tomo logo

$875,000

Beds
4
Baths
5.0
sq ft
4,244

5430 FM 1387, Midlothian, TX 76065

5430 FM 1387

Midlothian, TX 76065

  • 18 days on market
Nestled on over 3 acres of heavily treed, private land in Midlothian, this luxury home combines elegance, modern comfort, and natural beauty. The open floor plan welcomes you into a spacious living area, ideal for both intimate family gatherings and large-scale entertaining. With 4 generously sized bedrooms and 5 beautifully appointed bathrooms, this home provides ample space and privacy. The first floor features two primary suites, perfect for multigenerational living or guests, each with luxurious bathrooms, walk-in closets, and serene views of the surrounding landscape. A dedicated media room and home office add both functionality and style. Step outside to a backyard that looks straight out of a luxury magazine. Beautifully landscaped, it’s a peaceful oasis for relaxation and entertaining. Whether lounging by the firepit or hosting a garden party, this outdoor retreat is sure to impress. An oversized shop provides ample space for RV storage, tools, and equipment. This home offers luxury living in a serene, wooded setting, blending comfort and functionality seamlessly for the discerning homeowner.

Details

Property type

Single Family Residence

Est. home value

$920,983

Lot size

3.107 acres

Price per sq ft

$207

Year built

1999

Annual property taxes

$15,697

Price History

10/17/2024
NTREIS

NTREIS #20755462

Listed
$875,000
07/13/2024
NTREIS

NTREIS #20507389

Removed
02/26/2024
NTREIS

NTREIS #20507389

Price change
$915,000
-1.61%

Schools & Community

Elementary school: 

Longbranch

Middle school: 

Walnut Grove

High school: 

Heritage

School district: 

Midlothian 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

$406,611
Asking price
$875,000
Closing costs (~8% of asking)
-$70,000
Est. remaining loan balance
-$398,389
Cash to seller
$406,611

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

Seller’s Loan History

Lender

Everett Financial Inc

Loan start date

June 2018

Original loan amount

$450,000

Est. remaining balance

$398,389

Interest rate

4.55%

Loan type

New Conventional, 30 year

Seller

Wendell Morris Logan and Eleanor M Logan

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: 11/05/2024 at 12:50 AM

Listing updated: 10/30/2024 at 2:53 PM

Listed by: Kristin Jones, RE/MAX Frontier Phone #: (469) 846-0123

MLS: NTREIS #20755462

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