tomo logo

$589,000

Beds
2
Baths
2.5
sq ft
1,434

20516 Lakeshore Dr, Thornton, TX 76687

20516 Lakeshore Dr

Thornton, TX 76687

  • 267 days on market
    • Price drop $90,000↓
Experience Lakefront Living at Lake Limestone! This inviting and spacious layout of this home allows for seamless flow between the living, dining, and kitchen areas. The kitchen is well-appointed with modern appliances, granite countertops with a large prep area, and ample cabinet space. The lake house features 2 spacious bedrooms, and 2.5 bathrooms providing comfortable accommodation for guests & residents. Each bedroom is designed with comfort in mind, allowing for peaceful nights with the soothing sounds of the lake in the background. One of the standout features of this lake house is its amazing wood deck. Overlooking the tranquil waters of Lake Limestone, the deck offers breathtaking views of the lake and provides ample space for lounging, entertaining, & enjoying the serene surroundings. The detached workshop/garage provides additional space for parking, storage, hobbies, or projects. It is a versatile area that can be tailored to suit your specific needs, whether you're a DIY enthusiast or just need extra storage space. Water enthusiasts will appreciate the convenience of the boat house, which provides ramps for both boats and jet skis, & storage. Whether you're into fishing, water sports, or simply cruising, you'll have easy access to the lake & hassle-free water adventures. New Bulkhead within the past year. Nestled in the heart of nature's beauty, this lakefront oasis promises relaxation, recreation, & opportunity to immerse yourself in this beauty!

Details

Property type

Single Family Residence

Est. home value

$692,402

Lot size

1.64 acres

Price per sq ft

$411

Year built

2000

HOA

No

Price History

12/16/2024
Bryan

Bryan #24004911

Price change
$589,000
-13.25%
06/12/2024
Bryan

Bryan #24004911

Price change
$679,000
-2.58%
04/02/2024
Bryan

Bryan #24004911

Listed
$697,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

,

High school: 

Unknown

High school district: 

Leon

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

$292,119
Asking price
$589,000
Closing costs (~8% of asking)
-$47,120
Est. remaining loan balance
-$249,761
Cash to seller
$292,119

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

Seller’s Loan History

Lender

Prosperity Bank

Loan start date

January 2022

Original loan amount

$300,000

Est. remaining balance

$249,761

Interest rate

2.39%

Loan type

New Conventional, 15 year

Seller

Michael Glenn Feldman and Candy Conner Feldman

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: 12/25/2024 at 10:45 PM

Listing updated: 12/16/2024 at 11:10 AM

Listed by: Cherry Ruffino, Coldwell Banker Apex, REALTORS Phone #: (979) 846-8400

MLS: Bryan #24004911

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