tomo logo

$525,500

Beds
3
Baths
2.0
sq ft
2,562

16563 Indian Ridge Dr, Bullard, TX 75757

16563 Indian Ridge Dr

Bullard, TX 75757

  • 136 days on market
    • Price drop $3,000↓
OWNER/AGENT. Sitting on 1.5 lots this Newly Remodeled home over looking Lake Palestine, new office addition above the large 3 car garage to include 196 s/f of climate controlled storage. Buyer must satisfy own measurements if required. Enjoy coffee on the NEW exterior deck or patio looking at the lake, enjoying the trees. Inside NEW custom cabinetry, counters, flooring in kitchen. Expanded living room. Entire new deck overlooking the Lake. Expanded square footage by adding office and climate controlled storage rooms above garage. EXTERIOR/INTERIOR painting done 2022, widen doorways, extended fencing, added CAT 5 wiring, updates to electrical with many other updates, too many to list. Boat ramp, RV/trailer storage available to residents for additional fees

Details

Property type

Single Family Residence

Est. home value

$486,804

Lot size

Unknown

Price per sq ft

$206

Year built

1981

Annual property taxes

$6,439.89

Monthly HOA fee

$49.5

Price History

10/28/2024
TylerTX

TylerTX #24008563

Price change
$525,500
-0.57%
10/10/2024
TylerTX

TylerTX #24008563

Price change
$528,500
-0.09%
10/02/2024
TylerTX

TylerTX #24008563

Price change
$529,000
-2.92%

Schools & Community

Elementary school: 

Bullard

Middle school: 

Bullard

High school: 

Bullard

Community features: 

Tennis Court(s)

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

$339,513
Asking price
$525,500
Closing costs (~8% of asking)
-$42,040
Est. remaining loan balance
-$143,947
Cash to seller
$339,513

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

Seller’s Loan History

Lender

United Wholesale Mortgage

Loan start date

February 2022

Original loan amount

$170,000

Est. remaining balance

$143,947

Interest rate

2.33%

Loan type

New Conventional, 15 year

Seller

Paul D Watts and Traci Watts

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: 11/05/2024 at 8:00 AM

Listing updated: 10/28/2024 at 11:23 AM

Listed by: Traci A Watts, Xcel Properties

MLS: TylerTX #24008563

TylerTX logo

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