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$469,000

Beds
4
Baths
3.0
sq ft
2,070

196 Lake Dr, Enchanted Oaks, TX 75156

196 Lake Dr

Enchanted Oaks, TX 75156

  • 8 days on market
Cedar Creek Lake- Family home for the perfect getaway! Gorgeous and completely remodeled 2,000 sq feet home with 4 bedrooms and 3 full baths. Currently used as a family getaway lake home as well as for short term rentals. 2024 income was $25,000. It's the complete home getaway in a gorgeous, coveted township. Enchanted Oaks offers exclusive access to private community fishing docks, 2 boat launches, large saltwater diving pool, playgrounds, soccer field and dog park. 10 minutes away from Main St. restaurants. Phenomenal fishing and boating. Attention to detail in every room!

Details

Property type

Single Family Residence

Est. home value

$595,970

Lot size

8,581.32 sq ft

Price per sq ft

$227

Year built

1973

Annual property taxes

$5,706

Price History

03/25/2025
NTREIS

NTREIS #20848195

Listed
$469,000
10/14/2021
NTREIS

NTREIS #14644213

Removed
01/29/2021
NTREIS

NTREIS #14486459

Removed

Schools & Community

Elementary school: 

Eustace

Middle school: 

Eustace

High school: 

Eustace

Community features: 

Pool, Clubhouse, Fishing, Gated, Lake, Park, Playground

School district: 

Eustace 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

$117,932
Asking price
$469,000
Closing costs (~8% of asking)
-$37,520
Est. remaining loan balance
-$313,548
Cash to seller
$117,932

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

Seller’s Loan History

Lender

Wyndham Capital Mortgage Inc

Loan start date

October 2021

Original loan amount

$339,150

Est. remaining balance

$313,548

Interest rate

2.87%

Loan type

New Conventional, 30 year

Seller

Santiago N Ramirez and Kylie Ramirez

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: 04/03/2025 at 11:00 AM

Listing updated: 03/26/2025 at 2:16 AM

Listed by: Kylie Ramirez, x2 Realty Group Phone #: (817) 994-7523

MLS: NTREIS #20848195

NTREIS logo

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