tomo logo

$259,000

Beds
2
Baths
2.0
sq ft
1,523

501 May St, Royse City, TX 75189

501 May St

Royse City, TX 75189

  • 188 days on market
    • Price drop $10,000↓
This adorable and well maintained home with wrap around porch on a quaint, historic block sits beneath large shade trees and yet is still so close to EVERYTHING you need in town. From the lovely, durable LVP floors to the serene paint colors and gorgeous vaulted ceilings, this home will feel like THE ONE from the moment you walk in the door. Loads of natural light and a great, open concept floorplan highlight the interior which features a kitchen with SS appliances (fridge stays!) and beautiful tile floors. The primary bedroom has incredible windows and vaulted ceilings making this space a perfect owners retreat. Both bathrooms have been updated with stylish flooring and on trend finishes. The sliding glass doors connect the home with the beauty of outdoor living plus the shed out back is great for all your toys and tools. The original floorplan was opened up to provide a very substantial dining area but rebuilding that wall could recreate a third bedroom. This one won't last!

Details

Property type

Single Family Residence

Est. home value

$281,082

Lot size

7,405.2 sq ft

Price per sq ft

$171

Year built

2000

Annual property taxes

$5,847

Price History

09/11/2024
NTREIS

NTREIS #20621331

Price change
$259,000
-3.72%
06/21/2024
NTREIS

NTREIS #20621331

Price change
$269,000
-3.58%
05/18/2024
NTREIS

NTREIS #20621331

Listed
$279,000

Schools & Community

Elementary school: 

Ruth Cherry

Middle school: 

Ouida Baley

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

$27,039
Asking price
$259,000
Closing costs (~8% of asking)
-$20,720
Est. remaining loan balance
-$211,241
Cash to seller
$27,039

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

Seller’s Loan History

Lender

Thrive Mortgage Llc

Loan start date

December 2021

Original loan amount

$225,040

Est. remaining balance

$211,241

Interest rate

3.14%

Loan type

New Conventional, 30 year

Seller

Collin Wade Hicks and Victoria Louise Wiedemann

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

A home in Royse CityNTREIS
$250,000
2 bd
|
1 ba
|
932 sq ft
|
House

408 Wood St, Royse City, TX 75189

NTREIS
$240,000
3 bd
|
2 ba
|
1,484 sq ft
|
House

3113 Emory Oak Way, Royse City, TX 75189

Price drop
NTREIS
$265,000
4 bd
|
2 ba
|
1,740 sq ft
|
House

717 Orchid Blvd, Royse City, TX 75189

Status: Active

Tomo last checked: 11/23/2024 at 6:35 AM

Listing updated: 09/28/2024 at 1:04 PM

Listed by: Rebecca Davis, Fathom Realty, LLC Phone #: (817) 657-1578

MLS: NTREIS #20621331

NTREIS logo

Recently listed in Royse City

$499,900|4 bd|2.0 ba|House
$350,000|4 bd|2.0 ba|House
$290,000|3 bd|2.0 ba|House
$850,000|3 bd|3.0 ba|House
$473,471|3 bd|4.0 ba|House
$469,000|4 bd|4.0 ba|House
$334,000|3 bd|2.0 ba|House