • 114 days on market
    • Price drop $5,500↓
Located in Canton ISD, out of city limits off an old country hwy with no known restrictions! Enchanting country property is fully updated, mid- century ranch style home nestled on approx 1.70 acres of land. Includes a 30x20 shop & covered party pavilion w sit down bar inside a ranch style pipe fenced backyard & cross fenced for horses or livestock. Home has metal roof, two living areas w a large brick WBFP. Remodeled kitchen w granite counter tops, SS appliances. Interior & ext is freshly painted & full of character w built ins throughout home. Master includes an ensuite bath w tiled shower. Bedroom two has a built in desk & Murphy bed. Extra storage in enclosed patio or raise the windows on a nice country night & enjoy a screened in porch, looking out to the backyard oasis of pecan, oak & elm trees! Well water in backyard w spickets outside for watering. Metal shop w electric sits at back of property w built in racks for storage. Two large opening gates for equipment & side pasture.

Details

Property type

Single Family Residence

Est. home value

$340,679

Lot size

1.692 acres

Price per sq ft

$190

Year built

1973

Annual property taxes

$2,495

Price History

07/01/2024
NTREIS

NTREIS #20612905

Price change
$389,500
-1.39%
05/28/2024
NTREIS

NTREIS #20612905

Listed
$395,000
04/24/2024
NTREIS

NTREIS #20479633

Removed

Schools & Community

Elementary school: 

Canton

Middle school: 

Unknown

High school: 

Canton

School district: 

Canton 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

$60,139
Asking price
$389,500
Closing costs (~8% of asking)
-$31,160
Est. remaining loan balance
-$298,201
Cash to seller
$60,139

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

Seller’s Loan History

Lender

Orchard Mortgage Llc

Loan start date

January 2023

Original loan amount

$304,000

Est. remaining balance

$298,201

Interest rate

6.49%

Loan type

New Conventional, 30 year

Seller

Scott Ross Koenler

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: 09/19/2024 at 5:40 PM

Listing updated: 09/14/2024 at 2:09 PM

Listed by: Elaine Fabbri, RE/MAX Landmark Rose Phone #: (903) 567-3100

MLS: NTREIS #20612905

NTREIS logo

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