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$715,000

Beds
4
Baths
3.0
sq ft
2,500

294 County Road 1280, Quitman, TX 75783

294 County Road 1280

Quitman, TX 75783

  • 80 days on market
    • Price drop $34,000↓
Imagine sitting inside your screened in porch, sipping coffee in the mornings, all while watching the sun rise over your very own farm. This property can provide you this heaven on earth experience! It offers 4 bedrooms, 3 full baths, sits on 15.5 acres, and only 3 miles from Lake Fork. (4th bedroom on bottom level of home could also be used as an office.) Equipped with everything you could possibly want in a farm, you may never want to leave! It offers a large fenced in garden for planting your favorite herbs and flowers; a 30x50 workshop with 3 roll up doors; 50x18 Covered RV parking with hook-up; 10x10 pen currently being used for firewood storage; an 18x35 loafing shed with attached corral pen; a 40x60 barn complete with 5 stalls, a washroom, an office, and plenty of storage area for feed and hay. Come see this tranquil farm and make it yours today!

Details

Property type

Single Family Residence

Est. home value

$590,138

Lot size

15.5 acres

Price per sq ft

$286

Year built

2004

Annual property taxes

$4,235

Price History

09/07/2024
NTREIS

NTREIS #20658816

Price change
$715,000
-4.54%
06/27/2024
NTREIS

NTREIS #20658816

Listed
$749,000

Schools & Community

Elementary school: 

Yantis

Middle school: 

Yantis

High school: 

Yantis

School district: 

Yantis 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

$631,837
Asking price
$715,000
Closing costs (~8% of asking)
-$57,200
Est. remaining loan balance
-$25,963
Cash to seller
$631,837

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

Seller’s Loan History

Lender

City National Bank Of Sulphur Springs

Loan start date

July 2015

Original loan amount

$272,000

Est. remaining balance

$25,963

Interest rate

3.05%

Loan type

New Conventional, 10 year

Seller

William Rodney Owens and Rebecca Lee Owens

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: 09/16/2024 at 3:00 PM

Listing updated: 09/13/2024 at 9:39 AM

Listed by: Kaara Dyke, 37:4 Property Company Phone #: (469) 450-5919

MLS: NTREIS #20658816

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