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$240,000

Beds
3
Baths
2.0
sq ft
925

1901 Burke Dr, Garland, TX 75040

1901 Burke Dr

Garland, TX 75040

    • Price drop $10,000↓
It's still a warm and cozy home ready for immediate occupancy. Recent updates includes floors, kitchen countertops and cabinets, gas range, water heater and AC replaced in 2022. Great home for a small family close to elementary schools and with easy access to major highways. Spacious backyard for kids, pets or a garden. All information provided is deemed correct but not guaranteed and should be verified by the buyer.

Details

Property type

Single Family Residence

Est. home value

$244,764

Lot size

7,187.4 sq ft

Price per sq ft

$260

Year built

1962

Price History

10/11/2024
NTREIS

NTREIS #20700125

Price change
$240,000
-4%
09/20/2024
NTREIS

NTREIS #20700125

Price change
$250,000
-5.66%
08/31/2024
NTREIS

NTREIS #20700125

Listed
$265,000

Schools & Community

Neighborhood: 

Monica Park Heights

Elementary school: 

Choice Of School

Middle school: 

Choice Of School

High school: 

Choice Of School

School district: 

Garland 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

$83,133
Asking price
$240,000
Closing costs (~8% of asking)
-$19,200
Est. remaining loan balance
-$137,667
Cash to seller
$83,133

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

Seller’s Loan History

Lender

Wells Fargo Bank Na

Loan start date

March 2022

Original loan amount

$145,000

Est. remaining balance

$137,667

Interest rate

3.55%

Loan type

New Conventional, 30 year

Seller

Rhonda J Roberts and Barton Roberts

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 8:35 AM

Listing updated: 10/11/2024 at 1:46 PM

Listed by: Mike Skelton, XC Realty Phone #: (972) 741-7850

MLS: NTREIS #20700125

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