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$365,000

Beds
3
Baths
1.0
sq ft
1,305

4781 FM 1993, Cookville, TX 75558

4781 FM 1993

Cookville, TX 75558

  • 111 days on market
    • Price drop $64,900↓
3 Bedroom 1 bath 2 car attached carport, separate laundry room off the carport area, 28' X 28' shop in the back with a 6 inch concrete floor, two wells - a shallow well and a deep well. New back yard fence 650' of horse wire fence enclosed with two small entry gates next to the house and two drive through entrance gates for your pets or animals. Beautiful rolling hills with pasture and some of the largest oaks and pine trees around, two fully grown black walnut trees, two banana trees, one nectarine tree, eight fully mature pecan trees, two young pecan trees, eight young apple trees, two young fig trees and two blueberry bushes. Sits just a little ways from a major I-30 exit ramp that goes to Little Rock, Arkansas and Dallas, TX. Great for a commercial business or a homestead. Has potential to build a large pond next to the house where the little pond is now. Private driveway and the house sits well off of FM 1993 in the front. Only 9 miles to Mount Pleasant, TX on I-30.

Details

Property type

Single Family Residence

Est. home value

$285,723

Lot size

6.86 acres

Price per sq ft

$280

Year built

1985

Annual property taxes

$1,963

Price History

12/14/2024
NTREIS

NTREIS #20720997

Price change
$365,000
-15.1%
09/04/2024
NTREIS

NTREIS #20720997

Listed
$429,900

Schools & Community

Elementary school: 

Annie Sims

Middle school: 

Wallace

High school: 

Mount Pleasant

School district: 

Mount Pleasant 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

$197,046
Asking price
$365,000
Closing costs (~8% of asking)
-$29,200
Est. remaining loan balance
-$138,754
Cash to seller
$197,046

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

Seller’s Loan History

Lender

First Community Bank

Loan start date

January 2024

Original loan amount

$140,000

Est. remaining balance

$138,754

Interest rate

7.22%

Loan type

New Conventional, 30 year

Seller

Lonnie Ray Lane and Claudia Lizzette Lane

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: 12/25/2024 at 8:35 AM

Listing updated: 12/14/2024 at 3:22 PM

Listed by: Stephen Eaton, Eaton Realty Phone #: (409) 766-1111

MLS: NTREIS #20720997

NTREIS logo

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