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$299,500

Beds
3
Baths
2.0
sq ft
1,795

490 Branding Iron Ln, Holly Lake Ranch, TX 75765

490 Branding Iron Ln

Holly Lake Ranch, TX 75765

  • 17 days on market
    • Price drop $450↓
This is it!! From the moment you enter this home you get that warm welcoming feeling. Very well maintained home located in the beautiful Holly Lake Ranch. Situated on almost half acre with an open concept from the kitchen area through the living room to the formal dining with vaulted ceilings and stained glass accent window over the front door entrance. This beautiful home boasts 3BR, 2 Baths, 2 car carport. There is a potential 4th bedroom. The current use is a craft room, home office (If you're a crafter-you will be in heaven!). There is an outside entrance to the 3rd bedroom, adjacent to the 2 car attached carport. Enjoy the screened porches and outdoor sitting areas too! Sit and enjoy the views of the well landscaped yard and abundant wildlife. Entire property fenced with remote gate, and there is a sprinkler system. Updates within the last few years include, Entire interior new paint, both bathrooms updated, new flooring in kitchen and guest room, new stainless steel sink with touchless faucet, new backsplash and gas cooktop, water heater (3yr), ventless gas logs(24), and more. It truly is a MUST SEE! This home is a beautiful 5 minute walk to the lake. You can see the lake from both screened porches. Holly Lake Ranch with 24 hour gated security, swimming pools, tennis courts, pickleball courts, 18 hole golf course, pro shop, restaurant, bar, fitness center and more.

Details

Property type

Single Family Residence

Est. home value

$248,230

Lot size

0.395 acres

Price per sq ft

$167

Year built

1996

Annual property taxes

$3,379

Monthly HOA fee

$179

Price History

03/25/2025
NTREIS

NTREIS #20861491

Price change
$299,500
-0.15%
03/17/2025
NTREIS

NTREIS #20861491

Listed
$299,950

Schools & Community

Elementary school: 

Harmony

Middle school: 

Unknown

High school: 

Harmony

Community features: 

Pool, Clubhouse, Fishing, Gated, Golf, Lake, Park, Playground, Tennis Court(s)

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

$112,203
Asking price
$299,500
Closing costs (~8% of asking)
-$23,960
Est. remaining loan balance
-$163,337
Cash to seller
$112,203

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

Seller’s Loan History

Lender

Barksdale Fcu

Loan start date

July 2021

Original loan amount

$178,000

Est. remaining balance

$163,337

Interest rate

2.94%

Loan type

New Conventional, 30 year

Seller

Claude M Norman and Kimberly E Wilson

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: 04/03/2025 at 6:35 PM

Listing updated: 03/25/2025 at 8:06 AM

Listed by: Lindsay Wilson, Century 21 First Group Phone #: (903) 882-1144

MLS: NTREIS #20861491

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