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$849,000

Beds
3
Baths
3.0
sq ft
2,858

113 Cole Rd, Red Oak, TX 75154

113 Cole Rd

Red Oak, TX 75154

  • 204 days on market
    • Price drop $50,000↓
Welcome to your own private oasis just south of DFW! Gorgeous home with gated entrance and all the features you could want. If you want to operate a business from your TWO shops, raise horses, or anything that requires space, this is the place. This peaceful property is complete with a creek, partially wooded area and open grass making it perfect for any type of gathering. Modern custom kitchen, luxurious bathrooms, LVT wood flooring, real oak trim, solid wood doors, and modern security features. Rooms are oversized, and each bedroom is large enough to fit king beds. The game room is massive with lots of room for entertaining, or for setting up a studio or office. The firepit and gazebo with adjustable louvres in the outdoor living area provides year round comfort. The large shop is complete with a 2 post automotive lift and plenty of space. Both shops are equipped with AC units. Covered parking for 8 or more vehicles. Come see why Red Oak is the place for you!

Details

Property type

Single Family Residence

Est. home value

$831,892

Lot size

12.067 acres

Price per sq ft

$298

Year built

1995

Annual property taxes

$13,066

Price History

11/12/2024
NTREIS

NTREIS #20631109

Price change
$849,000
-5.56%
09/13/2024
NTREIS

NTREIS #20631109

Price change
$899,000
-2.81%
06/01/2024
NTREIS

NTREIS #20631109

Listed
$925,000

Schools & Community

Elementary school: 

Red Oak

Middle school: 

Red Oak

High school: 

Red Oak

School district: 

Red Oak 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

$154,155
Asking price
$849,000
Closing costs (~8% of asking)
-$67,920
Est. remaining loan balance
-$626,925
Cash to seller
$154,155

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

September 2022

Original loan amount

$647,200

Est. remaining balance

$626,925

Interest rate

5.51%

Loan type

New Conventional, 30 year

Seller

Birgit Angela Steffens Grothe and Birgit Angela Steffens Living Trust

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: 12/23/2024 at 12:20 AM

Listing updated: 11/12/2024 at 10:47 PM

Listed by: James Spence, Stepstone Realty, LLC Phone #: (512) 213-0195

MLS: NTREIS #20631109

NTREIS logo

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