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$255,000

Beds
3
Baths
2.0
sq ft
1,561

2721 29th St, Lubbock, TX 79410

2721 29th St

Lubbock, TX 79410

  • 100 days on market
    • Price drop $10,000↓
Discover this exceptional 3-bedroom, 2-bathroom home located in the desirable Tech Terrace neighborhood. Boasting two living areas, a recently updated kitchen, and both a garage and a carport, this property offers ample space and convenience. The expansive backyard is perfect for outdoor activities and entertaining. Significant upgrades include a new air conditioning system, hot water heater, and updated plumbing, all completed within the last two years. This home combines modern comforts with functional living spaces, making it an ideal choice for any discerning buyer. Walking distance to shops, parks and bus stops to Texas Tech.

Details

Property type

Single Family Residence

Est. home value

$234,976

Lot size

6,944 sq ft

Price per sq ft

$164

Year built

1941

Annual property taxes

$3,990

Price History

08/03/2024
Lubbock

Lubbock #202408285

Price change
$255,000
-3.77%
06/11/2024
Lubbock

Lubbock #202408285

Listed
$265,000

Schools & Community

Neighborhood: 

Tech Terrace

Elementary school: 

Wilson

Middle school: 

Hutchinson

High school: 

Lubbock

Community features: 

Tennis Court(s)

School district: 

Lubbock 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

$70,995
Asking price
$255,000
Closing costs (~8% of asking)
-$20,400
Est. remaining loan balance
-$163,605
Cash to seller
$70,995

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

Seller’s Loan History

Lender

Security State Bank & Trust

Loan start date

August 2022

Original loan amount

$168,440

Est. remaining balance

$163,605

Interest rate

5.3%

Loan type

New Conventional, 30 year

Seller

Brandon Joseph Loth and Madison Nichole Loth

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: 09/18/2024 at 9:05 PM

Listing updated: 09/03/2024 at 2:18 PM

Listed by: Hanna L Boyce, Lyons Realty

MLS: Lubbock #202408285

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