tomo logo

$465,000

Beds
4
Baths
3.0
sq ft
2,854

11396 Prairie Lakes Ln, Forney, TX 75126

11396 Prairie Lakes Ln

Forney, TX 75126

  • Pending
    • Price drop $30,000↓
Beautiful four-bedroom, three-bathroom home nestled on a spacious 1.8-acre lot. Features an inground pool and spa, perfect for relaxation and entertainment. The outdoor area is enhanced by a charming fire pit, ideal for cozy gatherings. Additionally, the property boasts a large workshop with electricity, providing ample space for hobbies or projects. The kitchen boasts a massive island gas range three pantries Primary suite has bonus room for those relaxing moments All offers must be submitted at vrmproperties must register as a User, enter the property address, and click on “Start Offer”. 2) This property may qualify for Seller (Vendee). 3) Seller's name is Secretary of Veterans Affairs. Seller DOES NOT pay customary closing costs: including title policy, escrow fees, survey or transfer fees. Proof of funds required on cash transactions; Lender Pre-Approval letter for offers (dated within last 30 days No Survey Available.

Details

Property type

Single Family Residence

Est. home value

$608,164

Lot size

1.79 acres

Price per sq ft

$163

Year built

2001

Annual property taxes

$10,372

Monthly HOA fee

$4.17

Price History

09/18/2024
NTREIS

NTREIS #20589816

Pending
$465,000
09/02/2024
NTREIS

NTREIS #20589816

Price change
$465,000
-6.06%
08/16/2024
NTREIS

NTREIS #20589816

Price change
$495,000
-5.71%

Schools & Community

Elementary school: 

Henderson

Middle school: 

Warren

High school: 

Forney

School district: 

Forney 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

-$147,087
Asking price
$465,000
Closing costs (~8% of asking)
-$37,200
Est. remaining loan balance
-$574,887
Cash to seller
-$147,087

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

Seller’s Loan History

Lender

Guardian Mortgage Co Inc

Loan start date

October 2021

Original loan amount

$614,244

Est. remaining balance

$574,887

Interest rate

2.86%

Loan type

VA, 30 year

Seller

Stoney Burke and Ramona Burke

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: Pending/Under Contract

Tomo last checked: 09/19/2024 at 6:15 AM

Listing updated: 09/18/2024 at 6:19 PM

Listed by: Ray King, Infinity Realty Group of Texas Phone #: (214) 418-6845

MLS: NTREIS #20589816

NTREIS logo

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