tomo logo

$460,000

Beds
3
Baths
2.0
sq ft
1,793

591 S Swanson Rd, Mineral Wells, TX 76067

591 S Swanson Rd

Mineral Wells, TX 76067

  • Pending
    • Price drop $10,000↓
Experience the perfect blend of mid-century charm and true farmhouse elegance with this delightful property. Set amidst picturesque coastal fields with views of a gorgeous neighboring pond, this home features a beautiful stone fireplace in the primary bedroom, offering a cozy and rustic retreat. Wide plank hardwood flooring with very functional layout. Ideal for equestrian enthusiasts, the property includes a cross fenced, appx 3 acre lush coastal pasture suitable for horses or cows, appx 100x100 riding arena with cattle chutes for training and roping, and two well-maintained barns with 2 loafing sheds and 2 dry lots for all your storage and livestock needs. Pasture will produce 4 to 6 round bales per cutting with good rain. This unique sanctuary provides a harmonious blend of functionality and style in a serene countryside setting. Water heater replaced in 2022. Metal roof and 500gal propane tank. Plenty of space to park your RV or boat! Huge garden, chicken coop, compost! AG EXEMPT!

Details

Property type

Single Family Residence

Est. home value

$440,513

Lot size

4.597 acres

Price per sq ft

$257

Year built

1945

Annual property taxes

$3,102

Price History

09/18/2024
NTREIS

NTREIS #20628304

Pending
$460,000
08/21/2024
NTREIS

NTREIS #20628304

Price change
$460,000
-2.13%
08/21/2024
NTREIS

NTREIS #20628304

Listed
$470,000

Schools & Community

Elementary school: 

Lamar

Middle school: 

Mineralwel

High school: 

Mineralwel

School district: 

Mineral Wells 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

$137,587
Asking price
$460,000
Closing costs (~8% of asking)
-$36,800
Est. remaining loan balance
-$285,613
Cash to seller
$137,587

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

Seller’s Loan History

Lender

Guild Mortgage Co

Loan start date

November 2021

Original loan amount

$304,483

Est. remaining balance

$285,613

Interest rate

2.88%

Loan type

New Conventional, 30 year

Seller

Maddie Garman

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: Pending/Under Contract

Tomo last checked: 09/19/2024 at 2:05 PM

Listing updated: 09/18/2024 at 10:49 AM

Listed by: Heather Kingston, Cates & Company Phone #: (817) 946-7775

MLS: NTREIS #20628304

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