tomo logo

$799,000

Beds
3
Baths
3.0
sq ft
2,569

2040 Erwin Rd, Poolville, TX 76487

2040 Erwin Rd

Poolville, TX 76487

  • 198 days on market
    • Price drop $100,900↓
MINERAL RIGHTS INCLUDED! WILL SUBDIVIDE (see below). 3 dwellings on this property which has two water wells, stock tank, three septic systems, a 30x40 shop with 200 amp service and a horse barn with pins. Escape to the tranquility of rural living on over 15 acres of pristine land in this rural estate. The main barn-style home boasts 3 bedrooms upstairs, an open concept living area, a cozy covered porch and patio, and luxurious features like a metal roof and stone design fascia. Additionally, there are two mobile homes with running water and electricity, a storage shed, carport, and horse barns with 3 stalls and holding pens. SUBDIVIDE: Parcel A will be the main house with the shop and storage building - $799,990. Parcel B will be the other 2 dwellings with barn and pins $599,990

Details

Property type

Single Family Residence

Lot size

15.8 acres

Price per sq ft

$312

Year built

1988

Price History

08/03/2024
NTREIS

NTREIS #20551121

Price change
$799,000
-11.21%
06/12/2024
NTREIS

NTREIS #20551121

Price change
$899,900
-24.95%
03/04/2024
NTREIS

NTREIS #20551121

Listed
$1,199,000

Schools & Community

Elementary school: 

Poolville

Middle school: 

Unknown

High school: 

Poolville

School district: 

Poolville ISD

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Capella Opportunity Fund Llc

Loan start date

April 2023

Original loan amount

$500,000

Est. remaining balance

Not provided

Interest rate

6.65%

Loan type

Commercial

Seller

Up5 Services Llc

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 5:00 PM

Listing updated: 09/19/2024 at 4:09 PM

Listed by: Shawn Lynch, MARK SPAIN REAL ESTATE Phone #: (770) 886-9000

MLS: NTREIS #20551121

NTREIS logo

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