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$253,900

Beds
2
Baths
2.0
sq ft
1,462

428 Cherrywood Ln, Holly Lake Ranch, TX 75765

428 Cherrywood Ln

Holly Lake Ranch, TX 75765

  • 12 days on market
Enjoy this darling 2 bedroom & 2 bath home on two lots with two living areas and two wood burning fireplaces. There is also flex space currently being used as a nursery - has previously been used as an office, could be a craft area, play area, workout area... you decide. Outside you can enjoy the beautiful nature of Holly Lake Ranch on the screened-in front porch, open side porch or right out the primary bedroom door onto the back porch. Home has recently been painted inside. Kitchen floors and front bathroom floors also recently replaced. Holly Lake Ranch is a private gated community with 24/7 security, 18-hole golf course, disk golf, multiple swimming pools, pickle ball, tennis, basketball, putt putt, playground, maintained walking trails and many more amenities and activities.

Details

Property type

Single Family Residence

Est. home value

$202,024

Lot size

0.52 acres

Price per sq ft

$174

Year built

2002

Annual property taxes

$3,402.11

Monthly HOA fee

$260.88

Price History

03/02/2025
Longview

Longview #20251400

Listed
$253,900

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Harmony 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

$111,363
Asking price
$253,900
Closing costs (~8% of asking)
-$20,312
Est. remaining loan balance
-$122,225
Cash to seller
$111,363

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

Seller’s Loan History

Lender

Home Point Financial Corporation

Loan start date

June 2020

Original loan amount

$135,800

Est. remaining balance

$122,225

Interest rate

3.33%

Loan type

New Conventional, 30 year

Seller

Mark A Fatheree and Bethany Fatheree

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: 03/13/2025 at 11:30 PM

Listing updated: 03/06/2025 at 3:00 PM

Listed by: Kyla McCormack, Texas Real Estate Executives, The Daniels Group - Gilmer Phone #: (903) 680-4663

MLS: Longview #20251400

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