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$224,000

Beds
3
Baths
2.5
sq ft
1,014

250 Riverside Dr, Palacios, TX 77465

250 Riverside Dr

Palacios, TX 77465

  • 93 days on market
Situated on the banks of the Tres Palacios River, this charming 3-bedroom, 2.5-bathroom home provides an ideal weekend getaway or comfortable year-round living. Nestled on 4 lots in the peaceful, gated community of Tres Palacios Oaks. This community is about 5 miles from Matagorda Bay and 13 miles north of Palacios, Texas. The house offers 1014 sf of living space plus about 400 sf of covered outdoor space. The design of the interior of the property is open concept and there is no wasted space. The kitchen is large, with lots of cabinets and ceramic counters. Has a stunning picture window with a view of the river. The ideal amount of space and comfort is provided by the cozy split bedrooms. There is a practical storage area downstairs with a bathroom, covered dining and a granite-topped outdoor kitchen. Property owners in TPO enjoy amenities that include a community water supply system, boat launch, boat trailer parking, lighted fishing piers, a swimming pool, children’s playground, outdoor picnic pavilion, 10 acres freshwater lake and incomparable river ambience.

Details

Property type

Single Family Residence

Est. home value

$246,675

Lot size

7,667 sq ft

Price per sq ft

$221

Year built

1970

Annual property taxes

$1,617

Monthly HOA fee

$3.33

Price History

06/18/2024
CentralTexas

CentralTexas #548023

Listed
$224,000
08/28/2019
Houston

Houston #52092559

Removed

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Clubhouse, Fishing, Park, Gated, Pool

High school district: 

Tidehaven 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

$123,440
Asking price
$224,000
Closing costs (~8% of asking)
-$17,920
Est. remaining loan balance
-$82,640
Cash to seller
$123,440

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

Seller’s Loan History

Lender

Weststar Mortgage Corp

Loan start date

August 2019

Original loan amount

$115,000

Est. remaining balance

$82,640

Interest rate

3.22%

Loan type

New Conventional, 15 year

Seller

Elene Goss

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: 09/19/2024 at 9:25 PM

Listing updated: 06/19/2024 at 12:53 PM

Listed by: Angela Stancik, ThisisLivin Properties LLC Phone #: (713) 492-5700

MLS: CentralTexas #548023

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