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$242,000

Beds
1
Baths
1.0
sq ft
838

201 W Lancaster Ave Unit 409, Fort Worth, TX 76102

201 W Lancaster Ave Unit 409

Fort Worth, TX 76102

  • 256 days on market
    • Price drop $7,000↓
Assumable FHA with 4.75 rate! FANTASTIC URBAN LIVING! AWESOME VIEWS of downtown, across from FTW water gardens. This particular unit has a premium, quiet, corner location directly across from The Water Gardens! This unit has been completely updated within the past 4 years: new HVAC - inside and out (2021), includes an EcoBee Thermostat & app. New ceiling fans and light fixtures, fresh paint, beautiful epoxy countertops in kitchen (2022), remodeled & updated bathroom. Remodeled kitchen with Whirlpool & Bosch appliances, under cabinet lighting, glass backsplash, water heater (2020). Bath has porcelain tile, rain head & hand faucet, glass door, & built in seat. Cabinetry has soft close drawers & comfort height commode with smooth sides. There is a huge walk-in closet with extra shelving & storage space. Bonus room is great for working from home! You will love this place! The TRE & TEXrail station is located downstairs & goes to Terminal B at DFW Airport & various metroplex routes.

Details

Property type

Condominium

Est. home value

$238,323

Lot size

1.553 acres

Price per sq ft

$289

Year built

2005

Annual property taxes

$5,020

Monthly HOA fee

$540

Price History

08/18/2024
NTREIS

NTREIS #20511288

Price change
$242,000
-2.81%
03/04/2024
NTREIS

NTREIS #20511288

Listed
$249,000
02/28/2024
NTREIS

NTREIS #20511288

Pending
$249,000

Schools & Community

Elementary school: 

De Zavala

Middle school: 

Daggett

High school: 

Paschal

Community features: 

Pool, Curbs, Fitness Center, Restaurant

School district: 

Fort Worth 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

$1,319
Asking price
$242,000
Closing costs (~8% of asking)
-$19,360
Est. remaining loan balance
-$221,321
Cash to seller
$1,319

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

Seller’s Loan History

Lender

Flagstar Bank Fsb

Loan start date

April 2022

Original loan amount

$231,725

Est. remaining balance

$221,321

Interest rate

3.85%

Loan type

FHA, 30 year

Seller

Gerald James Beall Jr and Marcie Lynn Beall

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: 10/01/2024 at 6:50 AM

Listing updated: 08/18/2024 at 4:20 PM

Listed by: Sharon Carman, The Real Estate Connection Phone #: (817) 822-5915

MLS: NTREIS #20511288

NTREIS logo

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