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$352,500

Beds
2
Baths
3.0
sq ft
1,648

5220 Point Lavista, Malakoff, TX 75148

5220 Point Lavista

Malakoff, TX 75148

  • 49 days on market
    • Price drop $5,000↓
WATERFRONT LAKE HOUSE on over an acre with a boat dock and boat ramp! This tranquil retreat sits on 1.3 acres with tons of deer roaming around. It boasts a spacious yard meticulously maintained with a lake fed sprinkler system. Large trees provide a lovely canopy, offering shade and serenity. The circle drive ensures easy access, and there’s a huge garage workshop with space for boat storage. Inside, you’ll find 2 bedrooms 3 full bathrooms, and a loft. The living room features soaring ceilings and double doors that open to a spacious front deck. The kitchen is light and open, with plenty of cabinets, counter space, and stainless appliances. Enjoy the beautifully treed property from both the front and back decks. The community offers amenities like a private boat ramp, swimming pool, and basketball-tennis courts.

Details

Property type

Single Family Residence

Est. home value

$575,063

Lot size

1.35 acres

Price per sq ft

$214

Year built

1987

Annual property taxes

$7,277

Monthly HOA fee

$58.33

Price History

08/25/2024
NTREIS

NTREIS #20690784

Price change
$352,500
-1.4%
08/01/2024
NTREIS

NTREIS #20690784

Listed
$357,500
03/25/2024
NTREIS

NTREIS #20556326

Removed

Schools & Community

Elementary school: 

Malakoff

Middle school: 

Malakoff

High school: 

Malakoff

School district: 

Malakoff 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

$135,409
Asking price
$352,500
Closing costs (~8% of asking)
-$28,200
Est. remaining loan balance
-$188,891
Cash to seller
$135,409

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

Seller’s Loan History

Lender

Academy Mortgage Corp

Loan start date

July 2020

Original loan amount

$207,000

Est. remaining balance

$188,891

Interest rate

3.28%

Loan type

New Conventional, 30 year

Seller

Lacie Facer and Benjamin Facer

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 10:40 PM

Listing updated: 08/25/2024 at 9:19 AM

Listed by: Dobi Caldwell, Keller Williams Realty Phone #: (972) 938-2222

MLS: NTREIS #20690784

NTREIS logo

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