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$424,900

Beds
5
Baths
3.0
sq ft
2,703

200 Private Road 288, Honey Grove, TX 75446

200 Private Road 288

Honey Grove, TX 75446

  • 188 days on market
    • Price drop $25,100↓
Welcome to your spacious sanctuary nestled on over 2 acres. This 5 bedroom, 3 bath home offers 2700 square feet of comfortable living space. Ideally located just a 10-minute drive from Bois D’Arc Lake and within an hour’s reach of Dallas, this property promises the best of both worlds - a peaceful retreat with easy access to urban conveniences. Step inside to discover a beautifully appointed and spacious kitchen with ample storage. The first-floor primary bedroom offers convenience and privacy, and it is complemented by a secondary bedroom on the same level for added flexibility. Entertain in style with a living room currently utilized as a game room, while a generously sized formal dining area presents additional options to serve as a living space or office. Outdoors, you’ll find a great space for entertaining, relaxing, gardening, or expanding your hobbies. Take in the generous square footage and convenient location! See MLS 20557901 for an additional 11 acres.

Details

Property type

Single Family Residence

Est. home value

$463,006

Lot size

2.148 acres

Price per sq ft

$158

Year built

2007

Annual property taxes

$4,766

Price History

08/15/2024
NTREIS

NTREIS #20559320

Price change
$424,900
-5.58%
06/29/2024
NTREIS

NTREIS #20559320

Price change
$450,000
-7.22%
05/21/2024
NTREIS

NTREIS #20559320

Price change
$485,000
-7.62%

Schools & Community

Elementary school: 

Honeygrove

Middle school: 

Honeygrove

High school: 

Honeygrove

School district: 

Honey Grove 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

$155,651
Asking price
$424,900
Closing costs (~8% of asking)
-$33,992
Est. remaining loan balance
-$235,257
Cash to seller
$155,651

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

February 2020

Original loan amount

$258,629

Est. remaining balance

$235,257

Interest rate

3.74%

Loan type

FHA, 30 year

Seller

Christopher W Rickman and Tiffany Rickman

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: 09/19/2024 at 10:55 PM

Listing updated: 08/15/2024 at 1:44 PM

Listed by: Chrissy Earls, Bradford Elite Real Estate LLC Phone #: (972) 212-5206

MLS: NTREIS #20559320

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