tomo logo

$617,500

Beds
3
Baths
3.0
sq ft
2,185

1301 Davis Ln, Terrell, TX 75160

1301 Davis Ln

Terrell, TX 75160

  • 84 days on market
Nestled in a serene rural setting, this charming home on 7.82 acres offers the perfect blend of natural beauty and modern comfort. Surrounded by mature trees and featuring a gentle creek, the property provides a tranquil escape from the everyday hustle. The expansive lot includes RV parking and a spacious workshop with electricity Inside, the home is light and bright, thanks to numerous updates that enhance its appeal. The gourmet kitchen is a standout feature, designed for both functionality and style with high-end appliances and ample counter space. An atrium off the living area adds an elegant touch, perfect for relaxing or indoor gardening while enjoying views of the lush landscape. The home includes three well-sized bedrooms, with the option to convert the office into a fourth bedroom to suit your needs. The master bedroom offers a peaceful retreat, and the updated bathroom complements the home’s modern amenities. TEXT AGENT WITH ANY QUESTION ABOUT LISTING

Details

Property type

Single Family Residence

Est. home value

$570,973

Lot size

7.82 acres

Price per sq ft

$283

Year built

1984

Annual property taxes

$12,895

Price History

08/13/2024
NTREIS

NTREIS #20699656

Listed
$617,500
02/21/2023
NTREIS

NTREIS #20240147

Removed

Schools & Community

Elementary school: 

Gilbert Willie, Sr.

Middle school: 

Furlough

High school: 

Unknown

School district: 

Terrell 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

-$5,719
Asking price
$617,500
Closing costs (~8% of asking)
-$49,400
Est. remaining loan balance
-$573,819
Cash to seller
-$5,719

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

Seller’s Loan History

Lender

Mortgage Research Center Llc

Loan start date

February 2023

Original loan amount

$585,000

Est. remaining balance

$573,819

Interest rate

6.48%

Loan type

VA, 30 year

Seller

Claude Cole and Leanna Cole

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: 11/05/2024 at 5:35 PM

Listing updated: 08/14/2024 at 4:30 PM

Listed by: Tricia Delgado, O'Malley Delgado Realty Phone #: (972) 896-5986

MLS: NTREIS #20699656

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