tomo logo

$299,000

Beds
3
Baths
2.0
sq ft
1,384

344 Oak St, Nocona, TX 76255

344 Oak St

Nocona, TX 76255

  • 70 days on market
    • Price drop $16,000↓
AMAZING deal on this heavily wooded with nice mature trees on Lake Nocona. This three-bedroom two-bath lake front property has 1394 sq ft. of living space. Property has 3 storage sheds, one is air conditioned and could be fixed up and used as an extra bedroom and guest space. The lot is heavily wooded with mature trees providing great shade and boasts an approximate 150 ft zip-line for entertainment. New windows have been installed for better views and energy savings. The backyard is great for entertaining, and has lighting all down through the trees. There is a lot of storage space for boat and water toys in the 30x30 garage or shop. This property could be home, a weekend lake retreat or turned in to an Air BNB investment. Interior furniture can be negotiated in the sale making this a great opportunity for a vacation home. Vintage RV under metal carport is included with the sale.

Details

Property type

Single Family Residence

Est. home value

$342,578

Lot size

1.137 acres

Price per sq ft

$217

Year built

1981

Annual property taxes

$5,220

Price History

10/28/2024
NTREIS

NTREIS #20706274

Price change
$299,000
-5.08%
08/26/2024
NTREIS

NTREIS #20706274

Listed
$315,000
08/02/2024
NTREIS

NTREIS #20587521

Removed

Schools & Community

Elementary school: 

Prairie Va

Middle school: 

Prairie Va

High school: 

Prairie Va

School district: 

Prairie Valley 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

$99,295
Asking price
$299,000
Closing costs (~8% of asking)
-$23,920
Est. remaining loan balance
-$175,785
Cash to seller
$99,295

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

Seller’s Loan History

Lender

Highlands Residential Mortgage Ltd

Loan start date

September 2020

Original loan amount

$193,500

Est. remaining balance

$175,785

Interest rate

2.98%

Loan type

New Conventional, 30 year

Seller

Joshua Benjamin Zimmerman and Elizabeth Zimmerman

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 6:00 PM

Listing updated: 10/28/2024 at 5:17 AM

Listed by: Shelby Fuller, Red River Realty Phone #: (940) 235-0843

MLS: NTREIS #20706274

NTREIS logo

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