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$269,000

Beds
4
Baths
2.0
sq ft
2,408

1401 Highway 180 W, Mineral Wells, TX 76067

1401 Highway 180 W

Mineral Wells, TX 76067

  • 179 days on market
    • Price drop $30,900↓
Oversized lot with approximately 270' of Highway 180 frontage. Finish out the home for investment property or build income producing properties on the large Hwy 180 frontage. Home has been remodeled with new paint and new vinyl plank flooring. Vehicle access off side street allows plenty of parking. Small storage shed on the property. Zoned General Retail per City of Mineral Wells.

Details

Property type

Single Family Residence

Est. home value

$325,733

Lot size

0.647 acres

Price per sq ft

$112

Year built

1948

Annual property taxes

$5,873

Price History

08/04/2024
NTREIS

NTREIS #20612801

Price change
$269,000
-10.3%
05/09/2024
NTREIS

NTREIS #20612801

Listed
$299,900
02/01/2024
NTREIS

NTREIS #20482248

Removed

Schools & Community

Elementary school: 

Lamar

Middle school: 

Mineralwel

High school: 

Mineralwel

School district: 

Mineral Wells 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

$178,525
Asking price
$269,000
Closing costs (~8% of asking)
-$21,520
Est. remaining loan balance
-$68,955
Cash to seller
$178,525

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

Seller’s Loan History

Lender

Amcap Mortgage Ltd

Loan start date

March 2016

Original loan amount

$84,442

Est. remaining balance

$68,955

Interest rate

3.72%

Loan type

FHA, 30 year

Seller

Keith Stout and Narressa Clark

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 8:05 AM

Listing updated: 08/04/2024 at 5:40 PM

Listed by: Chase Rutledge, Rutledge Realty Group, LLC Phone #: (817) 319-4905

MLS: NTREIS #20612801

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