tomo logo

$874,500

Beds
5
Baths
4.0
sq ft
3,929

2005 Broken Lance Ln, Rockwall, TX 75032

2005 Broken Lance Ln

Rockwall, TX 75032

  • 70 days on market
    • Price drop $2,500↓
Buyers Walked due to financing issues the night before closing! House is pristine! Move-in Ready. Discover luxury in this stunning home located in the sought-after, gated community of Oaks of Buffalo Way, known for its larger estate lots with custom homes, walking trail, and highly rated schools. Set on 1.5 acres of beautifully manicured land, this property features 2 first floor primary suites, a refreshing pool, and cozy back porch. The interior boasts hardwood flooring and updated energy efficient windows throughout. The assessable kitchen, with a new built-in stainless steel refrigerator is complimented with leathered granite countertops and modern amenities. The home includes a four-car garage, extra garage storage in the back, a spacious office, and a formal dining area. An additional bonus room with an ensuite upstairs offers extra space for guests, media room, or game room. Offers exceptional value & a rare opportunity for discerning buyers. Sellers moving for a job.

Details

Property type

Single Family Residence

Est. home value

$867,233

Lot size

1.497 acres

Price per sq ft

$223

Year built

2003

Annual property taxes

$10,929

Monthly HOA fee

$83.33

Price History

09/16/2024
NTREIS

NTREIS #20656089

Price change
$874,500
-0.29%
09/10/2024
NTREIS

NTREIS #20656089

Listed
$877,000
08/01/2024
NTREIS

NTREIS #20656089

Pending
$877,000

Schools & Community

Elementary school: 

Dorothy Smith Pullen

Middle school: 

Cain

High school: 

Heath

Community features: 

Pool, Gated

School district: 

Rockwall 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

$543,605
Asking price
$874,500
Closing costs (~8% of asking)
-$69,960
Est. remaining loan balance
-$260,935
Cash to seller
$543,605

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

Seller’s Loan History

Lender

Primelending

Loan start date

October 2020

Original loan amount

$285,000

Est. remaining balance

$260,935

Interest rate

2.93%

Loan type

New Conventional, 30 year

Seller

James S Moore and Katrina D Moore

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: 09/20/2024 at 1:35 AM

Listing updated: 09/16/2024 at 10:29 AM

Listed by: Tamera Grinn, Keller Williams Rockwall Phone #: (972) 772-7000

MLS: NTREIS #20656089

NTREIS logo

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