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$389,000

Beds
3
Baths
2.0
sq ft
1,364

516 Lexington Ln, Richardson, TX 75080

516 Lexington Ln

Richardson, TX 75080

  • <1 day on market
    • Open house Nov 09
This charming 3 bedroom, 2 bathroom, ranch style home is nestled into a terrific West Richardson neighborhood, and zoned to Richardson schools (JJ Pearce). It's updated and move in ready. The living room is spacious with plenty of room for entertaining! The dining area is part of the open concept living space, and will comfortably fit a large dining table. The single car garage is deep with an epoxied floor, and a storage closet, with a nice tucked away laundry nook. This West Richardson gem is great home for anyone looking to be centrally located within the metroplex. It is close to UTD and has convenient access to Central Expressway, George Bush Tollway and Coit Rd, it's easy to be anywhere on the Dallas side of DFW in minutes. Don't miss this one!

Details

Property type

Single Family Residence

Est. home value

$361,412

Lot size

8,276.4 sq ft

Price per sq ft

$286

Year built

1960

Annual property taxes

$7,107

Price History

11/08/2024
NTREIS

NTREIS #20773678

Listed
$389,000
12/21/2021
NTREIS

NTREIS #14713880

Removed

Schools & Community

Neighborhood: 

Northrich

Elementary school: 

Northrich

Middle school: 

Unknown

High school: 

Pearce

Community features: 

Curbs, Sidewalks

School district: 

Richardson 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

$142,846
Asking price
$389,000
Closing costs (~8% of asking)
-$31,120
Est. remaining loan balance
-$215,034
Cash to seller
$142,846

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

Seller’s Loan History

Lender

Gardner Financial Services Ltd

Loan start date

December 2021

Original loan amount

$228,750

Est. remaining balance

$215,034

Interest rate

3.09%

Loan type

New Conventional, 30 year

Seller

William Anderson and Brittney Anderson

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?

Status: Active

Tomo last checked: 11/08/2024 at 7:20 PM

Listing updated: 11/08/2024 at 2:23 PM

Listed by: Heather Kobs, Keller Williams Central Phone #: (469) 467-7755

MLS: NTREIS #20773678

NTREIS logo

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