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$209,950

Beds
3
Baths
2.0
sq ft
1,897

5516 29th St, Lubbock, TX 79407

5516 29th St

Lubbock, TX 79407

  • 71 days on market
This home is located on a quasi-cul-de-sac, and sets on a pie-shaped lot (HUGE backyard). It has 3-bedrooms/ 2 baths/ 2-car garage. It has metal soffit/fascia. The living room is large and has a corner fireplace. The kitchen is spacious with a breakfast bar, plenty of cabinet/counter space and is light/bright. There are two dining areas or you can be creative. The seller is offering $3000 for a flooring allowance. As mentioned, the backyard is large and has a dog run, a workshop and is wired for an electric fence.

Details

Property type

Single Family Residence

Est. home value

$226,297

Lot size

9,100 sq ft

Price per sq ft

$111

Year built

1971

Annual property taxes

$3,099

Price History

01/28/2025
Lubbock

Lubbock #201905249

Removed
01/17/2025
Lubbock

Lubbock #202417026

Listed
$209,950
01/09/2025
Lubbock

Lubbock #202417026

Pending
$209,950

Schools & Community

Neighborhood: 

Bowie

Elementary school: 

Hardwick

Middle school: 

Mackenzie

High school: 

Coronado

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

$2,259
Asking price
$209,950
Closing costs (~8% of asking)
-$16,796
Est. remaining loan balance
-$190,895
Cash to seller
$2,259

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

Seller’s Loan History

Lender

Amcap Mortgage Ltd

Loan start date

January 2022

Original loan amount

$204,232

Est. remaining balance

$190,895

Interest rate

3.11%

Loan type

FHA, 30 year

Seller

Debra Klynn Mcelhaney and William Clifton Mcelhaney

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: 02/27/2025 at 8:55 AM

Listing updated: 02/19/2025 at 10:32 AM

Listed by: Rusty DeLoach, RE/MAX Lubbock Phone #: (806) 799-4200

MLS: Lubbock #202417026

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