tomo logo

$299,000

Beds
2
Baths
1.0
sq ft
1,561

1123 Bales St, Cleburne, TX 76033

1123 Bales St

Cleburne, TX 76033

  • <1 day on market
    • Price drop $26,000↓
Welcome home to 1123 Bales St! This inviting 2-bedroom, 1-bathroom home offers 923 sq. ft. of comfortable living space, featuring refinished original hardwood floors and plenty of windows that flood the home with natural light. The eat-in kitchen and large living room create a cozy, open atmosphere perfect for family meals and casual gatherings. In addition to the main house, the property includes a 1,600 sq. ft. metal building with a 593 sq. ft. efficiency apartment, ideal for guests, a private office, or as a flexible living space. The shop area, complete with bay doors and air conditioning, includes a dedicated room for sandblasting, which could also be used for powder coating—perfect for car enthusiasts or anyone with a passion for mechanical projects. Step outside and enjoy a spacious backyard with a large covered patio, ideal for entertaining, BBQs, or simply relaxing. The yard is shaded by mature pecan trees, and a swing offers the perfect spot to unwind while the kids play in the yard. It’s a peaceful, family-friendly space for making memories. With a combined total of 1,516 sq. ft. of living space (home and apartment), this property offers plenty of room for both work and leisure. Whether you're looking for a home office, a hobby space, or extra storage, this property has you covered.Plus, this home qualifies for a zero down payment program, making it an excellent opportunity for first-time homebuyers or those looking to take advantage of affordable homeownership options.

Details

Property type

Single Family Residence

Est. home value

$239,670

Lot size

7,013.16 sq ft

Price per sq ft

$192

Year built

1960

Annual property taxes

$5,475

Price History

11/08/2024
NTREIS

NTREIS #20762680

Listed
$299,000
12/07/2020
NTREIS

NTREIS #14455670

Removed

Schools & Community

Elementary school: 

Cooke

Middle school: 

Unknown

High school: 

Cleburne

School district: 

Cleburne 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

$122,865
Asking price
$299,000
Closing costs (~8% of asking)
-$23,920
Est. remaining loan balance
-$152,215
Cash to seller
$122,865

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

Seller’s Loan History

Lender

Cmg Mortgage Inc

Loan start date

December 2020

Original loan amount

$166,920

Est. remaining balance

$152,215

Interest rate

2.8%

Loan type

FHA, 30 year

Seller

Kelsey Leigh Pollard and Seth Ian Rauschuber

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: 11/08/2024 at 1:40 PM

Listing updated: 11/08/2024 at 11:37 AM

Listed by: Heather Hood, Zeal, REALTORS Phone #: (817) 382-2110

MLS: NTREIS #20762680

NTREIS logo

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