tomo logo

$899,000

Beds
3
Baths
3.0
sq ft
2,010

125 Island Park Dr, Gun Barrel City, TX 75156

125 Island Park Dr

Gun Barrel City, TX 75156

  • 141 days on market
    • Price drop $51,000↓
It's all about the view! This charming home sits on 2 lots and has breathtaking lake views! Sip your morning coffee under the large, covered patio and enjoy the evening sunset from the double-decker dock that boasts a double boat slip for the water toys. Plenty of space for entertaining including a hip wet bar area. An oversized garage, extra storage, and a large circle driveway for extra parking helps check all the boxes for this well-maintained lake retreat!

Details

Property type

Single Family Residence

Est. home value

$833,467

Lot size

0.376 acres

Price per sq ft

$448

Year built

1983

Annual property taxes

$9,122

Monthly HOA fee

$8.33

Price History

06/26/2024
NTREIS

NTREIS #20592408

Price change
$899,000
-5.37%
06/10/2024
NTREIS

NTREIS #20592408

Price change
$950,000
-4.52%
05/21/2024
NTREIS

NTREIS #20592408

Price change
$995,000
-13.85%

Schools & Community

Elementary school: 

Mabank

Middle school: 

Unknown

High school: 

Mabank

School district: 

Mabank 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

$209,369
Asking price
$899,000
Closing costs (~8% of asking)
-$71,920
Est. remaining loan balance
-$617,711
Cash to seller
$209,369

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

Seller’s Loan History

Lender

First United Bank & Trust Co

Loan start date

October 2021

Original loan amount

$660,000

Est. remaining balance

$617,711

Interest rate

2.86%

Loan type

New Conventional, 30 year

Seller

Billy M Irby and Jeffrey S Broadway

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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219 Admiral Dr, Gun Barrel City, TX 75156

Status: Active

Tomo last checked: 09/19/2024 at 6:50 PM

Listing updated: 08/16/2024 at 10:50 AM

Listed by: Brittani Firestone, JPAR - Plano Phone #: (972) 836-9295

MLS: NTREIS #20592408

NTREIS logo

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