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$310,000

Beds
3
Baths
2.0
sq ft
1,856

1472 County Road 401, Merkel, TX 79536

1472 County Road 401

Merkel, TX 79536

  • 148 days on market
    • Price drop $5,000↓
Home sweet home with this 3 bed, 2 bath home on 5.911 acres. Less than 20 minutes to Dyess but with a country feel! This is a dove hunter's dream with a dove pond and field for hunting, just out your back door. Step inside to discover a large open living area with a wood burning fireplace and updated flooring. The kitchen and dining features a large pantry, granite countertops & all electric appliances, making meal prep a breeze. Enjoy the outdoors on the huge covered patio overlooking the property's large backyard and mature trees. No shortage of storage and garage space here, with an attached two car garage, with large storage room and additional detached garage spaces in rear. Detached spaces have electricity and both east and west doors, on both. Also great workshop space. The home offers updated flooring, updated guest bath, new roof, a water well, septic, and city water for added convenience. Buyer to verify measurements and well GPM.

Details

Property type

Single Family Residence

Est. home value

$282,665

Lot size

5.911 acres

Price per sq ft

$168

Year built

1977

Annual property taxes

$3,913

Price History

08/29/2024
NTREIS

NTREIS #20643490

Price change
$310,000
-1.59%
08/15/2024
NTREIS

NTREIS #20643490

Price change
$315,000
-3.08%
08/02/2024
NTREIS

NTREIS #20643490

Price change
$325,000
-1.07%

Schools & Community

Elementary school: 

Merkel

Middle school: 

Merkel

High school: 

Merkel

School district: 

Merkel 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

$64,904
Asking price
$310,000
Closing costs (~8% of asking)
-$24,800
Est. remaining loan balance
-$220,296
Cash to seller
$64,904

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

Seller’s Loan History

Lender

Loandepot.Com Llc

Loan start date

June 2022

Original loan amount

$228,000

Est. remaining balance

$220,296

Interest rate

5.3%

Loan type

New Conventional, 30 year

Seller

Robert Schwab

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: 11/13/2024 at 9:35 PM

Listing updated: 10/17/2024 at 9:22 AM

Listed by: Kristyn Kimbrell, Ekdahl-Nelson Real Estate STAMFORD Phone #: (325) 773-3676

MLS: NTREIS #20643490

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