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$225,000

Beds
3
Baths
2.0
sq ft
1,296

11208 Erich Dr, Balch Springs, TX 75180

11208 Erich Dr

Balch Springs, TX 75180

  • 47 days on market
    • Price drop $25,000↓
Motivated seller!! Recent offer fell through due to buyer financing. Lovely brick home with 3 bedrooms, 1 and a half baths in convenient location near I635. Quiet street. Solid surface flooring throughout and open floor plan. Walking distance to multiple parks, elementary school, and nearby grocery and shopping. Quick drive to downtown Dallas. Ready for move in or remodel to make it your own.

Details

Property type

Single Family Residence

Est. home value

$232,340

Lot size

8,102.16 sq ft

Price per sq ft

$174

Year built

1970

Annual property taxes

$5,828

Price History

12/17/2024
NTREIS

NTREIS #20769803

Price change
$225,000
-10%
12/17/2024
NTREIS

NTREIS #20769803

Listed
$250,000
11/04/2024
NTREIS

NTREIS #20769803

Pending
$250,000

Schools & Community

Elementary school: 

Gilbert Cuellar

Middle school: 

Comstock

High school: 

H Grady Spruce

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

$102,513
Asking price
$225,000
Closing costs (~8% of asking)
-$18,000
Est. remaining loan balance
-$104,487
Cash to seller
$102,513

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

Seller’s Loan History

Lender

Guild Mortgage Co

Loan start date

March 2018

Original loan amount

$120,510

Est. remaining balance

$104,487

Interest rate

4.04%

Loan type

New Conventional, 30 year

Seller

Migue Florence Rojo and Amelia Diaz

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: 12/22/2024 at 4:40 AM

Listing updated: 12/17/2024 at 3:12 PM

Listed by: Mike Roberts, Regal, REALTORS Phone #: (972) 771-6970

MLS: NTREIS #20769803

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