tomo logo

$2,600,000

Beds
5
Baths
4.0
sq ft
5,000

10505 Interstate 20, Eastland, TX 76448

10505 Interstate 20

Eastland, TX 76448

  • 77 days on market
    • Price drop $250,000↓
5000 sq ft custom Barndominium on 24.2 acres. Approx 2000 feet of Leon River frontage. Property sits just outside the Eastland City limit, with frontage along the I-20 Service Rd. 5 bed 4 full bath, 1800 sq ft of covered porch, huge pantry, 17 seat theater, 2 high efficiency heat pump HVAC systems. This is an income producing property with 54 new RV pads and 10 tent camping sites along the river. All RV pads are equipped with 20-30-50 amp sub-metered electric service. 47 pads have full hookups with sewer and 7 additional weekender sites may utilize the on-property dump station. Strong water well taps the spring water and supplies water for the 250,000 gallon swimming pool. 7 poolside cabanas are less than a year old. Restroom facilities at multiple locations. There is a boat ramp to launch small watercraft into the Leon River and may be used to access Olden Lake approx 3 miles downriver. Hiking trails throughout the park and riverfront, and a covered bridge along the trail.

Details

Property type

Single Family Residence

Est. home value

$564,354

Lot size

24.2 acres

Price per sq ft

$520

Year built

2018

Annual property taxes

$1,866

Price History

09/17/2024
NTREIS

NTREIS #20664811

Price change
$2,600,000
-8.77%
07/03/2024
NTREIS

NTREIS #20664811

Listed
$2,850,000

Schools & Community

Elementary school: 

Siebert

Middle school: 

Eastland

High school: 

Eastland

School district: 

Eastland ISD

Seller’s Loan History

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

Lender

Joe Williamson Iii

Loan start date

April 2022

Original loan amount

$250,000

Est. remaining balance

Not provided

Interest rate

3.85%

Loan type

Stand Alone Second

Seller

Sam Williams and Dee Williams

Lender

Quicken Loans Llc

Loan start date

April 2020

Original loan amount

$321,000

Est. remaining balance

$291,757

Interest rate

3.29%

Loan type

New Conventional, 30 year

Seller

Sam Williams and Dee Williams

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
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$2,500,000
3 bd
|
3 ba
|
3,090 sq ft
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House

601 County Road 352, Carbon, TX 76435

Status: Active

Tomo last checked: 09/19/2024 at 6:05 PM

Listing updated: 09/17/2024 at 10:29 AM

Listed by: Stephen Eaton, Eaton Realty Phone #: (409) 766-1111

MLS: NTREIS #20664811

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