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$345,000

Beds
3
Baths
2.0
sq ft
1,479

118 Homestead Dr, Gatesville, TX 76528

118 Homestead Dr

Gatesville, TX 76528

  • 21 days on market
This charming 2.1-acre property offers a perfect blend of country tranquility and modern comfort. The home features a fully updated interior, with stylish finishes and contemporary amenities throughout. Spacious living areas are flooded with natural light, creating a warm and inviting atmosphere. Large, mature trees surround the property, providing both beauty and privacy, while offering plenty of space for outdoor activities or potential expansion. The highlight of the property is the impressive 1200-square-foot shop located at the back, ideal for storage, hobbies, or a home-based business. Whether you're looking for a peaceful retreat, a place to entertain, or room to pursue your passions, this property has it all—ample space, a move-in ready home, and a versatile workshop in a serene, picturesque setting.

Details

Property type

Single Family Residence

Est. home value

$278,077

Lot size

2.10 acres

Price per sq ft

$234

Year built

1991

HOA

No

Price History

12/02/2024
CentralTexas

CentralTexas #563790

Listed
$345,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

None

High school district: 

Gatesville 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

$82,847
Asking price
$345,000
Closing costs (~8% of asking)
-$27,600
Est. remaining loan balance
-$234,553
Cash to seller
$82,847

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

Seller’s Loan History

Lender

Provident Funding Associates Lp

Loan start date

July 2023

Original loan amount

$238,000

Est. remaining balance

$234,553

Interest rate

6.71%

Loan type

New Conventional, 30 year

Seller

Thomas Reynolds and Patsy Reynolds

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 7:25 PM

Listing updated: 12/04/2024 at 3:35 PM

Listed by: Barbara Cox, All City Real Estate Phone #: (866) 277-6005

MLS: CentralTexas #563790

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