tomo logo

$725,000

Beds
3
Baths
3.0
sq ft
1,802

1458 N Lakeview Dr, Palo Pinto, TX 76484

1458 N Lakeview Dr

Palo Pinto, TX 76484

  • 94 days on market
    • Price drop $24,900↓
Stunning contemporary lake front home on Palo Pinto Creek Reservoir. Easy drive from the DFW metroplex, yet secluded in a rural, country setting. The home could be used as a retirement home, weekender, or B&B. Just a little under an acre of wooded land and approximately 200 ft. of lake front. Newly constructed in 2022 with a great finish out. Covered balconies off the living room, master suite and outside patio give fantastic views of the water. The lower level includes the living room, with gas fireplace, bedroom, full bath, and kitchen. All stainless appliances and gas cook top. There is a framed in elevator shaft for later installation. The second level has the master suite with full bath and a bedroom with the third bath. Outside a swim deck is just a short walk away. There is a 24x30 insulated workshop that contains a full bath and washer and dryer hook ups. Next to the shop is RV parking with hook ups. Additionally, there is covered parking for boats, camper or vehicle.

Details

Property type

Single Family Residence

Est. home value

$738,733

Lot size

0.976 acres

Price per sq ft

$403

Year built

2022

Annual property taxes

$4,785

Price History

08/19/2024
NTREIS

NTREIS #20640426

Price change
$725,000
-3.32%
06/17/2024
NTREIS

NTREIS #20640426

Listed
$749,900
05/23/2023
NTREIS

NTREIS #20273992

Removed

Schools & Community

Elementary school: 

Santo

Middle school: 

Santo

High school: 

Santo

School district: 

Santo 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

$253,166
Asking price
$725,000
Closing costs (~8% of asking)
-$58,000
Est. remaining loan balance
-$413,834
Cash to seller
$253,166

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

Seller’s Loan History

Lender

First National Bank Of Granbury

Loan start date

May 2023

Original loan amount

$420,000

Est. remaining balance

$413,834

Interest rate

6.28%

Loan type

New Conventional, 30 year

Seller

John Schrader and Renee H Schrader

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: 09/20/2024 at 12:40 AM

Listing updated: 08/25/2024 at 4:09 PM

Listed by: Charles Mercer, Mercer Team Phone #: (817) 716-0421

MLS: NTREIS #20640426

NTREIS logo

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