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$384,494Estimated home value

Beds
7
Baths
4.0
sq ft
1,926

20501 FM 521, Bay City, TX 77414

20501 FM 521

Wadsworth, TX 77483

  • Sold On 9/30/2021
13.93 ACRES W/ IMMACULATE 3 BEDROOM/2 BATH HOME COMPLETLEY UPDATED WITH ORIGINAL TOUCHES FROM YR 1939. PROPERTY HAS HUGE POND W/STADIUM LIGHTS, 2019 BUILT 4/2 BARNDOMINUM W/ OVER 3000SQFT UNDER CANOPY. COMPLETE W/ EXTRA CABIN FOR LIVING & ANOTHER LARGE BARN W/ COVER & STALLS. TURN KEY LODGE OR HOME LIVING ON PRISTINE IMPROVED PASTURES & ADORNED WITH TREES & WILDLIFE GALOR. 2019YR WATERWELL TO BARNDOMINIUM, POND, & CABIN. LARGE SEPTIC TO BARN. UPGRADED ELECTRICAL THROUGHOUT PROPERTY & SO MANY EXTRAS. TURN KEY & ONE OF A KIND PROPERTY IDEAL FOR HOME BUSINESS & HOME LIVING! GOOD THINGS GO FAST!

Details

Property type

Single Family Residence

Est. home value

$384,494

Lot size

12.96 acres

Price per sq ft

$341

Year built

1939

Price History

04/04/2025
Houston

Houston #39782352

Removed
03/25/2025
Houston

Houston #39782352

Pending
$620,000
01/16/2025
Houston

Houston #39782352

Price change
$620,000
-21.52%

Schools & Community

Elementary school: 

Unknown

Middle school: 

BAY CITY JUNIOR HIGH SCHOOL

High school: 

BAY CITY HIGH SCHOOL

School district: 

Bay City

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

$265,860
Asking price
$655,000
Closing costs (~8% of asking)
-$52,400
Est. remaining loan balance
-$336,740
Cash to seller
$265,860

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

Seller’s Loan History

Lender

Texas Dow Employees Cu

Loan start date

September 2021

Original loan amount

$365,000

Est. remaining balance

$336,740

Interest rate

2.87%

Loan type

New Conventional, 30 year

Seller

Richard Ferguson and Chelsea Ferguson

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: Off Market

Tomo last checked: 04/07/2025 at 12:50 AM

Listing updated: 10/10/2022 at 4:26 PM

Listed by: Kim Brown, Full Stringer Realty Phone #: (979) 863-1143

MLS: Houston #92288960

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