tomo logo

$520,000

Beds
3
Baths
2.0
sq ft
2,015

438 Reno Rd, Gatesville, TX 76528

438 Reno Rd

Gatesville, TX 76528

  • 233 days on market
    • Price drop $32,000↓
Secluded country living with all the conveniences of town within 10 minutes, this ranchette has it all! Gorgeous 3/2 home sitting on 9.2 manicured, cross fenced acres, complete with a barn, shop, storage and more. Sprawling ranch style home features open concept living/kitchen/dining area with custom cabinets, fireplace with built in storage on either side, and breakfast bar with rock accent. Isolated master suite is oversized, featuring a large soaking tub, separate shower and double vanities. Two guest bedrooms have ample closet space and share a hall bath. Large laundry/mud room with side entrance to house. Front and back covered porches are perfect for watching the sun rise and set. Carport has room for multiple vehicles as well as equipment. Barn measures 40x48 with stalls, tack room with water and electric. Small workshop and storage building complement the property. Home features new HVAC. There are deer, turkey and dove every year. Plenty of hard woods including live oaks and peach trees as well as irrigation system for the yard. This place has all the charm of country living and is ready for new owners. Come see it today and enjoy the beautiful Texas bluebonnets.

Details

Property type

Single Family Residence

Est. home value

$461,880

Lot size

9.69 acres

Price per sq ft

$259

Year built

2010

Annual property taxes

$3,459

HOA

No

Price History

10/16/2024
CentralTexas

CentralTexas #539325

Price change
$520,000
-5.8%
08/30/2024
CentralTexas

CentralTexas #539325

Price change
$552,000
-1.78%
06/21/2024
CentralTexas

CentralTexas #539325

Price change
$562,000
-4.75%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

None

High school district: 

Gatesville 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

$289,578
Asking price
$520,000
Closing costs (~8% of asking)
-$41,600
Est. remaining loan balance
-$188,822
Cash to seller
$289,578

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

Seller’s Loan History

Lender

American Financing Corp

Loan start date

November 2021

Original loan amount

$202,117

Est. remaining balance

$188,822

Interest rate

2.88%

Loan type

New Conventional, 30 year

Seller

William Melbern and Britany Melbern

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?

Similar Homes Nearby

NTREIS
$475,000
1 bd
|
2 ba
|
1,590 sq ft
|
House

7247 N State Highway 36, Jonesboro, TX 76538

CentralTexas
$455,000
4 bd
|
2.5 ba
|
2,372 sq ft
|
House

175 Cedar Mountain Rd, Gatesville, TX 76528

Price drop
CentralTexas
$469,000
4 bd
|
3 ba
|
3,098 sq ft
|
House

7820 Moccasin Bend Rd, Gatesville, TX 76528

Status: Active

Tomo last checked: 11/23/2024 at 2:30 AM

Listing updated: 10/16/2024 at 2:46 PM

Listed by: Kandi Luensmann, Front Porch Realty Phone #: (254) 865-6991

MLS: CentralTexas #539325

CentralTexas logo

Recently listed in Gatesville

$234,500|3 bd|2.0 ba|House
$328,500|3 bd|2.0 ba|House
$257,000|3 bd|2.0 ba|House
$239,000|3 bd|2.0 ba|House
$217,000|3 bd|2.0 ba|House
$185,000|3 bd|2.0 ba|House