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$489,900

Beds
4
Baths
3.0
sq ft
3,119

1421 Shady Rest Ln, Corinth, TX 76208

1421 Shady Rest Ln

Corinth, TX 76208

  • 37 days on market
    • Price drop $10,000↓
Discover an incredible opportunity to own 1 acre of prime land in Corinth! This unique property features two dwellings: a spacious main home of approx. 2,300 sqft with 3 bedrooms and 2 bathrooms, and a charming guest house approx. 850 sqft with 1 bedroom and 1 bathroom. The main house has undergone significant updates, including reframed structure, new electrical system, plumbing, new windows, exterior doors, siding, and a fresh paint, recessed lighting, new exhaust fans, and a tankless water heater. The expansive wrap-around porch is perfect for outdoor relaxation. With ample space for a shop, garage, or pool, the SF-2 zoning allows for potential rental income from both homes. Right around the corner from Corinth City Hall and The Commons at Agora - a spectacular gathering place that serves as a central hub for community activities, events and festivals! Please note that both dwellings are incomplete and will require finish out -- a perfect opportunity to create your dream home!

Details

Property type

Single Family Residence

Est. home value

$394,929

Lot size

1.0 acres

Price per sq ft

$158

Year built

1956

Annual property taxes

$8,844

Price History

11/14/2024
NTREIS

NTREIS #20755343

Price change
$489,900
-2%
10/16/2024
NTREIS

NTREIS #20755343

Listed
$499,900
07/11/2024
NTREIS

NTREIS #20522297

Removed

Schools & Community

Elementary school: 

Olive Stephens

Middle school: 

Bettye Myers

High school: 

Ryan H S

School district: 

Denton 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

Trident Realty Investments Llc

Loan start date

July 2023

Original loan amount

$524,867

Est. remaining balance

Not provided

Interest rate

6.39%

Loan type

Commercial

Seller

Andrew Shelbourn

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: 11/23/2024 at 5:15 AM

Listing updated: 11/14/2024 at 4:02 PM

Listed by: Kathleen Hays, Dave Perry Miller Real Estate Phone #: (214) 572-1400

MLS: NTREIS #20755343

NTREIS logo

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