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$375,000

Beds
3
Baths
3.0
sq ft
1,965

199 FM 488, Fairfield, TX 75840

199 FM 488

Fairfield, TX 75840

  • 215 days on market
Gorgeous, spacious home outside of the Fairfield city limits! This 3 bedroom, 3 bath home offers room for all! Spacious floor plan offers large living with fireplace, separate dining room, and open kitchen with attached laundry room. Owners suite has dual master closets and ensuite bathroom. Each bedroom has built in cabinetry and walk in closets providing tons of storage. This home sits on over 1 acre with new 40 x 50 shop. Shop has electricity and 50 amp electrical service. Seller installed new roof, updated all electrical in the home and added asphalt driveway with RV parking. Home was remodeled with fresh bathrooms, recent paint, and tile floors throughout. Massive front yard and out back you have large fenced in backyard with shade trees, covered porch, and a deck. The outdoor space is perfect for those quiet evenings at home in the country. Whether you are a hobbyist or mechanic the shop has space for it all at 2000 sq foot. Call today to schedule a tour!

Details

Property type

Single Family Residence

Est. home value

$391,596

Lot size

1.0 acres

Price per sq ft

$191

Year built

1976

Annual property taxes

$3,584

Price History

05/23/2024
NTREIS

NTREIS #20622500

Listed
$375,000
03/18/2024
NTREIS

NTREIS #20433303

Removed
12/28/2023
NTREIS

NTREIS #20433303

Price change
$375,000
-4.56%

Schools & Community

Elementary school: 

Fairfield

Middle school: 

Unknown

High school: 

Fairfield

School district: 

Fairfield 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

$250,743
Asking price
$375,000
Closing costs (~8% of asking)
-$30,000
Est. remaining loan balance
-$94,257
Cash to seller
$250,743

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

Seller’s Loan History

Lender

Southside Bank

Loan start date

April 2016

Original loan amount

$116,000

Est. remaining balance

$94,257

Interest rate

3.64%

Loan type

New Conventional, 30 year

Seller

Clinton R Griffin

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: 12/24/2024 at 7:05 PM

Listing updated: 09/18/2024 at 9:53 AM

Listed by: Laura Smith, Keller Williams Lonestar DFW Phone #: (817) 795-2500

MLS: NTREIS #20622500

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