tomo logo

$1,675,000

Beds
4
Baths
5.0
sq ft
2,486

2531 Homestead Ct, Tool, TX 75143

2531 Homestead Ct

Tool, TX 75143

  • 86 days on market
    • Price drop $25,000↓
Custom modern farmhouse with great water depth and views. This gated community owns the 8 acres adjacent to the property, see agent for fun facts. From top to bottom, front to back, this home has everything you want! The stunning soft modern interior includes a large open floor plan with view to the lake from every window. The gourmet kitchen seamlessly integrates with the family living and dining areas, leading to a beautiful porch equipped with an outdoor kitchen and fireplace. Electric shades provide a year round bug free area to entertain. The first floor has the spacious primary bedroom with ensuite bath and again views to the lake! Upstairs has an second living area, 2 bedrooms with ensuite baths and a bunkroom with ensuite bath. Fully fenced back yard is perfect for all family members. The composite dock has covered seating and a large party deck, great to watch fireworks! The Seller is offering a very friendly furniture package. Listing agent is related to the Seller.

Details

Property type

Single Family Residence

Est. home value

$1,379,963

Lot size

0.28 acres

Price per sq ft

$674

Year built

2020

Annual property taxes

$19,194

Monthly HOA fee

$150

Price History

10/04/2024
NTREIS

NTREIS #20699753

Price change
$1,675,000
-1.47%
08/10/2024
NTREIS

NTREIS #20699753

Listed
$1,700,000

Schools & Community

Elementary school: 

Malakoff

Middle school: 

Malakoff

High school: 

Malakoff

Community features: 

Gated

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

$1,075,495
Asking price
$1,675,000
Closing costs (~8% of asking)
-$134,000
Est. remaining loan balance
-$465,505
Cash to seller
$1,075,495

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

Seller’s Loan History

Lender

0Cardinal Financial Co Limited Partnersh

Loan start date

December 2020

Original loan amount

$510,400

Est. remaining balance

$465,505

Interest rate

2.81%

Loan type

New Conventional, 30 year

Seller

Joshua Blake Smith and Christine Smith

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 10:35 AM

Listing updated: 11/04/2024 at 4:37 AM

Listed by: Courtney Dickens Johnson, TX Lake & Land Real Estate Phone #: (903) 802-7080

MLS: NTREIS #20699753

NTREIS logo

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