tomo logo

$650,000

Beds
5
Baths
3.0
sq ft
3,305

5 Bright Meadows Rd, Rockwall, TX 75032

5 Bright Meadows Rd

Heath, TX 75032

  • 119 days on market
    • Price drop $39,000↓
Beautiful updated home in the lakeside community of Shepherds Glen situation on a cul-de-sac lot with sparkling pool & newly remodeled interior featuring the latest trends in contemporary design! Main living area features high ceilings, wall of windows, remodeled black tile fireplace, & wood look tile flooring. Kitchen has been reimagined with new cabinets, granite countertops, soft close drawers, new appliances & island with granite waterfall edge. 2 downstairs bedrooms share an updated bath & can be used as media room or office. Modern wood flooring continues upstairs to large master suite with oversized bath, corner soaking tub, dual sinks, custom closet shelving & private balcony! 2 additional bedrooms upstairs with shared bath & one bedroom has fireplace & balcony overlooking the pool! The private backyard is the masterpiece of this home with amazing pool with surface refinished in August 2024 with new retaining wall and large covered porch! New Roof in 2024.

Details

Property type

Single Family Residence

Est. home value

$669,189

Lot size

0.258 acres

Price per sq ft

$197

Year built

1984

Annual property taxes

$8,112

Monthly HOA fee

$16.67

Price History

09/19/2024
NTREIS

NTREIS #20637091

Price change
$650,000
-5.66%
08/30/2024
NTREIS

NTREIS #20637091

Listed
$689,000
08/07/2024
NTREIS

NTREIS #20637091

Removed

Schools & Community

Elementary school: 

Amy Parks-Heath

Middle school: 

Cain

High school: 

Heath

School district: 

Rockwall 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

$496,800
Asking price
$650,000
Closing costs (~8% of asking)
-$52,000
Est. remaining loan balance
-$101,200
Cash to seller
$496,800

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

Seller’s Loan History

Lender

Newrez Llc

Loan start date

June 2021

Original loan amount

$108,880

Est. remaining balance

$101,200

Interest rate

2.97%

Loan type

New Conventional, 30 year

Seller

Tristan David Murray and Cheyenne Dawn Murray

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: 10/04/2024 at 7:40 PM

Listing updated: 09/19/2024 at 7:49 AM

Listed by: Brandon Carrington, Hometiva Phone #: (214) 578-5518

MLS: NTREIS #20637091

NTREIS logo

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