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$295,000

Beds
3
Baths
2.0
sq ft
1,452

2501 Western Dr, Garland, TX 75042

2501 Western Dr

Garland, TX 75042

  • 49 days on market
    • Price drop $5,000↓
$275k for quick sale if buyer is willing to assume the remaining solar loan. This beautiful brick home built in 1980 is ready for new owner.No GAS and the solar system will save you more than a thousand per year on your electric bills.Easy access to Major hwys, close to schools and restaurants. The backyard offers plenty of room for kids to play or for you to create your own oasis.

Details

Property type

Single Family Residence

Est. home value

$301,657

Lot size

8,145.72 sq ft

Price per sq ft

$204

Year built

1980

Annual property taxes

$6,684

Price History

10/24/2024
NTREIS

NTREIS #20730400

Listed
$295,000
10/21/2024
NTREIS

NTREIS #20730400

Removed
10/11/2024
NTREIS

NTREIS #20730400

Price change
$295,000
-1.67%

Schools & Community

Elementary school: 

Choice Of School

Middle school: 

Choice Of School

High school: 

Choice Of School

School district: 

Garland 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

$98,760
Asking price
$295,000
Closing costs (~8% of asking)
-$23,600
Est. remaining loan balance
-$172,640
Cash to seller
$98,760

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

Seller’s Loan History

Lender

Flagstar Bank Fsb

Loan start date

December 2018

Original loan amount

$191,468

Est. remaining balance

$172,640

Interest rate

4.94%

Loan type

Not Provided, 30 year

Seller

Lum Tiak and Lily Chin

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: 11/05/2024 at 6:30 AM

Listing updated: 10/24/2024 at 6:42 PM

Listed by: Ngunza Thui, JPAR - Addison Phone #: (972) 836-9295

MLS: NTREIS #20730400

NTREIS logo

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