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$735,000

Beds
3
Baths
2.0
sq ft
1,488

502 Cypress Creek Dr, Mount Vernon, TX 75457

502 Cypress Creek Dr

Mt Vernon, TX 75457

  • 10 days on market
Exceptional Location with an affordable price tag! This Single Story "Cottage Feel" Lake Home has everything you need to rest, relax and entertain. 3 bedrooms and 2 updated baths, large living area, large kitchen w/ all appliances, laundry room with washer and dryer. oversized 2 car garage w/ separate workshop/storage area at back. In addition, a separate carport and circle drive. Enjoy hosting friends and family from the expansive deck and the gently sloping lawn. The boathouse is steps away and includes a large deck, covered boat slip with lift and separate watercraft lift. The property includes the lot across the street. The aerobic septic system sprays on that lot. Most furnishings are included with an acceptable offer.

Details

Property type

Single Family Residence

Est. home value

$675,552

Lot size

Unknown

Price per sq ft

$494

Year built

1978

Price History

03/07/2025
TylerTX

TylerTX #25003447

Listed
$735,000

Schools & Community

Elementary school: 

Mt Vernon

Middle school: 

Mt Vernon

High school: 

Mt Vernon

Community features: 

Gated, Pool, Tennis Court(s)

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

$399,336
Asking price
$735,000
Closing costs (~8% of asking)
-$58,800
Est. remaining loan balance
-$276,864
Cash to seller
$399,336

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

Seller’s Loan History

Lender

Primelending

Loan start date

July 2017

Original loan amount

$328,000

Est. remaining balance

$276,864

Interest rate

3.95%

Loan type

New Conventional, 30 year

Seller

Jason Russell and Stacy Russell

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?

Status: Active

Tomo last checked: 03/17/2025 at 6:35 PM

Listing updated: 03/07/2025 at 11:03 AM

Listed by: June K Clary, Ebby Halliday, REALTORS® - Tyler

MLS: TylerTX #25003447

TylerTX logo

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