tomo logo

$450,000

Beds
2
Baths
3.0
sq ft
3,510

1096 FM 1071, Hale Center, TX 79041

1096 FM 1071

Hale Center, TX 79041

  • 6 days on market
Exceptional in the heart of the Texas countryside! This fully renovated 2-bedroom, 3-bath home is a perfect blend of modern luxury and rustic charm, nestled on over 3 acres and ready for you. Step in and be greeted by stunning wood floors and a prominent fireplace in one of 2 spacious living areas. The gourmet kitchen features beautiful granite countertops, ample storage, butler pantry, and stainless appliances-ideal for entertaining or enjoying quiet meals with family in one of 2 separate dining areas. Both spacious bedrooms offer serene escapes; the main is complete with a private bath, fireplace, and large walk-in-closet. 2 additional baths and a finished basement make this home perfect for hosting or simply enjoying your own oasis. The property also boasts established trees, an impressive equestrian arena, a barn equipped with RV parking, office, bathroom, and HVAC along with multiple storage sheds with electric. Located only minutes from Hale Center or Plainview so come home!

Details

Property type

Single Family Residence

Est. home value

$366,879

Lot size

3.386 acres

Price per sq ft

$129

Year built

1953

Annual property taxes

$4,500

Price History

01/01/2025
Lubbock

Lubbock #202417299

Listed
$450,000
05/04/2024
Lubbock

Lubbock #202400780

Removed
04/15/2024
Lubbock

Lubbock #202400780

Price change
$499,000
-9.11%

Schools & Community

Elementary school: 

Akin

Middle school: 

Carr

High school: 

Hale Center

School district: 

Hale Center 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

$329,286
Asking price
$450,000
Closing costs (~8% of asking)
-$36,000
Est. remaining loan balance
-$84,714
Cash to seller
$329,286

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

Seller’s Loan History

Lender

Prosperity Bank

Loan start date

August 2017

Original loan amount

$150,000

Est. remaining balance

$84,714

Interest rate

3.18%

Loan type

New Conventional, 15 year

Seller

Stephen Martin Stookey and Beverly Kay Stookey

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: 01/06/2025 at 9:40 PM

Listing updated: 01/04/2025 at 5:41 PM

Listed by: Nick Simpson, Better Homes and Gardens Blu Realty

MLS: Lubbock #202417299

Lubbock logo

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