tomo logo

$299,500

Beds
4
Baths
2.0
sq ft
1,732

507 Milo Way, Royse City, TX 75189

507 Milo Way

Royse City, TX 75189

  • 127 days on market
    • Price drop $20,500↓
Welcome to 507 Milo Way, an exquisite one-story residence in the charming enclave of Royse City, Texas. This move-in ready home harmoniously blends modern elegance with comfortable living. Expansive interiors boast four spacious bedrooms and multiple bathrooms. The seamless open floor plan unites the living room, dining area, and kitchen, creating an inviting ambiance for gatherings. The split bedroom design offers privacy, with the luxurious main suite serving as a retreat separate from the other bedrooms. Additional features include a large laundry room, a private, grassed, backyard, and a spacious covered patio perfect for outdoor relaxation. Come and experience the perfect blend of style and comfort at 507 Milo Way where your dream home awaits! Located within the Magnolia community, you'll enjoy access to two community pools, a fishing pond, a park, and playground.

Details

Property type

Single Family Residence

Est. home value

$318,154

Lot size

7,187.4 sq ft

Price per sq ft

$173

Year built

2019

Annual property taxes

$7,928

Monthly HOA fee

$40

Price History

11/01/2024
NTREIS

NTREIS #20677228

Price change
$299,500
-6.41%
09/21/2024
NTREIS

NTREIS #20677228

Price change
$320,000
-2.74%
07/18/2024
NTREIS

NTREIS #20677228

Listed
$329,000

Schools & Community

Elementary school: 

John & Barbara Roderick

Middle school: 

Leland Edge

High school: 

Community

Community features: 

Pool, Fishing

School district: 

Community 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

-$8,561
Asking price
$299,500
Closing costs (~8% of asking)
-$23,960
Est. remaining loan balance
-$284,101
Cash to seller
-$8,561

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

Seller’s Loan History

Lender

Churchill Mortgage Corp

Loan start date

August 2023

Original loan amount

$288,000

Est. remaining balance

$284,101

Interest rate

6.71%

Loan type

New Conventional, 30 year

Seller

Christofer L Clemens and Rebecca Clemens

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: 11/23/2024 at 2:25 AM

Listing updated: 11/18/2024 at 12:37 PM

Listed by: Brianna Castillo, RE/MAX DFW Associates Phone #: (214) 523-3300

MLS: NTREIS #20677228

NTREIS logo

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