tomo logo

$308,678Estimated home value

Beds
3
Baths
2.0
sq ft
1,452

2850 Falls Dr, Dallas, TX 75211

2850 Falls Dr

Dallas, TX 75211

  • Off market
    • Price drop $10,000↓
Welcome to 2850 Falls; thoughtfully reimagined and completely renovated in 2021. Upon entry you'll feel welcomed by the tasteful finishes and functionality of the open concept floor plan. The open kitchen living dining is the heart of the home and is perfect for intimate gatherings; featuring custom built-in dining bench, new back splash, and a butcher block island. Generous master suite complete with en suite bath and custom closet system. 2 spacious guest beds and additional bath to fit the growing family or hosting for a long weekend. Enjoy outdoor entertaining from the private backyard with mature trees, patio, raised garden, and new 8 ft board on board privacy fence. Additional updates include custom blackout window treatments throughout, master shower glass, custom butcher block kitchen island and backsplash, and custom built-in dining bench. Minutes from Bishop Arts, Trinity Groves, Stevens Park Golf Course, and Downtown Dallas. $5,000 BUYER CLOSING CREDIT with preferred lender.

Details

Property type

Single Family Residence

Est. home value

$308,678

Lot size

7,230.96 sq ft

Price per sq ft

$217

Year built

1946

Annual property taxes

$6,287

Price History

07/13/2024
NTREIS

NTREIS #20627008

Removed
07/01/2024
NTREIS

NTREIS #20627008

Price change
$314,900
-3.08%
06/18/2024
NTREIS

NTREIS #20627008

Price change
$324,900
-1.52%

Schools & Community

Neighborhood: 

Southwest Dallas

Elementary school: 

Cowart

Middle school: 

Stockard

High school: 

Molina

School district: 

Dallas 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

$66,642
Asking price
$314,900
Closing costs (~8% of asking)
-$25,192
Est. remaining loan balance
-$223,066
Cash to seller
$66,642

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

Seller’s Loan History

Lender

Ark-La-Tex Financial Services Llc

Loan start date

February 2022

Original loan amount

$236,000

Est. remaining balance

$223,066

Interest rate

3.05%

Loan type

New Conventional, 30 year

Seller

Madison Marie Groves and Jeremy Arthur Groves

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: Off Market

Tomo last checked: 10/04/2024 at 7:20 PM

Listing updated: 07/01/2024 at 11:44 AM

Listed by: Ty Duncan, Duncan Real Estate Co. Phone #: (214) 476-8157

MLS: NTREIS #20627008

NTREIS logo

Recently listed in Dallas

$1,155,000|4 bd|3.0 ba|House
$495,000|4 bd|3.0 ba|House
$1,830,000|4 bd|4.0 ba|House
$295,000|3 bd|2.0 ba|House
$269,000|2 bd|2.0 ba|House
$1,150,000|3 bd|3.0 ba|House
$1,349,000|4 bd|4.0 ba|House
$975,000|4 bd|3.0 ba|House
$549,000|3 bd|2.0 ba|House

Explore top cities in Texas