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$200,000

Beds
4
Baths
3.0
sq ft
2,352

307 N Mill St, Winnsboro, TX 75494

307 N Mill St

Winnsboro, TX 75494

  • 58 days on market
    • Price drop $19,000↓
Incredible Opportunity for Renovation and Investment and Priced to increase your ROI! This classic Turn-of-The-Century home is a diamond in the rough, situated on a spacious corner lot with endless potential. This 4-bedroom, 3-bathroom home offers a fantastic opportunity to restore its historic charm or make modern upgrades. With a flexible layout that includes both upstairs and downstairs living areas and storage areas, this home is ideal for multi-generational families, rental income, or a short-term vacation rental investment. Featuring high ceilings, original architectural details, and an abundance of natural light, the home’s spacious interior offers a warm, welcoming atmosphere. The oversized bedrooms provide comfort and privacy, while the open layout allows for easy updates to make it your own. Outside, the expansive corner lot provides ample room for storage in the carport and workshop, and offers the perfect space for gardening, outdoor entertainment, or future additions. This property is being sold as-is and is ready for the next owner to bring their vision to life. With its prime location and incredible potential, this home won’t last long. Don’t miss out on the chance to make this project your own! All information is deemed reliable but not guaranteed. Buyer and buyer's agent should conduct their own due diligence to verify all details.

Details

Property type

Single Family Residence

Est. home value

$198,169

Lot size

0.33 acres

Price per sq ft

$86

Year built

1900

Annual property taxes

$4,706

Price History

03/29/2025
NTREIS

NTREIS #20834749

Price change
$200,000
-8.68%
03/01/2025
NTREIS

NTREIS #20834749

Price change
$219,000
-2.67%
02/04/2025
NTREIS

NTREIS #20834749

Listed
$225,000

Schools & Community

Elementary school: 

Winnsboro

Middle school: 

Memorial

High school: 

Winnsboro

School district: 

Winnsboro 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

$72,908
Asking price
$200,000
Closing costs (~8% of asking)
-$16,000
Est. remaining loan balance
-$111,092
Cash to seller
$72,908

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

Seller’s Loan History

Lender

Guaranteed Rate Affinity Llc

Loan start date

April 2018

Original loan amount

$127,500

Est. remaining balance

$111,092

Interest rate

4.46%

Loan type

VA, 30 year

Seller

Bradley Allen Neaves and Amber N Neaves

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: 04/03/2025 at 11:00 AM

Listing updated: 03/29/2025 at 10:06 AM

Listed by: Stephanie Cotton, Reside Realty Group Phone #: (972) 567-1961

MLS: NTREIS #20834749

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