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$165,000

Beds
2
Baths
2.0
sq ft
1,008

1118 W Frank St, Grand Saline, TX 75140

1118 W Frank St

Grand Saline, TX 75140

  • 29 days on market
    • Price drop $9,000↓
Enjoy small town living in this 2 bed, 2 bath home in Grand Saline. Updated countertops, cabinets and fixtures. Hardwood floors, spacious closets, wood burning fireplace, walk-in shower, spacious laundry room and fenced yard. Solar panels to help offset energy costs. No contract to assume on solar panels. Just 20 minutes to Lake Fork, Lake Tawakoni and Canton. 30 minutes from Tyler and a little over an hour to Dallas.

Details

Property type

Single Family Residence

Est. home value

$155,858

Lot size

5,662.8 sq ft

Price per sq ft

$164

Year built

1957

Price History

03/28/2025
NTREIS

NTREIS #20866266

Price change
$165,000
-5.17%
03/10/2025
NTREIS

NTREIS #20866266

Listed
$174,000
06/08/2024
TylerTX

TylerTX #24000728

Removed

Schools & Community

Elementary school: 

Grandsalin

Middle school: 

Grandsalin

High school: 

Grandsalin

School district: 

Grand Saline 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

-$9,040
Asking price
$165,000
Closing costs (~8% of asking)
-$13,200
Est. remaining loan balance
-$160,840
Cash to seller
-$9,040

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

January 2023

Original loan amount

$165,000

Est. remaining balance

$160,840

Interest rate

6.49%

Loan type

New Conventional, 30 year

Seller

Gary Allen Sorenson and Peggy Suzan Sorenson

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: 04/09/2025 at 1:20 AM

Listing updated: 03/28/2025 at 4:56 PM

Listed by: Shawn Bryant, BOLD Real Estate Group Phone #: (903) 291-1811

MLS: NTREIS #20866266

NTREIS logo

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