tomo logo

$474,900

Beds
3
Baths
2.0
sq ft
2,456

166 Private Road 5604, Point, TX 75472

166 Private Road 5604

Point, TX 75472

  • <1 day on market
    • Open house Jan 25
Welcome to your serene retreat on Lake Tawakoni! This stunning home features 3 bedrooms & 1.5 bathrooms. As you step inside, you're greeted by vaulted ceilings that create a sense of openness and light throughout the main living areas. The updated kitchen features sleek countertops, updated appliances, and a beautiful island perfect for gatherings. A striking stone fireplace anchors the space, adding warmth. The family room extends seamlessly onto a large deck, ideal for enjoying breathtaking views of the lake and the surrounding woods. This property also boasts a versatile bonus room with a separate entry, offering endless possibilities for use as a guest suite, office, or creative space. Outdoors, the expansive deck is perfect for entertaining or simply soaking in the tranquility of nature. The private dock provides direct access to Lake Tawakoni, where you can enjoy boating, fishing, or peaceful lakeside moments. Embrace the perfect blend of modern comfort and natural beauty in this exceptional lakeside home! 1 Acre additional acreage leaseback to the waterfront at a cost of approx. $50 per year

Details

Property type

Single Family Residence

Lot size

0.756 acres

Price per sq ft

$194

Year built

1964

Annual property taxes

$3,650

Price History

01/22/2025
NTREIS

NTREIS #20822700

Listed
$474,900
12/20/2024
NTREIS

NTREIS #20704160

Removed
09/04/2024
NTREIS

NTREIS #20704160

Listed
$474,900

Schools & Community

Elementary school: 

Rains

Middle school: 

Unknown

High school: 

Rains

School district: 

Rains 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

-$8,689
Asking price
$474,900
Closing costs (~8% of asking)
-$37,992
Est. remaining loan balance
-$445,597
Cash to seller
-$8,689

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

Seller’s Loan History

Lender

Crosscountry Mortgage Llc

Loan start date

July 2023

Original loan amount

$453,487

Est. remaining balance

$445,597

Interest rate

6.39%

Loan type

VA, 30 year

Seller

Stephen Myers and Theresa Myers

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?

Status: Active

Tomo last checked: 01/22/2025 at 11:00 PM

Listing updated: 01/22/2025 at 8:13 PM

Listed by: Courtney Peugh, Keller Williams Rockwall Phone #: (972) 772-7000

MLS: NTREIS #20822700

NTREIS logo

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