tomo logo

$222,500

Beds
3
Baths
2.0
sq ft
1,255

300 Ruffin Rd, Mabank, TX 75147

300 Ruffin Rd

Mabank, TX 75147

  • 168 days on market
    • Price drop $1,500↓
MOTIVATED SELLER OFFERING QUALIFIED BUYER $2,000 CONCESSION TOWARD INTEREST RATE BUY-DOWN OR CLOSING COSTS for contract executed in July! CLEAN, WELL MAINTAINED brick on corner lot within walking distance of local elementary school in Mabank ISD! Open concept living-dining-kitchen with oversized windows and sliding glass door allowing great natural light into the living space. Bar height eat-in kitchen with granite countertops, black appliances including built-in microwave, refrigerator with reversible door swing; and laundry room with included washer & dryer. Dining area leads to back covered patio & yard with wood privacy fencing. Separated primary bedroom with large walk-in closet and en suite bath. Great starter or retirement home--or anything in between--in excellent neighborhood close to shopping, dining, and medical; low maintenance back & front yards with flower bed; and easy access for commute to metroplex.

Details

Property type

Single Family Residence

Est. home value

$214,023

Lot size

4,791.6 sq ft

Price per sq ft

$178

Year built

2019

Annual property taxes

$3,599

Price History

07/12/2024
NTREIS

NTREIS #20635857

Price change
$222,500
-0.67%
06/27/2024
NTREIS

NTREIS #20635857

Price change
$224,000
-0.84%
06/07/2024
NTREIS

NTREIS #20635857

Listed
$225,900

Schools & Community

Elementary school: 

Southside

Middle school: 

Unknown

High school: 

Mabank

School district: 

Mabank 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

$57,411
Asking price
$222,500
Closing costs (~8% of asking)
-$17,800
Est. remaining loan balance
-$147,289
Cash to seller
$57,411

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

Seller’s Loan History

Lender

Mid-American Mortgage Inc

Loan start date

October 2021

Original loan amount

$158,000

Est. remaining balance

$147,289

Interest rate

2.87%

Loan type

New Conventional, 30 year

Seller

Douglas L Platts and Beverly D Platts

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: 11/22/2024 at 2:45 PM

Listing updated: 07/12/2024 at 10:33 AM

Listed by: Terri Gregory, McAtee Realty Of Gun Barrel TX Phone #: (903) 887-5658

MLS: NTREIS #20635857

NTREIS logo

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