tomo logo

$359,900

Beds
3
Baths
2.0
sq ft
1,996

5422 Peninsula Way, Garland, TX 75043

5422 Peninsula Way

Garland, TX 75043

  • 21 days on market
Welcome to 5422 Peninsula Way, a true Garland gem! Nestled on a mid-street cul-de-sac with a spacious corner-lot front yard, this property offers a rare blend of beauty and convenience. Imagine stepping into your backyard and taking in direct access to Lake Ray Hubbard, just steps away perfect for morning coffee with a lakeside view or evening strolls by the water. This home has been thoughtfully updated with essential upgrades, including foundation repair in 2022 (with a lifetime transferable warranty for peace of mind), a new roof in 2018, new 5-ton AC Unit including ductwork in 2023 and new insulation added in 2024. Throughout the home, you’ll find new paint and plush carpet, creating a fresh and inviting feel in every room. Inside, the open-concept kitchen overlooks both formal and informal dining areas, ideal for gatherings or cozy family meals. Updated appliances bring both style and efficiency, while the spacious master suite offers direct access to the back patio and boasts a spacious master bath. The updated guest bathroom, stylish new light fixtures, and fresh exterior paint elevate the charm of this home. The backyard is designed for entertaining! A covered patio provides the perfect setting for barbecues or outdoor relaxation, with ample space for additions like a pool or deck. For added functionality, a new 12x16 shed built in 2022 with electric and an interior loft provides generous storage space, and a charming doggy run with a “neighborhood watch” window keeps pets safe and engaged. Practicality meets convenience with a separate laundry room, complete with counters and cabinet space to make chores a breeze. This home truly has it all: location, lake access, and thoughtful updates that make it move-in ready. Don’t miss the chance to own this unique slice of Garland paradise!

Details

Property type

Single Family Residence

Est. home value

$332,545

Lot size

0.244 acres

Price per sq ft

$181

Year built

1983

Annual property taxes

$6,736

Price History

11/01/2024
NTREIS

NTREIS #20764488

Listed
$359,900
08/25/2022
NTREIS

NTREIS #20086164

Removed

Schools & Community

Elementary school: 

Choice Of School

Middle school: 

Choice Of School

High school: 

Choice Of School

School district: 

Garland 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

$57,771
Asking price
$359,900
Closing costs (~8% of asking)
-$28,792
Est. remaining loan balance
-$273,337
Cash to seller
$57,771

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

August 2022

Original loan amount

$282,150

Est. remaining balance

$273,337

Interest rate

5.3%

Loan type

New Conventional, 30 year

Seller

Marybel Ramirez Cortinas and Roberto Cortinas

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: 11/22/2024 at 10:25 PM

Listing updated: 11/03/2024 at 3:08 PM

Listed by: Monica Gibbs, Fathom Realty Phone #: (888) 455-6040

MLS: NTREIS #20764488

NTREIS logo

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