tomo logo

$598,500

Beds
4
Baths
3.0
sq ft
2,469

265 Colorado St, Van, TX 75790

265 Colorado St

Van, TX 75790

  • 39 days on market
    • Price drop $1,499↓
This Texas treasure showcases modern updates and a touch of Southern charm with its four bedrooms, three baths and 2,469 sq. ft living area. Nestled on 1.59 acres in town, this East Texas beauty is loaded with extras from mahogany floors, new wood-core kitchen cabinets, built-in Baker’s Rack, industrial kitchen sink, solar panels, an EV charging station in the two car garage, 11 ft Quartzite kitchen island with built-in charging station, open floor plan with new lighting, fireplace, large RV carport and a 700 sq. ft metal building with ac and heat and CAT 6 internet, new foam insulation for temperature control, high-speed internet, fenced back yard with extra lots, coffee bar with built in cabinets, office with wooden built-in bookcases, primary bathroom with two sink vanity, NEST thermostat, and much more. Within walking distance of Van Junior High and only minutes from Interstate 20. All appliances (even washer and dryer) are included in this sale. A new working greenhouse, back yard garden boxes with kale, eggplant and tomatoes, and a living wall with blueberry, blackberry and elderberry vines elevate this dream home.

Details

Property type

Single Family Residence

Est. home value

$439,512

Lot size

1.59 acres

Price per sq ft

$243

Year built

1995

Price History

12/02/2024
NTREIS

NTREIS #20776400

Price change
$598,500
-0.25%
11/13/2024
NTREIS

NTREIS #20776400

Listed
$599,999
08/30/2021
NTREIS

NTREIS #14636407

Removed

Schools & Community

Elementary school: 

Rhodes

Middle school: 

Van

High school: 

Van

School district: 

Van 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

$189,442
Asking price
$598,500
Closing costs (~8% of asking)
-$47,880
Est. remaining loan balance
-$361,178
Cash to seller
$189,442

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

Seller’s Loan History

Lender

Highlands Residential Mortgage Ltd

Loan start date

August 2021

Original loan amount

$389,000

Est. remaining balance

$361,178

Interest rate

2.88%

Loan type

VA, 30 year

Seller

Glenn A Barnes and Katherine L Barnes

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: 12/23/2024 at 8:35 AM

Listing updated: 12/02/2024 at 1:13 PM

Listed by: Jeanette Germany, Tankersley Real Estate Phone #: (903) 963-5565

MLS: NTREIS #20776400

NTREIS logo

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