tomo logo

$2,299,000

Beds
4
Baths
4.0
sq ft
4,294

2749 FM 983, Red Oak, TX 75154

2749 FM 983

Red Oak, TX 75154

  • 20 days on market
This Southern Belle Colonial Launched It's Debut at the Dawn of the 20th Century By Sterling Hazard, the President of Red Oak Bank. The Home Remained in the Hazard Family Lineage Until 1979. It Stood Stoically Amongst Pecan Trees & Green Pastures for Decades. Eventually, Time & Neglect Stepped In Until the 2nd Owners Rescued this Breathtaking Beauty from Ground Up. No Detail was Overlooked with this Captivating Classic's Transformation Including the Wrap Around Front Porch with Rocking Chair Charm for All Ages. The Original Architectural Features were Preserved Meticulously Like the Beautiful Bevel-Glassed Front Door & Entry Sidelights that Welcomes One to An Amazing Journey... The Foyer Embellishes a Stunning Solid Oak Staircase Peering Down at Gorgeous Luxury Laminate Flooring. Next to the Foyer, the Original Sliding Pocket Oak Doors Open Up to a Multi-Purpose Room Like the Current 4th Bedroom; an Office; or an Old-Fashioned Sitting Room? The Dining Room Evokes a Timeless Period like Sliding Private Pocket Door; an Oak Chair Rail Replicated Like the Original Plate Holder;& a Beautiful Tiger Oak Mantle Piece with Ornate Carvings. The Eat-in Kitchen is Country Chic in White, Including the Custom Cabinetry; Cozy Coffee Bar Island with a Six Burner Gas Cooktop; Dual Ovens & Sinks & a Huge Stainless Steel Built-in Refrigerator. The Kitchen Windows Provide Natural Light & Captivating Views of the Steel Bridge Crossing Over the Stocked Pond Surrounded By a Lush Green Meadow & Majestic-Treed Backdrop. The 3rd Owners Added Upgrades Such as the 3rd Bathroom, Relaxing Jetted Tub & a Well-Designed 1K SF Separate Guest House. Least Not, There are 2 Huge Insulated Metal Buildings with Lean To's; Building #1, 40X75 (3K SF), Half Bath, Separate Functional Guest House, Storage Mezzanine & Carports; Building #2, 60X75 (4,500 SF). The Entrance Security Gate Watches Over the Home, Buildings, Well-stocked Pond & 25 Pasture of 30 Acres.. See Pictures for More Descriptions.

Details

Property type

Single Family Residence

Est. home value

$1,278,310

Lot size

30.0 acres

Price per sq ft

$536

Year built

1904

Annual property taxes

$18,863

Price History

03/20/2025
NTREIS

NTREIS #20871581

Listed
$2,299,000
01/27/2021
NTREIS

NTREIS #14459521

Removed

Schools & Community

Elementary school: 

Wooden

Middle school: 

Red Oak

High school: 

Red Oak

School district: 

Red Oak 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

$1,098,984
Asking price
$2,299,000
Closing costs (~8% of asking)
-$183,920
Est. remaining loan balance
-$1,016,096
Cash to seller
$1,098,984

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

Seller’s Loan History

Lender

Independent Bank

Loan start date

March 2022

Original loan amount

$1,080,000

Est. remaining balance

$1,016,096

Interest rate

3.55%

Loan type

New Conventional, 30 year

Seller

Mark Tarr

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?

Status: Active

Tomo last checked: 04/10/2025 at 6:15 AM

Listing updated: 03/26/2025 at 10:51 AM

Listed by: Joni Palmer, Ready Real Estate, LLC Phone #: (817) 569-8200

MLS: NTREIS #20871581

NTREIS logo

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