tomo logo

$499,900

Beds
4
Baths
2.0
sq ft
1,948

3823 FM 987, Kaufman, TX 75142

3823 FM 987

Kaufman, TX 75142

  • 99 days on market
    • Price drop $40,100↓
SELLER MOTIVATED! Discover your dream ranch-style home in Post Oak Bend. This charming property features four bedrooms, two bathrooms, and is fitted with a new HVAC system, updated showers and a closed in front porch with windows to sit and relax. Set on expansive acreage that’s fully fenced and cross-fenced, it includes a pond and a barn, perfect for those wishing to keep cattle or horses. Embrace country living while still being conveniently close to the the city, shopping and restaurants. Whether you're winding down in your spacious living area or stepping outside to enjoy the vast, serene landscape with huge mature trees, this home offers both comfort and utility. Ideal for families looking for space, freedom, and a touch of rural life. Corner lot with road frontage on FM 987 and CR 280. Close to Hwy 175 and Hwy 34.

Details

Property type

Single Family Residence

Est. home value

$456,802

Lot size

7.94 acres

Price per sq ft

$257

Year built

1976

Annual property taxes

$6,457

Price History

08/08/2024
NTREIS

NTREIS #20640027

Price change
$499,900
-7.43%
07/27/2024
NTREIS

NTREIS #20640027

Price change
$540,000
-1.82%
07/10/2024
NTREIS

NTREIS #20640027

Price change
$550,000
-1.79%

Schools & Community

Elementary school: 

Lucille Nash

Middle school: 

Unknown

High school: 

Kaufman

School district: 

Kaufman 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

$212,337
Asking price
$499,900
Closing costs (~8% of asking)
-$39,992
Est. remaining loan balance
-$247,571
Cash to seller
$212,337

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

Seller’s Loan History

Lender

Prime Source Mortgage Inc

Loan start date

September 2017

Original loan amount

$287,500

Est. remaining balance

$247,571

Interest rate

3.93%

Loan type

VA, 30 year

Seller

Torivio C Ricarte and Helen J Ricarte

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: 09/19/2024 at 7:50 PM

Listing updated: 08/15/2024 at 2:54 PM

Listed by: Beverly Davis, Elsie Halbert Real Estate, LLC Phone #: (972) 962-2110

MLS: NTREIS #20640027

NTREIS logo

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