tomo logo

$489,600

Beds
3
Baths
3.0
sq ft
1,674

1341 Madison Ave, Flower Mound, TX 75028

1341 Madison Ave

Flower Mound, TX 75028

  • 44 days on market
    • Price drop $7,400↓
Welcome to this exquisite 3-bedroom, 2.5 bath luxury townhome located in the highly desirable Villas at Southgate. Designed for a low-maintenance lifestyle, this interior home is perfect for those seeking a blend of comfort, convenience, & elegance. The open-concept layout provides a seamless flow between the living area & a modern kitchen with quartz countertops, ample cabinet space and modern appliances. The 2nd floor features a spacious primary bedroom with 2 walk-in closets. Two secondary bedrooms with bath are light, bright and spacious. Additional open sq. footage upstairs can be used for multiple purposes. HOA fees include exterior maintenance & insurance for structure & roof. The ideal location within the community protects you from traffic noise from surrounding streets & allows you to enjoy its proximity to green space, club house & community pool. Easy access to major highways, minutes from DFW airport and located between Dallas and Ft. Worth. Come and See! Move-In Ready!

Details

Property type

Townhouse

Est. home value

$474,692

Lot size

1,916.64 sq ft

Price per sq ft

$293

Year built

2022

Annual property taxes

$9,302

Monthly HOA fee

$341

Price History

06/14/2024
NTREIS

NTREIS #20626693

Price change
$489,600
-1.49%
05/24/2024
NTREIS

NTREIS #20626693

Listed
$497,000
09/27/2022
NTREIS

NTREIS #20101837

Removed

Schools & Community

Elementary school: 

Bluebonnet

Middle school: 

Shadow Ridge

High school: 

Flower Mound

Community features: 

Pool, Clubhouse, Playground, Sidewalks

School district: 

Lewisville 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

$103,928
Asking price
$489,600
Closing costs (~8% of asking)
-$39,168
Est. remaining loan balance
-$346,504
Cash to seller
$103,928

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

Seller’s Loan History

Lender

Wells Fargo Bank Na

Loan start date

September 2022

Original loan amount

$355,500

Est. remaining balance

$346,504

Interest rate

5.22%

Loan type

New Conventional, 30 year

Seller

Elizabeth Loretta Romero and Mark J Romero

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: 07/07/2024 at 5:35 PM

Listing updated: 06/29/2024 at 3:13 PM

Listed by: Mary Lanier, RE/MAX Trinity Phone #: (817) 310-5200

MLS: NTREIS #20626693

NTREIS logo

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