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$1,800,000

Beds
3
Baths
2.0
sq ft
1,232

15566 FM 428, Celina, TX 75009

15566 FM 428

Celina, TX 75009

  • 23 days on market
5.02 acres in the Booming Celina, Prosper area with approximately 280 feet of frontage on FM 428. This property is prime for commercial or residential development. It is directly across FM 428 from a large new subdivision currently being built. There is a cute 3 br 2 bath home on the property that could be leased out until Zoning changes. Property is .75 miles South of the Planned Denton County Outer Loop so location couldn't be better for an Investment.

Details

Property type

Single Family Residence

Lot size

5.02 acres

Price per sq ft

$1,462

Year built

1994

Price History

08/27/2024
NTREIS

NTREIS #20714040

Listed
$1,800,000

Schools & Community

Elementary school: 

O'Dell

Middle school: 

Jerry & Linda Moore

High school: 

Celina

School district: 

Celina 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

$1,536,390
Asking price
$1,800,000
Closing costs (~8% of asking)
-$144,000
Est. remaining loan balance
-$119,610
Cash to seller
$1,536,390

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

Seller’s Loan History

Lender

Gateway Mortgage Group Llc

Loan start date

March 2018

Original loan amount

$135,993

Est. remaining balance

$119,610

Interest rate

4.32%

Loan type

New Conventional, 30 year

Seller

Laurie A Mitchell and Laura Ann Mitchell

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: 09/19/2024 at 11:25 PM

Listing updated: 08/28/2024 at 12:19 AM

Listed by: Kevin Latham, United Country | North Texas Realty & Auction Phone #: (940) 600-0188

MLS: NTREIS #20714040

NTREIS logo

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