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$1,374,990

Beds
Unknown
sq ft
8,720

1091 Grindstone Rd, Brock, TX 76087

1091 Grindstone Rd

Brock, TX 76087

  • 178 days on market
    • Price drop $120,000↓
Great investment property on 2.727 acres with room to add additional units in the back of the property in sought after Brock ISD. 100% occupied, selling the property for a 1031 Exchange.

Details

Property type

Apartment

Est. home value

$1,426,608

Lot size

2.727 acres

Price per sq ft

$158

Year built

2018

Annual property taxes

$21,780

Price History

09/21/2024
NTREIS

NTREIS #20628973

Listed
$1,374,990
09/03/2024
NTREIS

NTREIS #20628973

Pending
$1,374,990
07/05/2024
NTREIS

NTREIS #20628973

Price change
$1,374,990
-8.03%

Schools & Community

Elementary school: 

Brock

Middle school: 

Brock

High school: 

Brock

School district: 

Brock 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

Origin Bank

Loan start date

August 2020

Original loan amount

$808,000

Est. remaining balance

Not provided

Interest rate

3.07%

Loan type

Purchase Money Mortgage

Seller

Kichvee Llc

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?

Status: Active

Tomo last checked: 11/23/2024 at 8:20 AM

Listing updated: 09/21/2024 at 8:59 AM

Listed by: Boni Ndungu, Serene Heights LLC. Phone #: (972) 832-5670

MLS: NTREIS #20628973

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