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$84,900

Beds
2
Baths
1.0
sq ft
1,340

122 3rd St, Lake City, TX 78368

122 3rd St

Lake City, TX 78368

  • 99 days on market
Motivated Seller! No owner financing. Welcome to this promising 2-bedroom, 1-bath home, perfect for those ready to bring their vision to life. With a significant remodel started but not finished, you can save time and money by completing the updates yourself. The spacious layout includes a large room that can be divided to create a third bedroom, transforming this into a potential 3-bedroom home. The expansive yard offers ample space for outdoor activities and future projects, while the separate garage needs repairs, providing another customization opportunity. This property is a fantastic investment for those eager to create their dream home. Don’t miss out on the chance to make it yours!

Details

Property type

Single Family Residence

Lot size

0.41 acres

Price per sq ft

$64

Year built

1955

HOA

No

Price History

08/15/2024
SouthTexasMLS

SouthTexasMLS #445849

Listed
$84,900

Schools & Community

Elementary school: 

Mathis

Middle school: 

Mathis

High school: 

Mathis

High school district: 

Mathis 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

Aspire Financial Inc

Loan start date

March 2014

Original loan amount

$109,500

Est. remaining balance

Not provided

Interest rate

2.27%

Loan type

Reverse Mortgage (Home Equity Conversion Mortgage)

Seller

Jim Elam

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: 11/22/2024 at 11:20 PM

Listing updated: 10/07/2024 at 2:03 PM

Listed by: Robert Ellis, KW Coastal Bend - Island Phone #: (361) 949-8282

MLS: SouthTexasMLS #445849

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The information being provided by South Texas MLS is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this website comes from the Internet Data Exchange (IDX) program of the South Texas MLS. Tomo Real Estate is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Tomo Real Estate, a broker participant of South Texas MLS. This website may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this website. The accuracy of all information, regardless of source, including but not limited to open house information, square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by South Texas MLS and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright © 2024 South Texas MLS. All rights reserved.