tomo logo

$266,949Estimated home value

Beds
3
Baths
2.0
sq ft
1,948

311 Grace Ln, Terrell, TX 75160

311 Grace Ln

Terrell, TX 75160

  • Sold On 10/24/2024
    • Price drop $100↓
Priced to sell! This inviting home instantly catches your eye, nestled in a desirable family friendly neighborhood, has been beautifully updated with new windows, fresh paint & new flooring in the kitchen and bathroom. The spacious family room exudes warmth with its wood-beamed ceiling, brick gas fireplace & built-ins, creating a cozy retreat. The kitchen is a chef's delight, featuring granite countertops, breakfast bar and ample cabinetry. A versatile second living area offers the perfect space for a home office or playroom. The home includes three generously sized bedrooms and two full baths, with the primary bedroom featuring an ensuite for added privacy. Outside, the large backyard with a pergola-covered deck is perfect for entertaining, complemented by well-maintained landscaping that enhances the home's curb appeal. Ideally located near schools and close to parks like Arlie E. White Memorial Park, this home is an exceptional find for families. Don't miss this great opportunity!

Details

Property type

Single Family Residence

Est. home value

$266,949

Lot size

0.24 acres

Price per sq ft

$139

Year built

1955

Annual property taxes

$5,820

Price History

10/24/2024
NTREIS

NTREIS #20709270

Removed
09/27/2024
NTREIS

NTREIS #20709270

Pending
$269,900
09/12/2024
NTREIS

NTREIS #20709270

Price change
$269,900
-0.04%

Schools & Community

Elementary school: 

Wood

Middle school: 

Furlough

High school: 

Terrell

School district: 

Terrell 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

$71,197
Asking price
$269,900
Closing costs (~8% of asking)
-$21,592
Est. remaining loan balance
-$177,111
Cash to seller
$71,197

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

Seller’s Loan History

Lender

United Wholesale Mortgage

Loan start date

February 2020

Original loan amount

$195,395

Est. remaining balance

$177,111

Interest rate

3.64%

Loan type

FHA, 30 year

Seller

William Franklin Hailey Jr

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

NTREIS
$309,000
3 bd
|
2 ba
|
1,538 sq ft
|
House

109 Wisteria Ct, Terrell, TX 75160

Price drop
NTREIS
$285,000
3 bd
|
2 ba
|
1,605 sq ft
|
House

200 Town North Dr, Terrell, TX 75160

NTREIS
$268,000
3 bd
|
2 ba
|
1,250 sq ft
|
House

203 W Alamo St, Terrell, TX 75160

Status: Off Market

Tomo last checked: 11/09/2024 at 10:05 AM

Listing updated: 10/24/2024 at 12:27 PM

Listed by: Amy Downs, Livv Real Estate, LLC Phone #: (972) 821-6145

MLS: NTREIS #20709270

NTREIS logo

Recently listed in Terrell

$264,900|4 bd|3.0 ba|Manufactured
$515,000|4 bd|2.0 ba|House
$599,000|4 bd|3.0 ba|House
$250,000|3 bd|2.0 ba|House
$465,000|3 bd|2.0 ba|House
$187,000|2 bd|1.0 ba|House
$132,000|2 bd|1.0 ba|House