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$198,000

Beds
2
Baths
2.0
sq ft
899

4920 W FM 515, Yantis, TX 75497

4920 W FM 515

Yantis, TX 75497

  • 176 days on market
    • Price drop $1,000↓
Charming frame home on over 4.4 Acres on corner of 515 & 1388 with gated drive and fence surrounding property. Home needs some work but has lots of potential with a bath and a half, nice size rooms, utility room, cental heat and air. Nice size front porch to relax on and have your morning coffee. Enjoy the pear tree. Plenty of room for animals with fenced in pasture or add another home or two for family, investment or just enjoy the extra space from neighbors. Property line goes to corner of 1388. The appliances and Ingersoll Rand Compressor is also being sold separtely. There is also a 2 car garage-storage shed. Property is 5-10 mins to Lake Fork. Exterior building for storage or covered parking.

Details

Property type

Single Family Residence

Est. home value

$164,504

Lot size

4.403 acres

Price per sq ft

$221

Year built

1940

Annual property taxes

$1,425

Price History

08/26/2024
NTREIS

NTREIS #20572057

Price change
$198,000
-0.5%
06/26/2024
NTREIS

NTREIS #20572057

Price change
$199,000
-7.44%
05/14/2024
NTREIS

NTREIS #20572057

Price change
$215,000
-4.44%

Schools & Community

Elementary school: 

Quitman

Middle school: 

Unknown

High school: 

Quitman

School district: 

Quitman 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

$86,630
Asking price
$198,000
Closing costs (~8% of asking)
-$15,840
Est. remaining loan balance
-$95,530
Cash to seller
$86,630

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

Seller’s Loan History

Lender

Corridor Mortgage Group Inc

Loan start date

May 2018

Original loan amount

$108,007

Est. remaining balance

$95,530

Interest rate

4.4%

Loan type

FHA, 30 year

Seller

Luther P Biggerstaff

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: 09/19/2024 at 5:00 PM

Listing updated: 08/26/2024 at 3:29 PM

Listed by: Angie Strawn, Strawn Real Estate Phone #: (214) 674-0212

MLS: NTREIS #20572057

NTREIS logo

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