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$299,000

Beds
3
Baths
2.0
sq ft
1,513

10732 Cotillion Dr, Dallas, TX 75228

10732 Cotillion Dr

Dallas, TX 75228

  • 88 days on market
This 3-bedroom, 2-bath gem is currently leased at a solid $2000 per month, providing immediate income for savvy investors. The property boasts an oversized garage, a spacious fenced backyard, and recent updates that will continue to attract top-quality tenants. Located in a popular working-class neighborhood with fantastic shopping and amenities, and NO homeowners dues, this is a low-maintenance, high-return opportunity. The current owner is motivated to retire from rental property, making this a prime chance to add a reliable cash-flowing asset to your portfolio. Don't miss out!

Details

Property type

Single Family Residence

Est. home value

$297,686

Lot size

7,884.36 sq ft

Price per sq ft

$198

Year built

1999

Price History

08/23/2024
NTREIS

NTREIS #20711295

Listed
$299,000

Schools & Community

Neighborhood: 

Northeast Dallas

Elementary school: 

Smith

Middle school: 

Gaston

High school: 

Adams

School district: 

Dallas 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

$244,705
Asking price
$299,000
Closing costs (~8% of asking)
-$23,920
Est. remaining loan balance
-$30,375
Cash to seller
$244,705

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

Seller’s Loan History

Lender

Associates Home Equity Services Inc

Loan start date

November 2000

Original loan amount

$73,170

Est. remaining balance

$30,375

Interest rate

7.88%

Loan type

Not Provided, 30 year

Seller

Ann Garcia

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: 11/19/2024 at 4:30 PM

Listing updated: 10/10/2024 at 12:14 AM

Listed by: Darden Mcglothlin, Estate Realty, Inc. Phone #: (214) 390-5417

MLS: NTREIS #20711295

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