tomo logo

$375,000

Beds
3
Baths
2.0
sq ft
1,640

181 Private Road 415, Covington, TX 76636

181 Private Road 415

Covington, TX 76636

  • 34 days on market
Escape to peaceful country living in this charming 3-bedroom, 2-bath home, perfectly set on over an acre of land. Recent updates include a new water heater and HVAC system (only one year old). Built in 1999, this rustic destination offers 1,640 square feet of living space with a spacious open floor plan and split-bedroom layout. Enjoy cozy nights by the wood-burning fireplace or step outside to a large covered porch overlooking an in-ground pool with unique stone diving board—ideal for summer relaxation. The property also features a 30x40 workshop with electricity and two large bay doors, providing plenty of room for projects and storage. Stay in control of your electricity usage thanks to the pool and shop being on a separate meter from the home! Perfectly balanced with rural benefits like a septic system and no HOA, yet in reach of major highways that offer easy access to nearby city amenities, this property is a great blend of country comfort and convenience.

Details

Property type

Single Family Residence

Est. home value

$397,567

Lot size

1.112 acres

Price per sq ft

$229

Year built

1999

Annual property taxes

$4,544

Price History

11/20/2024
NTREIS

NTREIS #20781002

Listed
$375,000
10/14/2024
NTREIS

NTREIS #20647570

Removed
09/24/2024
NTREIS

NTREIS #20647570

Price change
$390,000
-2.48%

Schools & Community

Elementary school: 

Covington

Middle school: 

Covington

High school: 

Covington

School district: 

Covington 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

$30,231
Asking price
$375,000
Closing costs (~8% of asking)
-$30,000
Est. remaining loan balance
-$314,769
Cash to seller
$30,231

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

Seller’s Loan History

Lender

Highlands Residential Mortgage Ltd

Loan start date

September 2021

Original loan amount

$338,751

Est. remaining balance

$314,769

Interest rate

2.77%

Loan type

FHA, 30 year

Seller

Melody Donyelle Kee and Frank Maurice Kee Jr

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: 12/23/2024 at 5:20 PM

Listing updated: 12/11/2024 at 1:58 PM

Listed by: Allan Hudson, Point Realty Phone #: (817) 779-3253

MLS: NTREIS #20781002

NTREIS logo

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