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$259,000

Beds
5
Baths
3.5
sq ft
3,039

508 Red Oak Dr, Copperas Cove, TX 76522

508 Red Oak Dr

Copperas Cove, TX 76522

  • 18 days on market
Nestled in a desirable, established neighborhood, this property presents an excellent investment opportunity. Boasting a private pool and a shed, it offers great potential for value addition. Though in need of some renovation, the home provides a perfect foundation for customization. Enjoy the serene atmosphere of a mature, friendly community while transforming this property into your ideal living space

Details

Property type

Single Family Residence

Est. home value

$344,087

Lot size

8,638 sq ft

Price per sq ft

$86

Year built

1998

Annual property taxes

$6,422

HOA

No

Price History

12/04/2024
CentralTexas

CentralTexas #563980

Listed
$259,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Curbs

High school district: 

Copperas Cove 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

-$100,439
Asking price
$259,000
Closing costs (~8% of asking)
-$20,720
Est. remaining loan balance
-$338,719
Cash to seller
-$100,439

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

Seller’s Loan History

Lender

Fairway Independent Mortgage Corp

Loan start date

November 2022

Original loan amount

$347,884

Est. remaining balance

$338,719

Interest rate

6.02%

Loan type

Not Provided, 30 year

Seller

Addison Eugenlewis Hammonds and Samantha Hammonds

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: 12/23/2024 at 5:05 AM

Listing updated: 12/10/2024 at 7:54 PM

Listed by: Avriel DuVerney, Mammoth Realty Phone #: (254) 523-4800

MLS: CentralTexas #563980

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