tomo logo

$444,000

Beds
5
Baths
5.0
sq ft
2,972

122 Touchstone Rd, Wylie, TX 75098

122 Touchstone Rd

Wylie, TX 75098

  • 122 days on market
    • Price drop $5,000↓
Primary residence PLUS an established INCOME PRODUCING PROPERTY! Average income for short term rental is 1200 - 1600 per month, per seller. NO HOA! No City Taxes! Near Lake Lavon and Lake Ray Hubbard, Home sits on a fenced LARGE Lot total 0.36 acre! Great floorplan that is ideal for entertaining. Main home includes 2 owner suites with large bathrooms and walk in closets. The 2-car garage has an additional not included finished-out space that’s almost 500 SQFT with a laundry hook up that can be used for a man cave, or storage, or workshop! A one-bedroom apartment that has a kitchen, bathroom, living area, and balcony with its own access that is currently being used and an income producing property, but could be used as a mother-in-law suite, or long term rental. Furniture is included in the short term rental! Hand scrapped hardwood floor, Low E windows, white shaker cabinets, SS appliances, and quartz countertops! Open kitchen, dining room, and large living room with fireplace.

Details

Property type

Single Family Residence

Est. home value

$504,353

Lot size

0.356 acres

Price per sq ft

$150

Year built

1974

Annual property taxes

$7,277

Price History

12/18/2024
NTREIS

NTREIS #20709090

Price change
$444,000
-1.11%
11/22/2024
NTREIS

NTREIS #20709090

Price change
$449,000
-0.22%
11/13/2024
NTREIS

NTREIS #20709090

Price change
$450,000
-1.1%

Schools & Community

Elementary school: 

Akin

Middle school: 

Unknown

High school: 

Wylie East

School district: 

Wylie 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

$42,900
Asking price
$444,000
Closing costs (~8% of asking)
-$35,520
Est. remaining loan balance
-$365,580
Cash to seller
$42,900

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

Seller’s Loan History

Lender

Colonial National Mortgage

Loan start date

March 2023

Original loan amount

$373,600

Est. remaining balance

$365,580

Interest rate

6.13%

Loan type

New Conventional, 30 year

Seller

Steven Liscom and Miriam Liscom

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?

Similar Homes Nearby

NTREIS
$450,000
5 bd
|
3 ba
|
3,443 sq ft
|
House

700 Rainsville Dr, Wylie, TX 75098

Price drop
NTREIS
$399,000
5 bd
|
3 ba
|
2,990 sq ft
|
House

455 Grant Ln, Lavon, TX 75166

Price drop
NTREIS
$510,000
5 bd
|
3 ba
|
2,824 sq ft
|
House

7104 Harlan Dr, Rockwall, TX 75087

Status: Active

Tomo last checked: 12/23/2024 at 1:20 PM

Listing updated: 12/18/2024 at 11:37 AM

Listed by: Jason Otts, Keller Williams Realty Allen Phone #: (972) 747-5100

MLS: NTREIS #20709090

NTREIS logo

Recently listed in Wylie

$619,900|5 bd|5.0 ba|House
$620,000|5 bd|4.0 ba|House
$520,000|3 bd|2.0 ba|House
$320,000|3 bd|2.0 ba|House
$586,000|4 bd|3.0 ba|House
$350,000|3 bd|2.0 ba|House
$716,890|6 bd|5.0 ba|House
$456,000|4 bd|3.0 ba|House
$320,000|3 bd|2.0 ba|House
$724,950|4 bd|4.0 ba|House