tomo logo

$590,000

Beds
7
Baths
5.0
sq ft
5,402

1590 Farm Road 2352, Sumner, TX 75486

1590 Farm Road 2352

Sumner, TX 75486

  • 22 days on market
Incredible one of a kind property with a large house, huge workshop, and apartment on over an acre in a growing area. The 6 bedroom 4 bath house has exquisite detail and high end features from the massive island, custom cabinetry, appliances to the 12 inch walls, steel framing, and metal roof. This house is solid!! The 2400 sf workshop is on separate electric meter and is perfect for producing income or the most enthusiastic activities. Did I mention the apartment with a kitchen, full bath, washer,dryer, and living area? So many options! The workshop can hold up to 10 cars and there is also a 4 car parking lot outside, plus the 3 car garage on the house. The property is on over an acre, located between Paris and Bonham giving you conveniences along with privacy. Bois D' arc and Pat Mayse lakes are both close by for boating and fishing opportunities. There is also a new above ground large pool to enjoy during the hot summers. This place has it all!! Possible lease to own available.

Details

Property type

Single Family Residence

Est. home value

$532,817

Lot size

1.037 acres

Price per sq ft

$110

Year built

2010

Annual property taxes

$8,051

Price History

12/02/2024
NTREIS

NTREIS #20788488

Listed
$590,000
09/13/2022
NTREIS

NTREIS #20083854

Removed

Schools & Community

Elementary school: 

Chisum

Middle school: 

Chisum

High school: 

Chisum

School district: 

Chisum 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

$34,868
Asking price
$590,000
Closing costs (~8% of asking)
-$47,200
Est. remaining loan balance
-$507,932
Cash to seller
$34,868

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

Seller’s Loan History

Lender

Veterans United Home Loans

Loan start date

September 2022

Original loan amount

$525,000

Est. remaining balance

$507,932

Interest rate

5.3%

Loan type

Not Provided, 30 year

Seller

Kevin Dobbins and Ingrid Dobbins

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?

Similar Homes Nearby

Price drop
NTREIS
$625,000
4 bd
|
3 ba
|
3,267 sq ft
|
House

3020 Aspen, Paris, TX 75462

Price drop
NTREIS
$645,000
3 bd
|
2 ba
|
2,973 sq ft
|
House

596 County Road 2411, Honey Grove, TX 75446

NTREIS
$539,000
3 bd
|
3 ba
|
2,140 sq ft
|
House

2845 10th St NE, Paris, TX 75462

Status: Active

Tomo last checked: 12/24/2024 at 7:20 PM

Listing updated: 12/02/2024 at 9:13 PM

Listed by: Coy Baker, Keller Williams Prosper Celina Phone #: (972) 382-8882

MLS: NTREIS #20788488

NTREIS logo

Recently listed in Sumner

$400,000|4 bd|3.0 ba|House
$590,000|7 bd|5.0 ba|House
$329,900|3 bd|2.0 ba|House
$180,000|2 bd|2.0 ba|House
$360,000|3 bd|2.0 ba|House
$387,000|4 bd|2.0 ba|House
$549,999|1 bd|1.0 ba|House