tomo logo

$300,000

Beds
3
Baths
2.0
sq ft
1,458

402 Collin St, Nevada, TX 75173

402 Collin St

Nevada, TX 75173

  • 9 days on market
Welcome to your charming bungalow retreat in the heart of Nevada, TX! Nestled on an expansive interior corner lot spanning nearly half an acre, this beautifully updated 3-bedroom, 2-bathroom home offers the perfect blend of comfort, space, and privacy. Located just minutes from Lake Lavon, you’ll enjoy the tranquility of a growing community with room to spread out and savor the peaceful surroundings. Step inside to discover a thoughtfully designed open-concept layout featuring wood-style flooring throughout — no carpet here! Freshly painted and move-in ready, the home boasts abundant natural light, highlighted by large windows that frame serene views of the spacious yard. The inviting living area is enhanced by a stunning wood beam ceiling, adding warmth and character to the space. The kitchen is a chef’s delight, complete with granite countertops, stainless steel appliances, and a gas stove, perfect for preparing delicious meals. The primary suite offers a peaceful retreat, while two additional bedrooms provide ample space for family, guests, or a home office. Outdoor living is equally impressive with a large, fenced backyard ideal for entertaining, gardening, or simply relaxing under the Texas sky. Enjoy summer barbecues on the covered deck in the separate fenced side yard, providing a private oasis for gatherings or a safe space for pets to play. The oversized two-car garage offers additional storage and workshop potential. Experience the best of both worlds — the serene charm of a small town with easy access to nearby amenities and outdoor recreation at Lake Lavon. With plenty of room to customize and make it your own, this home is ready to welcome you. Don’t miss the opportunity to own this slice of Texas paradise — schedule your showing today! UPDATES since 2021: flooring - whole house, tankless WH, fence & gate, landscape, 5 in gutters, foundation w. warranty, paint, solar security lights, cameras, radio-cell tower

Details

Property type

Single Family Residence

Est. home value

$284,290

Lot size

0.44 acres

Price per sq ft

$206

Year built

1942

Annual property taxes

$4,699

Price History

03/25/2025
NTREIS

NTREIS #20877493

Listed
$300,000
12/11/2020
NTREIS

NTREIS #14445162

Removed

Schools & Community

Elementary school: 

Mcclendon

Middle school: 

Leland Edge

High school: 

Community

School district: 

Community 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

$99,729
Asking price
$300,000
Closing costs (~8% of asking)
-$24,000
Est. remaining loan balance
-$176,271
Cash to seller
$99,729

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

Seller’s Loan History

Lender

Texas Dow Employees Cu

Loan start date

December 2020

Original loan amount

$195,000

Est. remaining balance

$176,271

Interest rate

2.8%

Loan type

New Conventional, 30 year

Seller

Benito Ponce and Tracey J Ponce

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: 04/04/2025 at 6:25 AM

Listing updated: 03/27/2025 at 4:31 PM

Listed by: Alison Houpt, Scout RE Texas Phone #: (214) 532-8327

MLS: NTREIS #20877493

NTREIS logo

Recently listed in Nevada

$549,900|4 bd|2.0 ba|House
$700,000|3 bd|2.0 ba|Manufactured
$715,920|4 bd|3.0 ba|House
$499,900|3 bd|2.0 ba|House
$334,990|4 bd|2.0 ba|House
$249,495|3 bd|2.0 ba|House
$300,000|3 bd|2.0 ba|House
$428,532|3 bd|3.0 ba|House
$389,900|3 bd|2.0 ba|House
$314,990|4 bd|3.0 ba|House