tomo logo

$264,900

Beds
3
Baths
2.0
sq ft
1,456

238 Cottonwood Ln, Pottsboro, TX 75076

238 Cottonwood Ln

Pottsboro, TX 75076

  • 120 days on market
    • Price drop $5,000↓
Take advantage of this fantastic property located near Mill Creek Marina! With the highly anticipated future Hard Rock Hotel and Margaritaville in the vicinity, this will soon become the ultimate escape destination. Whether you're looking for a vacation home, an income-generating Airbnb, or a permanent residence to embrace lake living fully, this property is the perfect fit. It features three bedrooms, two full baths, an above-ground tornado shelter, and additional storage. This place has everything you need. The fenced yard makes it ideal for bringing along your beloved pets, and the property comes fully furnished, ensuring a hassle-free move-in process. All Information is deemed reliable but not guaranteed. The buyer and Buyer's agent are responsible for completing their due diligence and verifying the accuracy of all information.

Details

Property type

Single Family Residence

Est. home value

$191,843

Lot size

0.94 acres

Price per sq ft

$182

Year built

1995

Price History

09/27/2024
NTREIS

NTREIS #20675521

Price change
$264,900
-1.85%
08/05/2024
NTREIS

NTREIS #20675521

Price change
$269,900
-5.3%
07/17/2024
NTREIS

NTREIS #20675521

Listed
$285,000

Schools & Community

Elementary school: 

Pottsboro

Middle school: 

Pottsboro

High school: 

Pottsboro

School district: 

Pottsboro 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

$152,349
Asking price
$264,900
Closing costs (~8% of asking)
-$21,192
Est. remaining loan balance
-$91,359
Cash to seller
$152,349

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

Seller’s Loan History

Lender

Fairway Independent Mortgage Corp

Loan start date

October 2020

Original loan amount

$119,000

Est. remaining balance

$91,359

Interest rate

2.42%

Loan type

New Conventional, 15 year

Seller

James J Depaolo Jr and Linda Kay Depaolo

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?

Similar Homes Nearby

NTREIS
$290,000
3 bd
|
2 ba
|
1,203 sq ft
|
House

89 Cripple Minnow Bnd, Pottsboro, TX 75076

Price drop
NTREIS
$243,000
3 bd
|
2 ba
|
1,568 sq ft
|
House

299 Davidson Cir, Pottsboro, TX 75076

NTREIS
$275,000
3 bd
|
2 ba
|
1,280 sq ft
|
House

336 Heddingham Dr, Gordonville, TX 76245

Status: Active

Tomo last checked: 11/14/2024 at 7:45 PM

Listing updated: 09/27/2024 at 10:14 AM

Listed by: Charli Kate Rodgers, Fathom Realty LLC Phone #: (888) 455-6040

MLS: NTREIS #20675521

NTREIS logo

Recently listed in Pottsboro

$489,000|3 bd|3.0 ba|House
$320,000|3 bd|2.0 ba|House
$699,900|4 bd|3.0 ba|House
$1,259,000|4 bd|4.0 ba|House
$725,000|5 bd|3.0 ba|House
$599,000|3 bd|3.0 ba|House
$325,000|3 bd|2.0 ba|House
$330,000|2 bd|2.0 ba|House