tomo logo

$895,000

Beds
3
Baths
2.0
sq ft
1,748

1401 E Mile 3 Road E, Palmhurst, TX 78573

1401 E Mile 3 Road E

Palmhurst, TX 78573

  • 31 days on market
This incredible property, nestled on 4.77 acres in the heart of Palmhurst, is the perfect Texas ranchette, offering a blend of comfort, charm, and privacy. The solid brick home features 3 bedrooms, 2 baths, and a welcoming covered patio, ideal for relaxing or entertaining. Adding to its appeal is a 4-car garage, complete with an upstairs apartment boasting 1 bedroom and 1 bath—perfect for guests. The property also includes a 40x50 barn with utilities, providing endless possibilities for storage, workspace, or agricultural use. Surrounded by mature trees, the property offers a serene, ranch-style atmosphere and is fully gated for added privacy. This unique ranchette is a peaceful retreat in a great location!

Details

Property type

Single Family Residence

Lot size

4.77 acres

Price per sq ft

$513

Year built

1996

Annual property taxes

$1,147

Price History

11/20/2024
McAllenTX

McAllenTX #454259

Listed
$895,000

Schools & Community

Elementary school: 

Midkiff

Middle school: 

Cantu

High school: 

Veterans Memorial H.S.

Community features: 

Gated

High school district: 

Mission ISD

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Quicken Loans Llc

Loan start date

December 2020

Original loan amount

$175,600

Est. remaining balance

$137,604

Interest rate

2.32%

Loan type

New Conventional, 16 year

Seller

Simon Ramon Jr and Belia C Ramon

Lender

Gmac Mortgage Llc

Loan start date

June 2007

Original loan amount

$175,000

Est. remaining balance

Not provided

Interest rate

6.16%

Loan type

Credit Line (Revolving), 22 year

Seller

Simon Ramon Jr and Belia C Ramon

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?

Status: Active

Tomo last checked: 12/22/2024 at 9:55 AM

Listing updated: 11/27/2024 at 9:45 AM

Listed by: Jaime Lee Gonzalez, Keller Williams Realty Rgv Phone #: (956) 928-1155

MLS: McAllenTX #454259

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