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$335,000

Beds
3
Baths
2.0
sq ft
1,634

48 W Elmwood Dr, Mount Vernon, TX 75457

48 W Elmwood Dr

Mount Vernon, TX 75457

  • 18 days on market
    • Price drop $5,000↓
Great family home in a highly desirable family-friendly neighborhood, just minutes from Lake Cypress Springs, Lake Bob Sandlin, with convenient commute access to Mount Pleasant and Sulphur Springs. With an open floor plan and more than a half acre, there is plenty of room for family, entertaining, gardening, or just relaxing on the back patio, listening to the birds. Custom cabinets and granite countertops throughout, high quality stainless kitchen appliances. Improvements include a smart refrigerator, newly remodeled tile shower in the primary en-suite, an 8x12 out building with electric and climate control (currently used as an office for remote workspace), fully fenced backside yard, climate control in the garage, and Generac generator with propane tank.

Details

Property type

Single Family Residence

Est. home value

$337,918

Lot size

0.6 acres

Price per sq ft

$206

Year built

2020

Price History

02/18/2025
NTREIS

NTREIS #20835545

Price change
$335,000
-1.47%
02/05/2025
NTREIS

NTREIS #20835545

Listed
$340,000
01/25/2024
NTREIS

NTREIS #20438548

Removed

Schools & Community

Elementary school: 

Mt Vernon

Middle school: 

Mt Vernon

High school: 

Mt Vernon

School district: 

Mount Vernon 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

-$4,576
Asking price
$335,000
Closing costs (~8% of asking)
-$26,800
Est. remaining loan balance
-$312,776
Cash to seller
-$4,576

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

Seller’s Loan History

Lender

Mortgage Research Center Llc

Loan start date

August 2022

Original loan amount

$323,750

Est. remaining balance

$312,776

Interest rate

5.7%

Loan type

VA, 30 year

Seller

Marcus Bentley Copeland and Heidi Ann Copeland

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: 02/24/2025 at 7:25 AM

Listing updated: 02/18/2025 at 9:02 AM

Listed by: Michelle Brecker, Pathway To Home Realty Phone #: (469) 949-2031

MLS: NTREIS #20835545

NTREIS logo

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