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$245,000

Beds
3
Baths
2.0
sq ft
1,425

426 N Washington St, Farmersville, TX 75442

426 N Washington St

Farmersville, TX 75442

  • 21 days on market
    • Price drop $4,900↓
$5,000 SELLER CONCESSIONS AVAILABLE!! Prime location walkable to downtown and across from Tatum Elementary. Charming Corner Lot Home in Historic Farmersville. Enjoy the tranquility of a quiet neighborhood, while still being just 20 minutes from the vibrant city life of the McKinney and Rockwall areas. Nestled in a peaceful, family-friendly community, this well-maintained craftsman-style home offers the perfect blend of charm, convenience, and community. The large backyard offers ample space for any outdoor upgrades, amenities or future developments on a corner lot. The home has updated electrical, plumbing and foundation to meet all traditional financing options. Three large bedrooms, two tastefully renovated bathrooms. One bright and spacious living and dining area. Updated kitchen with butcher block counters and a rare walk-in laundry room. Come be apart of all the local history, festivals and events, all while enjoying what the affordable downtown Farmersville area has to offer. GO FARMERS!!

Details

Property type

Single Family Residence

Est. home value

$239,472

Lot size

7,074.144 sq ft

Price per sq ft

$172

Year built

1954

Annual property taxes

$5,087

Price History

10/25/2024
NTREIS

NTREIS #20744429

Price change
$245,000
-1.96%
10/15/2024
NTREIS

NTREIS #20744429

Listed
$249,900
09/02/2024
NTREIS

NTREIS #20686696

Removed

Schools & Community

Elementary school: 

Tatum

Middle school: 

Unknown

High school: 

Farmersville

School district: 

Farmersville 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

$115,272
Asking price
$245,000
Closing costs (~8% of asking)
-$19,600
Est. remaining loan balance
-$110,128
Cash to seller
$115,272

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

Seller’s Loan History

Lender

Prosperity Bank

Loan start date

March 2020

Original loan amount

$121,500

Est. remaining balance

$110,128

Interest rate

3.51%

Loan type

New Conventional, 30 year

Seller

Lauri Lee Ann Keck

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: 11/05/2024 at 3:10 PM

Listing updated: 10/30/2024 at 12:17 PM

Listed by: Daniel Podina, Paragon, REALTORS Phone #: (214) 515-9888

MLS: NTREIS #20744429

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