tomo logo

$495,000

Beds
2
Baths
2.0
sq ft
2,406

5515 FM 89, Tuscola, TX 79562

5515 FM 89

Tuscola, TX 79562

  • 200 days on market
    • Price drop $54,900↓
Nestled on over 15 secluded hillside acres in Jim Ned ISD surrounded by oak trees, this custom-built home offers an open floor plan with 2 bedrooms, 2 full bathrooms, and a cooled sunroom or flex room. With many recent updates inside and out, it features new interior and exterior paint as of May 2024. Additional amenities include a 2-car metal carport and a storage budling that was previously converted into additional living space with a bathroom. Enjoy your mornings and evenings with breathtaking views of Lake Abilene from any of the front full-view windows or from the covered wrap-around porch, complete with railing, a ramp, and security gates. The beautifully manicured yard is framed by a huge custom rock retaining wall. The hilltop offers unbelievable vistas, accessible via an ATV trail leading to a flat summit perfect for creating a stunning viewing or hangout spot. Minutes from The Abilene State Park! Don’t miss out! Appointment Only! DO NOT TRESSPASS!

Details

Property type

Single Family Residence

Est. home value

$411,015

Lot size

15.19 acres

Price per sq ft

$206

Year built

2000

Annual property taxes

$6,691

Price History

12/05/2024
NTREIS

NTREIS #20637289

Price change
$495,000
-9.98%
08/06/2024
NTREIS

NTREIS #20637289

Price change
$549,900
-2.66%
06/27/2024
NTREIS

NTREIS #20637289

Price change
$564,900
-2.44%

Schools & Community

Elementary school: 

Buffalo Gap

Middle school: 

Jim Ned

High school: 

Jim Ned

School district: 

Jim Ned Cons 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

$160,208
Asking price
$495,000
Closing costs (~8% of asking)
-$39,600
Est. remaining loan balance
-$295,192
Cash to seller
$160,208

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

December 2021

Original loan amount

$315,000

Est. remaining balance

$295,192

Interest rate

2.98%

Loan type

New Conventional, 30 year

Seller

Brandon W Smith and Erica Smith

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: 12/24/2024 at 11:15 PM

Listing updated: 12/05/2024 at 2:07 PM

Listed by: Brandi Smith, RE/MAX Big Country Phone #: (325) 750-6188

MLS: NTREIS #20637289

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