tomo logo

$279,000

Beds
4
Baths
2.0
sq ft
1,549

5540 Rutledge Dr, The Colony, TX 75056

5540 Rutledge Dr

The Colony, TX 75056

  • <1 day on market
ATTENTION INVESTORS OR FAMILY THAT WANTS TO START WITH A QUICK EQUITY DESIRE AREA OF THE COLONY, Pool home, Pool needs work, previously was operable! Bring your ideas, HOME NEEDS COSMETICS AND LOVE TO MAKE IT SHINE AGAIN, high wooden fence for privacy. PRICED WAY below market value because its conditions! This home has so much to offer, Location and Roof 9 yrs, and AC is in working condition. Refrigerator, washer dryer, could stay, good size living Space and dinning area! GARAGE was converted so you can have 4 bedrooms or 3 bedrooms, and 2nd living your choice, Walk n bath tub, Laminate floors and principal areas, and carpet on bedrooms, Foundation work was done years ago from previous owners, no documentation available, Location is amazing! Nebraska Furniture, Toyota, Stars, Dallas Cowboys, Malls, restaurants and top gold, are minutes away, KIDS COULD ENJOY THE POOL ON SUMMER IF GETS REPAIRED, with extra living space, and a shed in back. We can close quickly. HOUSE PRICED ACCORDING TO PRESENT CONDITION

Details

Property type

Single Family Residence

Est. home value

$344,606

Lot size

7,056.72 sq ft

Price per sq ft

$181

Year built

1977

Annual property taxes

$6,132

Price History

02/01/2025
NTREIS

NTREIS #20831802

Listed
$279,000
10/30/2020
NTREIS

NTREIS #14390744

Removed

Schools & Community

Elementary school: 

Owen

Middle school: 

Griffin

High school: 

The Colony

School district: 

Lewisville 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

$65,163
Asking price
$279,000
Closing costs (~8% of asking)
-$22,320
Est. remaining loan balance
-$191,517
Cash to seller
$65,163

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

Seller’s Loan History

Lender

Prosperity Bank

Loan start date

October 2020

Original loan amount

$211,500

Est. remaining balance

$191,517

Interest rate

2.91%

Loan type

New Conventional, 30 year

Seller

Nicolas Vasquez Hernandez and Adriana Guadalupe Garza

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?

Status: Active

Tomo last checked: 02/02/2025 at 5:45 AM

Listing updated: 02/02/2025 at 5:13 AM

Listed by: Renny Pascual, Pascual DFW Real Estate, LLC Phone #: (972) 372-9767

MLS: NTREIS #20831802

NTREIS logo

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