tomo logo

$285,000

Beds
2
Baths
1.0
sq ft
1,144

2999 FM 16, Canton, TX 75103

2999 FM 16

Canton, TX 75103

  • 73 days on market
    • Price drop $5,000↓
Cute, quaint, country farmhouse on approximately 3 acres. 2 bedrooms, 1 bath, and workshop in Van ISD - would be perfect for starter, investment or retirement home. Per Seller this home was remodeled in 2023 - roof, windows, water heater, spray foam, sheet rock, floors, cabinets, countertops and paint. Large, covered back porch with partially fenced backyard. Utilize the workshop next to the house for tools or yard equipment.

Details

Property type

Single Family Residence

Est. home value

$172,828

Lot size

3.0 acres

Price per sq ft

$250

Year built

1975

Annual property taxes

$2,824

Price History

10/17/2024
NTREIS

NTREIS #20724092

Price change
$285,000
-1.72%
09/09/2024
NTREIS

NTREIS #20724092

Listed
$290,000
02/10/2023
NTREIS

NTREIS #20235895

Removed

Schools & Community

Elementary school: 

Rhodes

Middle school: 

Van

High school: 

Van

School district: 

Van 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

$108,729
Asking price
$285,000
Closing costs (~8% of asking)
-$22,800
Est. remaining loan balance
-$153,471
Cash to seller
$108,729

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

Seller’s Loan History

Lender

Fairway Independent Mortgage Corp

Loan start date

February 2023

Original loan amount

$156,750

Est. remaining balance

$153,471

Interest rate

6.27%

Loan type

New Conventional, 30 year

Seller

Collin Matthew Cole and Kamryn Cole

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?

Similar Homes Nearby

New
NTREIS
$265,000
2 bd
|
1 ba
|
2,104 sq ft
|
House

18861 FM 17, Canton, TX 75103

NTREIS
$299,000
2 bd
|
2 ba
|
1,758 sq ft
|
House

779 E Texas St, Van, TX 75790

Price drop
NTREIS
$245,000
1 bd
|
1 ba
|
576 sq ft
|
House

7449 FM 773, Ben Wheeler, TX 75754

Status: Active

Tomo last checked: 11/22/2024 at 9:20 AM

Listing updated: 10/17/2024 at 2:47 PM

Listed by: Jessica Harrell, Exit Realty Pro Phone #: (903) 567-7777

MLS: NTREIS #20724092

NTREIS logo

Recently listed in Canton

$265,000|2 bd|1.0 ba|House
$689,000|4 bd|3.0 ba|House
$450,000|3 bd|2.0 ba|House
$320,000|4 bd|2.0 ba|House
$565,000|4 bd|4.0 ba|House