tomo logo

$3,475,000

Beds
5
Baths
5.0
sq ft
5,048

118 King Lance Ct, Scroggins, TX 75480

118 King Lance Ct

Scroggins, TX 75480

  • 83 days on market
    • Price drop $14,000↓
An incredible main lake waterfront home has come available on Lake Cypress Springs. 118 King Lance is a large main lake point lot that has sweeping views of beautiful Lake Cypress Springs. The cedar and stone lodge style home anchors this amazing heavily treed lot. The property has 298' of waterfront shoreline with a large 3 stall boathouse with 2 boat bays and a separate personal watercraft bay. The 3 level home has 5 bedrooms, 4 baths, and great exterior living spaces. The property has undergone an extensive renovation by LRO Residential and is now ready for its next owners to enjoy this amazing waterfront retreat.

Details

Property type

Single Family Residence

Est. home value

$3,216,640

Lot size

0.513 acres

Price per sq ft

$689

Year built

2006

Monthly HOA fee

$66.67

Price History

08/31/2024
NTREIS

NTREIS #20655015

Price change
$3,475,000
-0.4%
08/03/2024
NTREIS

NTREIS #20655015

Price change
$3,489,000
-0.17%
06/28/2024
NTREIS

NTREIS #20655015

Listed
$3,495,000

Schools & Community

Elementary school: 

Mt Vernon

Middle school: 

Mt Vernon

High school: 

Mt Vernon

Community features: 

Clubhouse, Fishing, Gated, Park, Playground, Tennis Court(s)

School district: 

Mount Vernon ISD

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Homebank Texas

Loan start date

December 2021

Original loan amount

$1,800,000

Est. remaining balance

Not provided

Interest rate

3.05%

Loan type

Commercial, 5 year

Seller

125 King Lance Llc

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: 09/19/2024 at 7:00 PM

Listing updated: 09/18/2024 at 9:53 AM

Listed by: Les Owens, LRO Residential Development Phone #: (214) 676-4119

MLS: NTREIS #20655015

NTREIS logo

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