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$965,000

Beds
4
Baths
3.0
sq ft
3,351

5008 County Road 7640, Lubbock, TX 79424

5008 County Road 7640

Lubbock, TX 79424

  • 51 days on market
Best priced home in South Fork Ranch. The home sits on over an acre lot and features a beautiful pool and spa with cover, cabana, and insulated shop. The home features four very impressive bedrooms with amazing built-ins and huge closets. The isolated master suite is stunning with a very large master bathroom featuring a wrap around closet and so much more including a spacious safe room. So many extras that you won't find in any new construction for this price.

Details

Property type

Single Family Residence

Est. home value

$762,463

Lot size

1.17 acres

Price per sq ft

$288

Year built

2016

Annual property taxes

$7,000

HOA

Yes

Price History

11/07/2024
Lubbock

Lubbock #202415563

Listed
$965,000
06/06/2019
Lubbock

Lubbock #201903582

Removed

Schools & Community

Elementary school: 

Lubbock-Cooper South

Middle school: 

Lubbock-Cooper

High school: 

Liberty High School

School district: 

Lubbock-Cooper 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
$965,000
Closing costs (~8% of asking)
-$77,200
Est. remaining loan balance
-$391,000
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

Quicken Loans Llc

Loan start date

September 2020

Original loan amount

$432,000

Est. remaining balance

$391,000

Interest rate

2.88%

Loan type

New Conventional, 30 year

Seller

Richard Wilson and Sarah 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: 12/28/2024 at 6:20 AM

Listing updated: 11/14/2024 at 9:11 AM

Listed by: Kent Hebison, Keller Williams Realty

MLS: Lubbock #202415563

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