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$239,500

Beds
3
Baths
2.0
sq ft
1,499

5225 Westgate Ln, Lumberton, TX 77657

5225 Westgate Ln

Lumberton, TX 77657

  • 53 days on market
    • Price drop $2,000↓
This beautifully maintained property in Lumberton’s desirable Westwood Subdivision is completely move-in ready and features 3 bedrooms, 2 bathrooms, wood laminate and tile flooring throughout, ample closet and storage space. The backyard is perfect for entertaining, upgraded with stone pavers, and includes a storage shed that stays with the home. New roof and new HVAC! With a split floor plan, no HOA, and a location outside city limits, this home is ready for its new owners!

Details

Property type

Single Family Residence

Est. home value

$234,967

Lot size

0.29 acres

Price per sq ft

$160

Year built

Unknown

Annual property taxes

$4,026.45

HOA

No

Price History

02/13/2025
Beaumont

Beaumont #254345

Price change
$239,500
-0.83%
01/25/2025
Beaumont

Beaumont #254345

Price change
$241,500
-1.43%
01/02/2025
Beaumont

Beaumont #254345

Listed
$245,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Lumberton

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

$97,232
Asking price
$239,500
Closing costs (~8% of asking)
-$19,160
Est. remaining loan balance
-$123,108
Cash to seller
$97,232

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

Seller’s Loan History

Lender

Wells Fargo Bank Na

Loan start date

December 2021

Original loan amount

$132,000

Est. remaining balance

$123,108

Interest rate

3.09%

Loan type

New Conventional, 30 year

Seller

Kenneth W Ray Sr

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: 02/24/2025 at 10:35 AM

Listing updated: 02/24/2025 at 9:50 AM

Listed by: Corey Block, Real Broker, LLC

MLS: Beaumont #254345

Beaumont logo

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