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$1,995,000

Beds
5
Baths
7.0
sq ft
6,062

233 Sherry Ln, Burleson, TX 76028

233 Sherry Ln

Burleson, TX 76028

  • 104 days on market
An equestrian estate with the convenience of city living, this custom-built home is a rare offering of the quintessential American dream. Situated on 11 acres in the gated community of Magnolia Farms, the 6,062 sq ft modern ranch home features 5 bedrooms, 7 bathrooms, 3-car garage and a basement. A thoughtful split bedroom configuration places the master suite in its own wing with 2 fireplaces, dual vanities and walk in closets, a jetted tub and walk in shower. The cascading hot tub to pool are surrounded by a fire pit, a kitchen cabana, clubhouse and seating pavilion. 4 stall barn with a tack room and a feed room with 2 pipe fenced turn out pens on both sides. The 20 x 40 workshop has electricity, 2 entrances and high clearance. Onto the impressive grounds, there are 5 pastures with 53 sprinkler stations that circulate from an 82-gallon per minute high iron well. This property also has the benefit of co-op water and electricity and is on septic. Full list of upgrades available.

Details

Property type

Single Family Residence

Est. home value

$2,015,698

Lot size

11.0 acres

Price per sq ft

$330

Year built

1999

Annual property taxes

$13,567

Monthly HOA fee

$75

Price History

09/09/2024
NTREIS

NTREIS #20724210

Listed
$1,995,000
02/25/2024
NTREIS

NTREIS #20290611

Removed
11/27/2023
NTREIS

NTREIS #20290611

Listed
$2,250,000

Schools & Community

Elementary school: 

Stribling

Middle school: 

Kerr

High school: 

Burleson Centennial

Community features: 

Gated

School district: 

Burleson 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

$1,418,045
Asking price
$1,995,000
Closing costs (~8% of asking)
-$159,600
Est. remaining loan balance
-$417,355
Cash to seller
$1,418,045

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

Seller’s Loan History

Lender

First State Bank

Loan start date

July 2021

Original loan amount

$450,000

Est. remaining balance

$417,355

Interest rate

2.96%

Loan type

New Conventional, 30 year

Seller

Darren G Yancy and Carol A Yancy

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: 12/22/2024 at 6:20 PM

Listing updated: 09/09/2024 at 7:20 PM

Listed by: David Chicotsky, Briggs Freeman Sotheby's Int'l Phone #: (817) 731-8466

MLS: NTREIS #20724210

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