tomo logo

$400,000

Beds
3
Baths
2.0
sq ft
1,946

5136 Sherman Dr, The Colony, TX 75056

5136 Sherman Dr

The Colony, TX 75056

  • 136 days on market
    • Price drop $19,900↓
Check out this beautifully renovated 3 bedroom home ideally located in The Colony. The kitchen boasts elegant white cabinets, granite countertops, stainless steel appliances and a gas cooktop. Enjoy gatherings in the spacious family room with its charming decorative tile fireplace, while the large living room offers ample space for entertaining. The master bedroom features a newer vanity, updated tile shower and a walk-in closet. Numerous updates throughout including paint, moldings, stylish lighting fixtures, wood-look tile flooring and updated windows & doors. Outside you will find a covered patio, cedar fence with an electronic sliding gate, 2 car garage, a covered carport and a yard perfect for outdoor activities. Conveniently located near SRT-121 and an array of entertainment options this home is a must-see! ***Seller willing to offer a concession towards a rate buy down*** Schedule your viewing today!

Details

Property type

Single Family Residence

Est. home value

$388,029

Lot size

6,621.12 sq ft

Price per sq ft

$206

Year built

1978

Annual property taxes

$4,990

Price History

06/18/2024
NTREIS

NTREIS #20605595

Price change
$400,000
-4.74%
05/06/2024
NTREIS

NTREIS #20605595

Listed
$419,900
03/17/2022
NTREIS

NTREIS #20003496

Removed

Schools & Community

Elementary school: 

Owen

Middle school: 

Griffin

High school: 

The Colony

School district: 

Lewisville 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

$83,171
Asking price
$400,000
Closing costs (~8% of asking)
-$32,000
Est. remaining loan balance
-$284,829
Cash to seller
$83,171

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

Seller’s Loan History

Lender

Amp Lending

Loan start date

October 2022

Original loan amount

$292,000

Est. remaining balance

$284,829

Interest rate

5.66%

Loan type

New Conventional, 30 year

Seller

Rahul Bhongir

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: 09/19/2024 at 11:20 PM

Listing updated: 08/05/2024 at 12:40 PM

Listed by: Bryan Fitzpatrick, Keller Williams Realty DPR Phone #: (972) 732-6000

MLS: NTREIS #20605595

NTREIS logo

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