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$260,000

Beds
3
Baths
3.0
sq ft
2,538

1587 E US Highway 80 Unit S, Mineola, TX 75773

1587 E US Highway 80 Unit S

Mineola, TX 75773

  • 5 days on market
Experience the tranquility of country living just 2 miles from Historic Downtown Mineola! Situated on 1.76 acres, this spacious 4-bedroom, 2.5-bath home offers endless possibilities to create your dream home with a touch of imagination. All windows have been upgraded to energy-efficient models, with the framing around them awaiting the finishing touches from the homeowner. The expansive primary suite provides comfort and privacy, while a guest bedroom on the opposite side of the home includes an attached bathroom—perfect for visitors or multigenerational living. Warm and inviting, the home features two wood-burning fireplaces, ideal for cozy evenings. The large eat-in kitchen offers plenty of space for meal preparation and family gatherings, while the generous family room is perfect for hosting get-togethers. Step outside to a charming wood patio deck just off the living room, where you can relax and take in serene views of a neighboring pond. A 3-car workshop on the property provides ample storage and workspace. As an added bonus, the refrigerator stays with the home. With so much to see and the opportunity to add your personal touch, this property is a must-visit!

Details

Property type

Single Family Residence

Est. home value

$247,083

Lot size

1.762 acres

Price per sq ft

$103

Year built

1979

Annual property taxes

$3,087

Price History

02/18/2025
NTREIS

NTREIS #20843013

Listed
$260,000

Schools & Community

Elementary school: 

Mineola

Middle school: 

Mineola

High school: 

Mineola

School district: 

Mineola 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

$105,595
Asking price
$260,000
Closing costs (~8% of asking)
-$20,800
Est. remaining loan balance
-$133,605
Cash to seller
$105,595

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 First Bank

Loan start date

January 2021

Original loan amount

$147,028

Est. remaining balance

$133,605

Interest rate

2.71%

Loan type

FHA, 30 year

Seller

Collen Heath

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: 02/24/2025 at 9:40 AM

Listing updated: 02/24/2025 at 9:07 AM

Listed by: Sherry Mckay, BLVD Group Phone #: (214) 308-1363

MLS: NTREIS #20843013

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