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$225,000

Beds
3
Baths
1.5
sq ft
1,808

520 Indian Creek Dr, Palestine, TX 75801

520 Indian Creek Dr

Palestine, TX 75801

  • 4 days on market
This charming 3-bedroom, 1.5 bath home offers spacious bedrooms and plenty of room to spread out. Enjoy outdoor living with a big backyard, a covered front porch, and a covered patio, perfect for entertaining family and friends or just relaxing. The property also includes a 660 sqft workshop, ideal for hobbies, storage, or projects. A great balance of comfortable living and functional space.

Details

Property type

Single Family Residence

Est. home value

$205,387

Lot size

Unknown

Price per sq ft

$125

Year built

1956

Annual property taxes

$3,879.09

Price History

11/01/2024
TylerTX

TylerTX #24015008

Listed
$225,000

Schools & Community

Elementary school: 

Palestine

Middle school: 

Palestine

High school: 

Palestine

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

$138,907
Asking price
$225,000
Closing costs (~8% of asking)
-$18,000
Est. remaining loan balance
-$68,093
Cash to seller
$138,907

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

May 2018

Original loan amount

$106,000

Est. remaining balance

$68,093

Interest rate

3.91%

Loan type

New Conventional, 15 year

Seller

Celso Rangel

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: 11/05/2024 at 8:55 PM

Listing updated: 11/01/2024 at 2:28 PM

Listed by: Maricela Rangel, Landmark Realty

MLS: TylerTX #24015008

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