tomo logo

$328,000

Beds
3
Baths
2.0
sq ft
1,496

505 King Ln, Garland, TX 75042

505 King Ln

Garland, TX 75042

  • 36 days on market
Beautifully maintained home featuring beautiful hardwood floors throughout the house. The entire interior has been freshly painted. A brand-new roof was installed on February 25 and comes with a 3-year warranty. The updated kitchen boasts a granite countertop, while newer windows throughout the home help improve energy efficiency. A spacious family or game room provides the perfect space for entertaining guests. Conveniently located near shops and restaurants. Don't miss the opportunity to make this home your own—come check it out!

Details

Property type

Single Family Residence

Est. home value

$302,748

Lot size

7,884.36 sq ft

Price per sq ft

$220

Year built

1960

Annual property taxes

$7,024

Price History

02/26/2025
NTREIS

NTREIS #20853762

Listed
$328,000
01/03/2023
NTREIS

NTREIS #20179997

Removed

Schools & Community

Elementary school: 

Choice Of School

Middle school: 

Choice Of School

High school: 

Choice Of School

School district: 

Garland 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

$25,931
Asking price
$328,000
Closing costs (~8% of asking)
-$26,240
Est. remaining loan balance
-$275,829
Cash to seller
$25,931

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

Seller’s Loan History

Lender

United Wholesale Mortgage

Loan start date

January 2023

Original loan amount

$283,100

Est. remaining balance

$275,829

Interest rate

6.61%

Loan type

New Conventional, 30 year

Seller

Seng Bu Dauje

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

Price drop
NTREIS
$329,000
3 bd
|
2 ba
|
1,630 sq ft
|
House

4101 Hillsdale Ln, Garland, TX 75042

Price drop
NTREIS
$316,900
3 bd
|
2 ba
|
1,995 sq ft
|
House

1226 Phoebe Ln, Garland, TX 75042

Status: Active

Tomo last checked: 04/03/2025 at 6:55 PM

Listing updated: 02/27/2025 at 12:42 PM

Listed by: Van Par, United Real Estate Phone #: (972) 372-0590

MLS: NTREIS #20853762

NTREIS logo

Recently listed in Garland

$364,700|4 bd|2.0 ba|House
$177,000|3 bd|2.0 ba|House
$474,950|3 bd|4.0 ba|Townhouse
$378,950|2 bd|3.0 ba|Townhouse
$382,950|3 bd|4.0 ba|Townhouse
$389,950|3 bd|3.0 ba|Townhouse
$399,950|2 bd|3.0 ba|Townhouse
$394,950|2 bd|3.0 ba|Townhouse
$461,270|4 bd|3.0 ba|House
$422,585|4 bd|3.0 ba|House