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$615,000

Beds
4
Baths
4.5
sq ft
3,063

2720 Essex St, Edinburg, TX 78539

2720 Essex St

Edinburg, TX 78539

  • 410 days on market
    • Price drop $15,000↓
This magnificent property is located in one of the most desirable neighborhoods in the area and is nearly brand new. With high-end finished this home offer luxurious living at its finest. The four bedrooms in this home are all generously sized, each with its own en-suite bathrooms. The master suite is particularly impressive, with its own luxurious bathroom featuring dual vanities, a large soaking tub, and a separate shower. Overall, this luxury home with 4 bedrooms and 4 1/2 bathrooms in a prestigious neighborhood is the ultimate in modern living. With is high-end finishes, thoughtful design, and prime location, this property offers the perfect combination of luxury and convenience.

Details

Property type

Single Family Residence

Est. home value

$649,408

Lot size

7,727.98 sq ft

Price per sq ft

$201

Year built

2020

Annual property taxes

$10,160

Monthly HOA fee

$41.67

Price History

07/11/2024
McAllenTX

McAllenTX #414435

Price change
$615,000
-2.38%
02/05/2024
McAllenTX

McAllenTX #414435

Price change
$630,000
-3.08%
09/24/2023
McAllenTX

McAllenTX #414435

Listed
$650,000

Schools & Community

Elementary school: 

Canterbury

Middle school: 

South Middle School

High school: 

Vela H.S.

Community features: 

Gated, Sidewalks, Street Lights

High school district: 

Edinburg 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

$321,684
Asking price
$615,000
Closing costs (~8% of asking)
-$49,200
Est. remaining loan balance
-$244,116
Cash to seller
$321,684

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

Seller’s Loan History

Lender

Cornerstone Home Lending Inc

Loan start date

November 2020

Original loan amount

$316,000

Est. remaining balance

$244,116

Interest rate

2.4%

Loan type

New Conventional, 15 year

Seller

Prasad Movva and Sumathi Movva

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: 11/08/2024 at 1:05 PM

Listing updated: 07/11/2024 at 3:45 PM

Listed by: Javier (Javi) Cantu, Coldwell Banker La Mansion Phone #: (956) 631-1322

MLS: McAllenTX #414435

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