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$165,000

Beds
3
Baths
2.0
sq ft
1,056

222 Meadow Lake Dr, Gun Barrel City, TX 75156

222 Meadow Lake Dr

Gun Barrel City, TX 75156

  • 129 days on market
    • Price drop $5,000↓
Cute and cozy 3-2 on a large fenced lot. This cottage-style home will not last long. The property is located in a lake neighborhood and has a fully fenced yard. Located close to shopping, dining, and entertainment.

Details

Property type

Single Family Residence

Est. home value

$204,562

Lot size

5,009.4 sq ft

Price per sq ft

$157

Year built

1996

Annual property taxes

$2,247

Monthly HOA fee

$10.83

Price History

08/04/2024
NTREIS

NTREIS #20614822

Price change
$165,000
-2.94%
07/18/2024
NTREIS

NTREIS #20614822

Price change
$170,000
-2.86%
06/13/2024
NTREIS

NTREIS #20614822

Price change
$175,000
-3.85%

Schools & Community

Elementary school: 

Lakeview

Middle school: 

Unknown

High school: 

Mabank

School district: 

Mabank 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

-$3,607
Asking price
$165,000
Closing costs (~8% of asking)
-$13,200
Est. remaining loan balance
-$155,407
Cash to seller
-$3,607

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

Seller’s Loan History

Lender

Mid-Continent Funding Inc

Loan start date

August 2022

Original loan amount

$160,000

Est. remaining balance

$155,407

Interest rate

5.3%

Loan type

VA, 30 year

Seller

Daylon E Pierson and Alizabeth D Pierson

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: 09/18/2024 at 8:40 PM

Listing updated: 08/21/2024 at 4:50 PM

Listed by: Linda Hale, TX Lake & Land Real Estate Phone #: (903) 802-7080

MLS: NTREIS #20614822

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