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$575,000

Beds
3
Baths
2.0
sq ft
2,262

2713 Phyllis Ln, Rockwall, TX 75087

2713 Phyllis Ln

Rockwall, TX 75087

  • 80 days on market
    • Price drop $15,000↓
    • Open house Jan 25
Quintessential Country Living that is close to Interstate 30, Shopping and all that Rockwall, Fate and Royse City have to offer. Located on 1.5 acres on Cul De Sac and No HOA. This 2262 sq foot, 3 bedroom and 2 bathroom charmer has a pond, putting green and tons of updates. This property features tree coverage and 300 feet of wrought iron fencing. Coffered ceilings in all bedrooms add a beautiful touch to this beautiful home. The 3 car garage has black epoxy floors on a long driveway that can be used for boat, rv or trailer.

Details

Property type

Single Family Residence

Est. home value

$568,314

Lot size

1.509 acres

Price per sq ft

$255

Year built

1992

Annual property taxes

$6,817

Price History

12/30/2024
NTREIS

NTREIS #20768430

Listed
$575,000
12/26/2024
NTREIS

NTREIS #20768430

Pending
$575,000
12/05/2024
NTREIS

NTREIS #20768430

Price change
$575,000
-2.54%

Schools & Community

Elementary school: 

Vernon

Middle school: 

Royse City

High school: 

Royse City

School district: 

Royse City 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

$297,110
Asking price
$575,000
Closing costs (~8% of asking)
-$46,000
Est. remaining loan balance
-$231,890
Cash to seller
$297,110

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

Seller’s Loan History

Lender

United Wholesale Mortgage

Loan start date

August 2022

Original loan amount

$240,000

Est. remaining balance

$231,890

Interest rate

5.3%

Loan type

New Conventional, 30 year

Seller

Tom Ledbetter and Lyly Karine Ledbetter

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: 01/23/2025 at 8:25 AM

Listing updated: 01/21/2025 at 7:52 PM

Listed by: Michael Perry, Perry Legacy Realty Phone #: (214) 779-6643

MLS: NTREIS #20768430

NTREIS logo

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