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$175,000

Beds
2
Baths
2.0
sq ft
988

114 W Damon St, Terrell, TX 75160

114 W Damon St

Terrell, TX 75160

  • 175 days on market
    • Price drop $10,000↓
Looking for your next investment property? Check out this one! The sweet little home sits on 0.461 acres and offers two bedrooms and two full baths, one as an ensuite and walk in shower - new carpet in bedrooms and living area with wood floors under that could be sanded and stained. The huge family room at the front of the home has a great picture window and just off that is the kitchen with tiled countertops, a cozy space for an eat in kitchen table and a separate utility room that opens to the fenced in back yard. The generous size of the outbuilding could make it a small apartment, man cave or detached game room. Most of the work has been done already with some work still to go, but don't miss this opportunity to build wealth with real estate! Please refer to the specific Offer Instructions in Transaction Desk before submitting an offer. SOLD AS IS

Details

Property type

Single Family Residence

Est. home value

$151,782

Lot size

0.461 acres

Price per sq ft

$178

Year built

1945

Price History

01/09/2025
NTREIS

NTREIS #20690178

Price change
$175,000
-5.41%
12/24/2024
NTREIS

NTREIS #20690178

Listed
$185,000
12/13/2024
NTREIS

NTREIS #20690178

Pending
$185,000

Schools & Community

Elementary school: 

Wood

Middle school: 

Furlough

High school: 

Terrell

School district: 

Terrell 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

$141,097
Asking price
$175,000
Closing costs (~8% of asking)
-$14,000
Est. remaining loan balance
-$19,903
Cash to seller
$141,097

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

Seller’s Loan History

Lender

The American National Bank Of Texas

Loan start date

December 2005

Original loan amount

$34,400

Est. remaining balance

$19,903

Interest rate

6.1%

Loan type

New Conventional, 30 year

Seller

Fausto Sanchez and Angela Sanchez

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: 01/23/2025 at 3:30 AM

Listing updated: 01/16/2025 at 5:42 PM

Listed by: Sara Taylor, Ebby Halliday, REALTORS Phone #: (972) 771-8163

MLS: NTREIS #20690178

NTREIS logo

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