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$520,000

Beds
3
Baths
2.0
sq ft
2,037

244 Lone Oak, Mineral Wells, TX 76067

244 Lone Oak

Mineral Wells, TX 76067

  • 31 days on market
    • Price drop $9,000↓
Welcome to 244 Lone Oak, a little piece of heaven, located just outside of the city limits, convenient to US HWY 281, I-20 and just 23 miles to downtown Weatherford. This property features a very nice three bedroom, two bathroom open concept home with lots of updates, a nice 30x40 insulated shop complete with a man cave and full bathroom, and 4.4+ beautiful acres of clearings and scattered Oak Trees. When you walk in the front door of this home and immediately feel the pride of ownership. The large kitchen is tastefully updated and open to the dining and living area providing tons of space for cooking, entertaining and enjoying friends and family. Every room is spacious, including the primary bedroom and ensuite bathroom, which features a large walk in shower and massive walk in closet. Covered porches covering the length of the home, front and back, provides the best place to enjoy sunrises and sunsets and that feeling of country living. SAVE MONEY on electric bills in this extremely energy efficient home due to the spray foam insulation and new HVAC in 2021. Do you need a workshop or storage space? Check out the 30x40 insulated shop which includes guest quarters with a full bathroom that could be used as space for guests, a man-cave, or a she-shed! Its ready to customize to your liking! If you're looking for space to roam, you will enjoy the 4.4 acres trimmed up with nice walking paths and peppered with mature oak trees. This provides lots of privacy in the backyard and cover for the native wildlife that frequent the property. If you are looking for a beautiful home to enjoy quiet country living, this is it! Schedule your private tour today! All information in this listing is deemed reliable but not guaranteed and should be independently verified by buyer.

Details

Property type

Single Family Residence

Est. home value

$493,660

Lot size

4.443 acres

Price per sq ft

$256

Year built

2007

Monthly HOA fee

$12.5

Price History

02/17/2025
NTREIS

NTREIS #20824473

Price change
$520,000
-1.7%
01/23/2025
NTREIS

NTREIS #20824473

Listed
$529,000

Schools & Community

Elementary school: 

Houston

Middle school: 

Mineralwel

High school: 

Mineralwel

School district: 

Mineral Wells 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

$139,994
Asking price
$520,000
Closing costs (~8% of asking)
-$41,600
Est. remaining loan balance
-$338,406
Cash to seller
$139,994

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

Seller’s Loan History

Lender

Community National Bank & Trust Of Texas

Loan start date

November 2021

Original loan amount

$364,000

Est. remaining balance

$338,406

Interest rate

2.99%

Loan type

New Conventional, 30 year

Seller

Karen Mori and Robert Mori

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: 02/24/2025 at 5:25 PM

Listing updated: 02/17/2025 at 6:32 PM

Listed by: Jenna Sims, Cornerstone Home and Ranch Phone #: (940) 452-7915

MLS: NTREIS #20824473

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