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$240,000

Beds
3
Baths
1.0
sq ft
1,132

517 Gay St, Arlington, TX 76010

517 Gay St

Arlington, TX 76010

  • 37 days on market
This charming 3-bedroom brick home is nestled in the heart of Arlington, offering both comfort and convenience. Upon entering, you're welcomed by a spacious living and dining area, perfect for relaxing or entertaining. The kitchen boasts ample counter space and plenty of cabinets for all your storage needs. The main bedroom serves as a tranquil retreat, thoughtfully separated from the other areas of the house for added privacy. It's prime location places you within walking distance of AT&T Stadium and just a 5-minute drive from the University of Texas at Arlington, making it ideal for sports fans, students, or anyone seeking a vibrant community.

Details

Property type

Single Family Residence

Est. home value

$227,028

Lot size

7,623 sq ft

Price per sq ft

$213

Year built

1951

Annual property taxes

$4,479

Price History

12/27/2024
NTREIS

NTREIS #20798133

Listed
$240,000
10/24/2022
NTREIS

NTREIS #20123200

Removed

Schools & Community

Neighborhood: 

East

Elementary school: 

Crow

Middle school: 

Unknown

High school: 

Arlington

School district: 

Arlington 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

$24,228
Asking price
$240,000
Closing costs (~8% of asking)
-$19,200
Est. remaining loan balance
-$196,572
Cash to seller
$24,228

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

Seller’s Loan History

Lender

Prosperity Bank

Loan start date

October 2022

Original loan amount

$202,500

Est. remaining balance

$196,572

Interest rate

5.89%

Loan type

New Conventional, 30 year

Seller

Miguel Angel Romero Castillo and Diana Isela Hinojosa

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: 02/02/2025 at 4:10 AM

Listing updated: 01/16/2025 at 9:57 PM

Listed by: Christine Torres, RE/MAX New Horizon Phone #: (214) 537-5626

MLS: NTREIS #20798133

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