tomo logo

$990,000

Beds
5
Baths
6.0
sq ft
6,038

311 Spring Creek Dr, Waxahachie, TX 75165

311 Spring Creek Dr

Waxahachie, TX 75165

  • 114 days on market
    • Price drop $8,999↓
You want a Diamond in the Rough?? Look no further! Fully updated in 2022, This much luxury on 5 acres with a pool, sport court and a 2 story guest house for under $1M in the heart of the 8th fastest growing county in the US is simply unheard of! INCLUDES SOLAR FOR FREE!! Located in the city of Waxahachie but you'll think you're WAY out in the country AND you're less than 5 minutes from over 50 restaurants and endless entertainment. You can be in downtown Dallas in 25 minutes; are you kidding me?! This was purchased 2 years ago for $1.17M so if instant equity gets your heartrate up with the potential for some historic appreciation in the coming years, take advantage now or watch someone else do it.

Details

Property type

Single Family Residence

Est. home value

$1,048,576

Lot size

5.074 acres

Price per sq ft

$164

Year built

1991

Annual property taxes

$25,235

Price History

09/06/2024
NTREIS

NTREIS #20663373

Price change
$990,000
-0.9%
09/02/2024
NTREIS

NTREIS #20663373

Price change
$998,999
-0.1%
07/22/2024
NTREIS

NTREIS #20663373

Listed
$999,999

Schools & Community

Elementary school: 

Margaret Felty

Middle school: 

Unknown

High school: 

Waxahachie

School district: 

Waxahachie 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

$7,553
Asking price
$990,000
Closing costs (~8% of asking)
-$79,200
Est. remaining loan balance
-$903,247
Cash to seller
$7,553

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

Seller’s Loan History

Lender

Cardinal Financial Company Lp

Loan start date

June 2022

Original loan amount

$936,000

Est. remaining balance

$903,247

Interest rate

5.1%

Loan type

New Conventional, 30 year

Seller

Kelly Crawford and Jennifer Crawford

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: 11/05/2024 at 5:40 PM

Listing updated: 09/19/2024 at 12:19 PM

Listed by: Ryan Mclemore, Pinnacle Realty Advisors Phone #: (972) 338-5441

MLS: NTREIS #20663373

NTREIS logo

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