tomo logo

$425,000

Beds
4
Baths
3.0
sq ft
2,552

505 S Cowan St, Decatur, TX 76234

505 S Cowan St

Decatur, TX 76234

  • 52 days on market
    • Price drop $13,000↓
This spacious 4-bedroom, 2-bath home sits on two lots and boasts beautiful original hardwood floors and a large kitchen. The upstairs features 2 of the bedrooms with an updated bathroom in between, providing a perfect layout for privacy and convenience. The large front and back porches complement the home perfectly, offering great outdoor seating areas for relaxation or entertaining. Situated on a quiet street in close proximity to the Decatur town square, this home combines the charm of a serene neighborhood with easy access to local amenities. Additionally, the property includes a brand new AC system, ensuring comfort and efficiency year-round. Don’t miss out on the opportunity to make this lovely home yours!

Details

Property type

Single Family Residence

Est. home value

$365,096

Lot size

0.436 acres

Price per sq ft

$167

Year built

1938

Annual property taxes

$5,599

Price History

08/27/2024
NTREIS

NTREIS #20680489

Price change
$425,000
-2.97%
08/15/2024
NTREIS

NTREIS #20680489

Price change
$438,000
-2.67%
07/29/2024
NTREIS

NTREIS #20680489

Listed
$449,999

Schools & Community

Elementary school: 

Young

Middle school: 

Mccarroll

High school: 

Decatur

School district: 

Decatur 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

$73,369
Asking price
$425,000
Closing costs (~8% of asking)
-$34,000
Est. remaining loan balance
-$317,631
Cash to seller
$73,369

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

Seller’s Loan History

Lender

Calcon Mutual Mortgage Llc

Loan start date

March 2023

Original loan amount

$323,232

Est. remaining balance

$317,631

Interest rate

6.09%

Loan type

New Conventional, 30 year

Seller

William Moseley and Sydney Moseley

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

NTREIS
$450,000
4 bd
|
3 ba
|
2,554 sq ft
|
House

117 Bluebonnett, Paradise, TX 76073

Price drop
NTREIS
$455,000
4 bd
|
3 ba
|
3,321 sq ft
|
House

145 Private Road 1107, Decatur, TX 76234

NTREIS
$399,999
4 bd
|
2 ba
|
3,360 sq ft
|
House

122 Travis Rd, Decatur, TX 76234

Status: Active

Tomo last checked: 09/19/2024 at 6:15 PM

Listing updated: 08/27/2024 at 3:39 PM

Listed by: Weston Kirk, All City Real Estate, Ltd. Co. Phone #: (866) 277-6005

MLS: NTREIS #20680489

NTREIS logo

Recently listed in Decatur

$397,900|5 bd|3.0 ba|House
$255,000|4 bd|2.0 ba|Manufactured
$365,000|3 bd|3.0 ba|House
$249,990|3 bd|2.0 ba|House
$239,990|2 bd|2.0 ba|Manufactured
$299,990|4 bd|2.0 ba|Manufactured
$259,000|4 bd|1.0 ba|House
$635,000|3 bd|3.0 ba|House
$1,416,000|3 bd|3.0 ba|House