tomo logo

$400,000

Beds
3
Baths
2.0
sq ft
1,342

2500 Wildwood Way, Tool, TX 75143

2500 Wildwood Way

Tool, TX 75143

  • <1 day on market
Welcome to 2500 Wildwood Way on Cedar Creek Lake! Located in Wildwood Acres with a neighborhood park and boat launch, this 3 bed, 2 bath LAKESIDE home has been completely remodeled and reimagined. It boasts an open concept floorplan and new flooring throughout. Kitchen is a showstopper with huge granite island, custom cabinetry, stainless steel appliances and a gas range. The living room features a wood burning fireplace, tons of natural light and French doors. Two bedrooms are waterside and have ensuite baths. Across the back of home is a large covered deck with a porch swing and elevated views of the lake. Outside enjoy the fenced in yard, steel retaining wall and concrete dock.

Details

Property type

Single Family Residence

Est. home value

$433,693

Lot size

0.35 acres

Price per sq ft

$299

Year built

1975

Monthly HOA fee

$16.67

Price History

03/14/2025
NTREIS

NTREIS #20870789

Listed
$400,000
01/01/2025
NTREIS

NTREIS #20700301

Removed
10/03/2024
NTREIS

NTREIS #20700301

Price change
$415,500
-2.24%

Schools & Community

Elementary school: 

Malakoff

Middle school: 

Malakoff

High school: 

Malakoff

Community features: 

Fishing, Lake, Park

School district: 

Malakoff 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

$42,112
Asking price
$400,000
Closing costs (~8% of asking)
-$32,000
Est. remaining loan balance
-$325,888
Cash to seller
$42,112

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

Seller’s Loan History

Lender

The Federal Savings Bank

Loan start date

September 2021

Original loan amount

$352,497

Est. remaining balance

$325,888

Interest rate

2.87%

Loan type

FHA, 30 year

Seller

Stacey Schlaud and Kenneth Schlaud

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: 03/14/2025 at 3:15 PM

Listing updated: 03/14/2025 at 2:13 PM

Listed by: Sarah Melton, Briggs Freeman Sotheby's Int'l Phone #: (214) 350-0400

MLS: NTREIS #20870789

NTREIS logo

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