tomo logo

$675,000

Beds
4
Baths
2.0
sq ft
2,253

135 Little River Bnd, Mabank, TX 75156

135 Little River Bnd

Mabank, TX 75156

  • 1 day on market
Escape to this breathtaking waterfront lake house on Cedar Creek Lake, where luxury meets relaxation! This income-producing gem is ideal for both personal retreats and short-term rentals. With a gross revenue of $60,000 + over the past 12 months!! Step inside to find a seamless blend of style and innovation, with smart technology running throughout for ultimate convenience. The open layout flows effortlessly, perfect for gatherings with family and friends. Enjoy the spacious gameroom, ideal for entertaining, and step outside to relax around the cozy fire pit under the stars or take in the view from the balcony off of the master suite! The private boat dock boasts an upper deck with stunning lake views, perfect for sunbathing or evening cocktails. Love fishing? You’re in luck with deep water access right at your doorstep! A screened porch invites you to unwind with peaceful lake views. Plus, the refreshing summer south wind blows across the lake, cooling the yard by about 15 degrees for an unbeatable outdoor experience. Whether you’re casting a line, enjoying water sports, or just soaking in the views, this lake house offers an unbeatable Cedar Creek Lake experience. Make this retreat your own!

Details

Property type

Single Family Residence

Est. home value

$710,144

Lot size

6,141.96 sq ft

Price per sq ft

$300

Year built

1990

Annual property taxes

$9,345

Monthly HOA fee

$14.58

Price History

11/06/2024
NTREIS

NTREIS #20770505

Listed
$675,000
12/08/2021
NTREIS

NTREIS #14702224

Removed
02/22/2021
NTREIS

NTREIS #14476526

Removed

Schools & Community

Elementary school: 

Eustace

Middle school: 

Eustace

High school: 

Eustace

Community features: 

Pool, Park

School district: 

Eustace 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

$208,194
Asking price
$675,000
Closing costs (~8% of asking)
-$54,000
Est. remaining loan balance
-$412,806
Cash to seller
$208,194

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

Seller’s Loan History

Lender

V I P Mortgage Inc

Loan start date

December 2021

Original loan amount

$440,000

Est. remaining balance

$412,806

Interest rate

3.09%

Loan type

New Conventional, 30 year

Seller

Iris Jeffreys and Brett Jeffreys

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: 11/08/2024 at 6:25 AM

Listing updated: 11/07/2024 at 6:13 AM

Listed by: Dewayne Smart, Smart Realty Phone #: (817) 999-3067

MLS: NTREIS #20770505

NTREIS logo

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