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$1,390,000

Beds
3
Baths
3.0
sq ft
2,915

1505 El Campo Dr, Dallas, TX 75218

1505 El Campo Dr

Dallas, TX 75218

  • 14 days on market
    • Price drop $80,000↓
Huge Guest House on property! Gorgeous Casa Linda Estates home of stone and modern stucco. The entrance features a cozy fireplace & striking barrel-vaulted ceilings. Oversized master suite offers access to private covered deck and lily pond, while master bath boasts separate vanities, free-standing tub, frameless glass shower, and walk-in closet. Big laundry room w dog bath, 2 addtl bedrooms, 1 with ensuite bath. A massive home add-on in 2001, the chef’s kitchen w island & bar opens to a large living-dining area w high ceilings & walls of windows opening into huge .81 acre backyard with updates of a wraparound deck, pool, electric gate & new roof. Enjoy nearly 4,000 combined sq.footage with your large 2-story guesthouse renovated in 2021 w private driveway & entrance, full kitchen, bedroom, loft area, 1.5 baths, providing comfort & privacy for guests or rental income. Nice city park at end of street. This home masterfully combines classic elegance with modern amenities.

Details

Property type

Single Family Residence

Est. home value

$1,062,719

Lot size

0.81 acres

Price per sq ft

$477

Year built

1945

Price History

09/19/2024
NTREIS

NTREIS #20721197

Price change
$1,390,000
-5.44%
09/05/2024
NTREIS

NTREIS #20721197

Listed
$1,470,000
08/31/2020
NTREIS

NTREIS #14397408

Removed

Schools & Community

Neighborhood: 

Northeast Dallas

Elementary school: 

Sanger

Middle school: 

Gaston

High school: 

Adams

School district: 

Dallas 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

$813,144
Asking price
$1,390,000
Closing costs (~8% of asking)
-$111,200
Est. remaining loan balance
-$465,656
Cash to seller
$813,144

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

Seller’s Loan History

Lender

Ntfn Inc

Loan start date

August 2020

Original loan amount

$510,400

Est. remaining balance

$465,656

Interest rate

2.98%

Loan type

New Conventional, 30 year

Seller

Michael Benjamin Tobolowsky and Lacey Dawn Arrington

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 1:45 PM

Listing updated: 09/20/2024 at 10:34 AM

Listed by: Jonathan Tobolowsky, Low Sky Real Estate Co Phone #: (469) 855-5858

MLS: NTREIS #20721197

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