tomo logo

$1,350,000

Beds
3
Baths
3.0
sq ft
4,601

4893 E FM 552, Rockwall, TX 75087

4893 E FM 552

Fate, TX 75087

  • 118 days on market
Discover the French Country charm of this wonderful farm house situated behind a gated entrance. on approx. 5 acres with a 40X50 workshop, a 2 stall paddock & stocked pond with pier. This impressive home has a gathering kitchen with large prep island, a brick alcove with 6 burner gas stove with double oven & built-in refrigerator. The spacious family room with stained ceiling beam trusses has a brick fireplace with heating insert & a beverage bar that leads to the oversized dining room. A dedicated office with brick & stone fireplace & lots of built-ins offers private access to primary suite with luxury bathroom & 2 separate closets. Additional amenities include swimming pool with rock waterfall, expansive front & back porches, outside living area with fireplace, hot tub, workshop with 3 phase power has an office & bathroom. The property is fenced for privacy & is cross fenced for animals. There is additional parking that accommodates your RV or parking for large gatherings.

Details

Property type

Single Family Residence

Est. home value

$1,103,814

Lot size

4.995 acres

Price per sq ft

$294

Year built

2004

Price History

07/23/2024
NTREIS

NTREIS #20678577

Listed
$1,350,000
08/26/2022
NTREIS

NTREIS #20021456

Removed

Schools & Community

Elementary school: 

Vernon

Middle school: 

Bobby Summers

High school: 

Royse City

School district: 

Royse City 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

$615,016
Asking price
$1,350,000
Closing costs (~8% of asking)
-$108,000
Est. remaining loan balance
-$626,984
Cash to seller
$615,016

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

Seller’s Loan History

Lender

Fairway Independent Mortgage Corp

Loan start date

August 2022

Original loan amount

$647,200

Est. remaining balance

$626,984

Interest rate

5.3%

Loan type

Not Provided, 30 year

Seller

Barney D Huie and Cynthia D Huie

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

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4180 N Smith Rd, Rockwall, TX 75087

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Status: Active

Tomo last checked: 11/19/2024 at 5:45 AM

Listing updated: 10/24/2024 at 2:52 PM

Listed by: Patty Turner, Keller Williams Rockwall Phone #: (972) 772-7000

MLS: NTREIS #20678577

NTREIS logo

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