tomo logo

$850,000

Beds
3
Baths
2.0
sq ft
2,171

116 1st Oak Dr, Mabank, TX 75156

116 1st Oak Dr

Enchanted Oaks, TX 75156

  • 8 days on market
Discover serene lakefront living in this charming 3 bed, 2 bath home. Boasting over 2100 square foot interior, this updated house offers spacious comfort of a modern open-plan living & dining area with a custom kitchen and a large dine in counter, high ceilings and lots of windows to enjoy the stunning outside views. The primary bedroom features a private retreat, vaulted ceiling, garden tub, dual vanities and walk in shower. Step outside to enjoy your own personal oasis with a waterfront boat dock, swim platform and stone fire pit perfect for leisurely days or entertaining guests. Nestled in the peaceful community of Enchanted Oaks, enjoy a tranquil lifestyle with a generous outdoor space, a composite deck and a substantial lot. Embrace a life where every day feels like a vacation!

Details

Property type

Single Family Residence

Est. home value

$759,111

Lot size

0.36 acres

Price per sq ft

$392

Year built

1998

Annual property taxes

$12,832

Price History

02/15/2025
NTREIS

NTREIS #20843951

Listed
$850,000
04/20/2023
NTREIS

NTREIS #20266973

Removed

Schools & Community

Elementary school: 

Eustace

Middle school: 

Eustace

High school: 

Eustace

Community features: 

Pool, Park, Playground

School district: 

Eustace 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

$620,365
Asking price
$850,000
Closing costs (~8% of asking)
-$68,000
Est. remaining loan balance
-$161,635
Cash to seller
$620,365

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

Seller’s Loan History

Lender

Wells Fargo Bank Na

Loan start date

April 2007

Original loan amount

$257,600

Est. remaining balance

$161,635

Interest rate

6.22%

Loan type

Not Provided, 30 year

Seller

Robert A Miller Jr and Linda Nicholson

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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161 Ben Lacy Dr, Mabank, TX 75156

Status: Active

Tomo last checked: 02/23/2025 at 9:40 PM

Listing updated: 02/15/2025 at 9:13 PM

Listed by: Beverly Davis, Elsie Halbert Real Estate, LLC Phone #: (972) 962-2110

MLS: NTREIS #20843951

NTREIS logo

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