tomo logo

$399,000

Beds
5
Baths
3.0
sq ft
2,728

1704 Lexington Cir, Ennis, TX 75119

1704 Lexington Cir

Ennis, TX 75119

  • 9 days on market
Space, space, and more space! This 5 bedroom home boasts large room sizes upstairs and down, plenty of storage space, and an oversized fenced yard. Situated on a corner lot on a culdesac, the home is move-in ready. Enjoy quality family time on the outdoor patio or gather around the fireplace in the spacious family room. Home is currently financed with an assumable FHA loan with an interest rate of just over 3.7 percent. Buyers who are interested in assuming the loan would need to have funds for the equity and then qualify with Guild Mortgage for the remainder of the mortgage. Located in a quiet neighborhood close to schools but just a short drive away from the the endearing downtown of Ennis, the official Bluebonnet City and Trail of Texas. Small town living in commuting distance to Dallas. It doesn't get much better than this! Information deemed reliable but buyers and buyers agent to verify all details herein.

Details

Property type

Single Family Residence

Est. home value

$355,282

Lot size

0.241 acres

Price per sq ft

$147

Year built

1972

Annual property taxes

$7,872

Price History

01/23/2025
NTREIS

NTREIS #20824438

Listed
$399,000
02/12/2024
NTREIS

NTREIS #20481438

Removed
12/03/2023
NTREIS

NTREIS #20481438

Listed
$389,000

Schools & Community

Elementary school: 

Bowie

Middle school: 

Unknown

High school: 

Ennis

School district: 

Ennis 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

$126,880
Asking price
$399,000
Closing costs (~8% of asking)
-$31,920
Est. remaining loan balance
-$240,200
Cash to seller
$126,880

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

Seller’s Loan History

Lender

Guild Mortgage Co

Loan start date

November 2019

Original loan amount

$268,253

Est. remaining balance

$240,200

Interest rate

3.64%

Loan type

FHA, 30 year

Seller

Neisha Spencer and Johnny Cehyah

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: 02/02/2025 at 11:05 AM

Listing updated: 01/25/2025 at 4:08 PM

Listed by: Julie Richards, Fathom Realty LLC Phone #: (888) 455-6040

MLS: NTREIS #20824438

NTREIS logo

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