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$549,990

Beds
4
Baths
4.0
sq ft
3,174

516 N Main St, Farmersville, TX 75442

516 N Main St

Farmersville, TX 75442

  • 123 days on market
    • Price drop $10,000↓
Come see this charming remodeled 1960's home sitting on Main Street near downtown Farmersville within walking distance to schools, and the famous Chaparral Trail.This home boasts over 3000 square feet. Freshly painted throughout, updated bathroom, new flooring, oversized bedrooms, gorgeous remodeled kitchen with butcher block counter tops and stone backsplash; new stove; coffee bar and custom walk in pantry.Living room anchors around a wood burning fire place, with a gas starter.The formal living and dining area make a great space for entertaining and big family meals.Both BDR downstairs have ensuite bathrooms.The master bedroom offers a custom build closet with entrance to the backyard.Upstairs has 2 huge bedrooms with a hall bathroom.Both bedrooms are oversized with huge closets.Outside you have a large backyard with an air-conditioned tree house; entraining courtyard space, basketball court, storm shelter, additional storage shed and plenty of shade trees.Come take a tour today!

Details

Property type

Single Family Residence

Est. home value

$362,535

Lot size

0.29 acres

Price per sq ft

$174

Year built

1961

Annual property taxes

$5,974

Price History

11/12/2024
NTREIS

NTREIS #20710402

Price change
$549,990
-1.79%
08/23/2024
NTREIS

NTREIS #20710402

Listed
$559,990
08/21/2020
NTREIS

NTREIS #14322135

Removed

Schools & Community

Elementary school: 

Farmersville

Middle school: 

Unknown

High school: 

Farmersville

School district: 

Farmersville 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

$281,823
Asking price
$549,990
Closing costs (~8% of asking)
-$43,999
Est. remaining loan balance
-$224,168
Cash to seller
$281,823

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

Seller’s Loan History

Lender

Everett Financial Inc

Loan start date

August 2020

Original loan amount

$247,474

Est. remaining balance

$224,168

Interest rate

3.07%

Loan type

New Conventional, 30 year

Seller

Tyler Mahon and Michelle Mahon

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: 12/24/2024 at 11:10 PM

Listing updated: 12/04/2024 at 10:27 PM

Listed by: Melody Hudson, Farmersville Real Estate Company Phone #: (972) 784-6115

MLS: NTREIS #20710402

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