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$690,000

Beds
Unknown
sq ft
4,974

3615 Bellmead Dr, Waco, TX 76705

3615 Bellmead Dr

Bellmead, TX 76705

  • 168 days on market
    • Price drop $10,000↓
RARE 8 unit Multi-Family in Waco! Two tri-plexes and one duplex walk up units in this complex. 100% tenant occupied. $6,575 a month in gross income! Incredible 1 bed 1 bath completely remodeled units! Updates include but are not limited to, kitchen cabinets, granite c-tops, SS appliances, fixtures, vinyl wood flooring throughout, ceiling fans, moldings! All new windows! Prime location for easy access to highways and restaurants. Rent amounts listed under the 'Units' tab. Owner bills back water (RUBS) to tenants for extra income.

Details

Property type

Lot size

0.51 acres

Price per sq ft

$139

Year built

1962

Annual property taxes

$4,337

Price History

06/04/2024
NTREIS

NTREIS #20531798

Price change
$690,000
-1.43%
04/11/2024
NTREIS

NTREIS #20531798

Price change
$700,000
-3.45%
03/25/2024
NTREIS

NTREIS #20531798

Price change
$725,000
-3.33%

Schools & Community

Elementary school: 

La Vega

Middle school: 

Unknown

High school: 

La Vega

School district: 

La Vega 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

$252,211
Asking price
$690,000
Closing costs (~8% of asking)
-$55,200
Est. remaining loan balance
-$382,589
Cash to seller
$252,211

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

Seller’s Loan History

Lender

First Bank

Loan start date

March 2021

Original loan amount

$440,000

Est. remaining balance

$382,589

Interest rate

2.79%

Loan type

Not Provided, 20 year

Seller

L & M Slaughter Properties Llc

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?

Status: Active

Tomo last checked: 07/26/2024 at 1:45 PM

Listing updated: 06/28/2024 at 9:53 AM

Listed by: Will Clark, OmniKey Realty, LLC. Phone #: (972) 480-8280

MLS: NTREIS #20531798

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