tomo logo

$277,000

Beds
2
Baths
2.0
sq ft
1,338

246 Teakwood Ln, Lewisville, TX 75067

246 Teakwood Ln

Lewisville, TX 75067

  • 61 days on market
    • Price drop $7,900↓
OPPORTUNITY TO THRIVE on Teakwood Lane in Lewisville - Enjoy the benefits and value of a new roof (Oct 2024) and new siding (Sep 2024 - the exterior was freshly painted following siding installation). The interior is light and airy, low-maintenance, with light grey tones in long plank-like tiled flooring throughout. The interior walls are freshly painted, and the open floor plan offers a dual primary suite layout with a fireplace at the center of the main living area. This seller passed on updating the two baths and kitchen, keeping the list price lower and leading the buyer to update to their preferences and pace. This property is a great starter home or investor's lease property to hold. While ample street parking is at the front, know that there is an oversized parking pad with alley access at the back of the property. You can install a carport and a storage shed, should that be your preference. There is a storage room with exterior access to gardening tools at the back of the house. Trash is collected along the alley, keeping the street line clear for parking and neighborhood strolls.

Details

Property type

Single Family Residence

Est. home value

$296,753

Lot size

3,920.4 sq ft

Price per sq ft

$208

Year built

1983

Annual property taxes

$4,682

Price History

12/17/2024
NTREIS

NTREIS #20759440

Price change
$277,000
-2.77%
12/16/2024
NTREIS

NTREIS #20759440

Pending
$284,900
11/29/2024
NTREIS

NTREIS #20759440

Price change
$284,900
-1.76%

Schools & Community

Elementary school: 

Southridge

Middle school: 

Marshall Durham

High school: 

Lewisville-Harmon

School district: 

Lewisville 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

$201,913
Asking price
$277,000
Closing costs (~8% of asking)
-$22,160
Est. remaining loan balance
-$52,927
Cash to seller
$201,913

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

Seller’s Loan History

Lender

Lakeside Mortgage Company

Loan start date

December 2008

Original loan amount

$77,000

Est. remaining balance

$52,927

Interest rate

6.14%

Loan type

Not Provided, 30 year

Seller

Joe Madrid

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: 12/22/2024 at 11:55 PM

Listing updated: 12/17/2024 at 10:52 AM

Listed by: Rosemarie Lacoursiere, Engel & Volkers Dallas Phone #: (214) 556-1060

MLS: NTREIS #20759440

NTREIS logo

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