tomo logo

$350,000

Beds
3
Baths
2.0
sq ft
1,264

148 Cottonwood Trl, Gun Barrel City, TX 75156

148 Cottonwood Trl

Gun Barrel City, TX 75156

  • 103 days on market
    • Price drop $27,000↓
Welcome to your fully renovated (& possibly furnished) Texas lakeside getaway with subdivision boat ramp access! Nestled in a peaceful, well-maintained neighborhood just one street from Cedar Creek Lake, this home perfectly blends tranquility & convenience—ideal for weekend getaways, retirement, or year-round enjoyment. A gated driveway with large single bay garage & workshop provides ample parking for vehicles, boats, or RVs. Enjoy the wrap-around covered porch & spacious fully fenced yard. The kitchen features new appliances, marble countertops, & an island. The cozy living room, complete with sophisticated wet bar, flows to the kitchen & dining area perfectly for entertaining. A full bath & bedroom with large storage closet under the stairs, utility area, & access to the new back deck are also on the first floor. The custom stairs lead to a magical reading nook, full bath, second guest room, & a spacious primary bedroom WITH access to a serene rooftop balcony overlooking the lake!!!

Details

Property type

Single Family Residence

Est. home value

$202,255

Lot size

8,799.12 sq ft

Price per sq ft

$277

Year built

1963

Annual property taxes

$3,003

Price History

12/05/2024
NTREIS

NTREIS #20723878

Price change
$350,000
-7.16%
09/10/2024
NTREIS

NTREIS #20723878

Listed
$377,000
04/13/2022
NTREIS

NTREIS #14766793

Removed

Schools & Community

Elementary school: 

Mabank

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

$207,935
Asking price
$350,000
Closing costs (~8% of asking)
-$28,000
Est. remaining loan balance
-$114,065
Cash to seller
$207,935

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

Seller’s Loan History

Lender

Cherry Creek Mortgage Co Inc

Loan start date

April 2022

Original loan amount

$120,000

Est. remaining balance

$114,065

Interest rate

3.89%

Loan type

New Conventional, 30 year

Seller

Latonya Pisors and Micah Pisors

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: 12/23/2024 at 7:40 AM

Listing updated: 12/05/2024 at 9:47 PM

Listed by: Katrina Mccormick, JPAR Dallas Phone #: (972) 836-9295

MLS: NTREIS #20723878

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Recently listed in Gun Barrel City