tomo logo

$619,000

Beds
3
Baths
2.0
sq ft
1,855

4048 Old Town Rd, Addison, TX 75001

4048 Old Town Rd

Addison, TX 75001

  • 15 days on market
    • Price drop $21,000↓
Beautiful 3-bedroom, 2-bath home in the heart of Addison. This charming property features a spacious eat-in kitchen with granite countertops, a cozy living room with tall ceilings and a fireplace. Recent updates including fresh paint, new light fixtures, windows, microwave, oven, water heater, and AC. The private backyard features a pergola and gate access to Greenhill School, along with access to nearby walking trails. The home is ideally located near the Dallas North Tollway, I-635, and just minutes from the Dallas Galleria, dining, and entertainment. Addison residents also have free access to the Addison Athletic Club, offering a gym, indoor basketball, lap pool, and pickleball.

Details

Property type

Single Family Residence

Est. home value

$519,872

Lot size

5,662.8 sq ft

Price per sq ft

$334

Year built

1992

Annual property taxes

$11,112

Price History

04/02/2025
NTREIS

NTREIS #20862234

Listed
$619,000
03/24/2025
NTREIS

NTREIS #20862234

Pending
$619,000
03/20/2025
NTREIS

NTREIS #20862234

Listed
$619,000

Schools & Community

Elementary school: 

Bush

Middle school: 

Walker

High school: 

White

Community features: 

Fitness Center, Lake, Park, Playground, Tennis Court(s)

School district: 

Dallas 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

$300,826
Asking price
$619,000
Closing costs (~8% of asking)
-$49,520
Est. remaining loan balance
-$268,654
Cash to seller
$300,826

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

Seller’s Loan History

Lender

Draper & Kramer Mortgage Corp

Loan start date

September 2021

Original loan amount

$291,200

Est. remaining balance

$268,654

Interest rate

2.87%

Loan type

New Conventional, 30 year

Seller

Junsup Lee and Allison Lee

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: 04/05/2025 at 7:30 AM

Listing updated: 04/02/2025 at 6:56 PM

Listed by: David Heape, Keller Williams Realty DPR Phone #: (972) 732-6000

MLS: NTREIS #20862234

NTREIS logo

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