tomo logo

$391,112Estimated home value

Beds
5
Baths
4.0
sq ft
2,710

5500 Connally Dr, Forney, TX 75126

5500 Connally Dr

Forney, TX 75126

  • Sold On 9/9/2024
    • Price drop $7,000↓
Special Lender incentive up to $4500 towards closing or rate buy down. This lovely 2 story home in Clements Ranch is available for immediate move-in. It offers Five bedrooms (or 4 Bedrooms with an Office), 3.5 bath, a game room and a Two-Car Garage. As you enter, you will be greeted by a grand entrance that leads to an open floor plan adorned with recessed lighting, high vaulted ceilings in the family dining area, and a generously sized living room. Walk into the expanded kitchen with the kitchen island ample cabinet space, gas stove and stunning granite countertops. The primary bedroom is truly luxurious and includes an ensuite bathroom, complete with a walk-in closet, double sink, and a separate shower. On the main floor, there is an extra bedroom that can be utilized as an Office, Formal Dining area, or Living space. Outside a fenced backyard a covered patio that is perfect for entertaining. Owner is open to Seller Financing with 10-15% down.

Details

Property type

Single Family Residence

Est. home value

$391,112

Lot size

6,011.28 sq ft

Price per sq ft

$147

Year built

2018

Annual property taxes

$10,400

Monthly HOA fee

$50

Price History

09/03/2024
NTREIS

NTREIS #20542209

Removed
08/29/2024
NTREIS

NTREIS #20542209

Pending
$398,000
08/09/2024
NTREIS

NTREIS #20542209

Price change
$398,000
-1.73%

Schools & Community

Elementary school: 

Lewis

Middle school: 

Brown

High school: 

North Forney

School district: 

Forney 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

-$34,067
Asking price
$398,000
Closing costs (~8% of asking)
-$31,840
Est. remaining loan balance
-$400,227
Cash to seller
-$34,067

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

Seller’s Loan History

Lender

American Pacific Mortgage Corp

Loan start date

July 2022

Original loan amount

$413,250

Est. remaining balance

$400,227

Interest rate

5.25%

Loan type

New Conventional, 30 year

Seller

Francis Gem Dellinger

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?

Similar Homes Nearby

NTREIS
$360,000
5 bd
|
3 ba
|
2,564 sq ft
|
House

2268 Tombstone Rd, Forney, TX 75126

NTREIS
$379,000
5 bd
|
3 ba
|
2,613 sq ft
|
House

2409 San Marcos Dr, Forney, TX 75126

Price drop
NTREIS
$362,000
5 bd
|
3 ba
|
2,066 sq ft
|
House

4261 Bullock Ln, Forney, TX 75126

Status: Off Market

Tomo last checked: 10/04/2024 at 7:50 PM

Listing updated: 09/09/2024 at 6:55 PM

Listed by: Patrice Johnson, TDRealty Phone #: (817) 890-7325

MLS: NTREIS #20542209

NTREIS logo

Recently listed in Forney

$250,000|3 bd|2.0 ba|House
$1,849,000|5 bd|5.0 ba|House
$460,000|3 bd|3.0 ba|House
$470,000|3 bd|3.0 ba|House
$295,000|3 bd|2.0 ba|House
$681,848|5 bd|5.0 ba|House
$604,462|5 bd|4.0 ba|House
$377,900|4 bd|3.0 ba|House
$354,900|4 bd|3.0 ba|House
$342,400|3 bd|2.0 ba|House