tomo logo

$220,000

Beds
3
Baths
2.0
sq ft
1,694

3707 Spence St, Dallas, TX 75215

3707 Spence St

Dallas, TX 75215

  • 1 day on market
*INCOME RESTRICTED* This charming brand new construction home, exclusively available to qualified buyers, offers 3 bedrooms, 2 bathrooms, and 1650 sq ft of living space. With a spacious open floor plan, new appliances, and modern bathrooms, it's perfect for hosting gatherings. Buyers must meet the City of Dallas' 60% AMI income requirement and adhere to a 5-year occupancy restriction. Just minutes from Downtown Dallas, the Dallas Zoo, and Fair Park, this property presents a unique opportunity for homeownership under an affordable housing program. Take advantage of various down payment assistance programs available to secure your dream home.

Details

Property type

Single Family Residence

Est. home value

$221,648

Lot size

4,573.8 sq ft

Price per sq ft

$130

Year built

2023

Annual property taxes

$7,128

Price History

01/13/2025
NTREIS

NTREIS #20816315

Listed
$220,000
11/09/2024
NTREIS

NTREIS #20702919

Removed
10/06/2024
NTREIS

NTREIS #20702919

Listed
$208,000

Schools & Community

Neighborhood: 

South Boulevard-Park Row Historic

Elementary school: 

Dunbar

Middle school: 

Dade

High school: 

Madison

School district: 

Dallas ISD

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Bay Mountain Fund I Llc

Loan start date

September 2022

Original loan amount

$174,500

Est. remaining balance

Not provided

Interest rate

5.51%

Loan type

Purchase Money Mortgage

Seller

Focis Holding Group 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: 01/15/2025 at 4:15 AM

Listing updated: 01/13/2025 at 7:47 PM

Listed by: Lauren Bailey, Keller Williams Realty Best SW Phone #: (972) 283-8800

MLS: NTREIS #20816315

NTREIS logo

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