tomo logo

$424,999

Beds
4
Baths
3.0
sq ft
2,262

141 Magellan Loop, Mabank, TX 75156

141 Magellan Loop

Payne Springs, TX 75156

  • 92 days on market
    • Price drop $1↓
Nestled in the Del Mar Cedar Creek Lake community, this home offers spacious living on over a half acre surrounded by trees. The cozy living room welcomes with a custom fireplace for relaxing evenings. The eat-in kitchen boasts custom cabinetry, sleek stone countertops, SS appliances, & breakfast bar ideal for busy mornings on the go. The primary ensuite is a retreat with ample natural light, oversized master bath with garden tub, dual vanities, & walk-in closet designed for organization. Upstairs, additional bedrooms offer privacy. Enjoy the outdoor lifestyle with 2 covered patios, perfect for entertaining, & BONUS storage shed. With its curb appeal, this home sits on 4 lots, providing plenty of space, including covered parking. Just about an hour from Dallas, Mabank offers small-town charm near the lake, making it a perfect escape. Cedar Creek Lake is one of the largest lakes in Texas known for boating & bass fishing. This home is a true gem - Proudly make it Your Piece of Texas!

Details

Property type

Single Family Residence

Est. home value

$390,363

Lot size

0.55 acres

Price per sq ft

$188

Year built

2018

Annual property taxes

$4,531

Monthly HOA fee

$9

Price History

12/03/2024
NTREIS

NTREIS #20697021

Price change
$424,999
10/23/2024
NTREIS

NTREIS #20697021

Price change
$425,000
-5.56%
09/21/2024
NTREIS

NTREIS #20697021

Listed
$450,000

Schools & Community

Elementary school: 

Central

Middle school: 

Unknown

High school: 

Mabank

School district: 

Mabank 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

$197,715
Asking price
$424,999
Closing costs (~8% of asking)
-$34,000
Est. remaining loan balance
-$193,284
Cash to seller
$197,715

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

Seller’s Loan History

Lender

Fidelity Bank

Loan start date

May 2020

Original loan amount

$213,750

Est. remaining balance

$193,284

Interest rate

3.36%

Loan type

New Conventional, 30 year

Seller

Jeremy Broccck

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: 12/22/2024 at 9:00 PM

Listing updated: 12/03/2024 at 11:07 AM

Listed by: Bill Moomaw, Regal, REALTORS Phone #: (972) 771-6970

MLS: NTREIS #20697021

NTREIS logo

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