tomo logo

$210,000

Beds
4
Baths
2.0
sq ft
1,292

601 E Sears St, Denison, TX 75021

601 E Sears St

Denison, TX 75021

  • 49 days on market
Check out this fantastic investment opportunity! This tenant-occupied, 4-bedroom, 2-bath home offers 1,292 sqft of functional living space, perfect for investors seeking a steady rental income. With a spacious layout and prime location in Denison, this property is ready to enhance your portfolio. Don’t miss out on this chance to own a solid investment with reliable tenants already in place!

Details

Property type

Single Family Residence

Est. home value

$164,974

Lot size

7,492.32 sq ft

Price per sq ft

$163

Year built

1900

Annual property taxes

$2,290

Price History

11/06/2024
NTREIS

NTREIS #20768963

Listed
$210,000

Schools & Community

Elementary school: 

Mayes

Middle school: 

Henry Scott

High school: 

Denison

School district: 

Denison 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

$113,843
Asking price
$210,000
Closing costs (~8% of asking)
-$16,800
Est. remaining loan balance
-$79,357
Cash to seller
$113,843

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

Seller’s Loan History

Lender

Caliber Home Loans Inc

Loan start date

December 2020

Original loan amount

$87,200

Est. remaining balance

$79,357

Interest rate

2.81%

Loan type

New Conventional, 30 year

Seller

Tanner Ellis

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
$195,000
4 bd
|
2 ba
|
1,434 sq ft
|
House

615 W Texas St, Denison, TX 75020

Price drop
NTREIS
$215,000
4 bd
|
2 ba
|
1,266 sq ft
|
House

1201 Ridgewood Rd, Denison, TX 75020

NTREIS
$185,000
4 bd
|
2 ba
|
1,698 sq ft
|
House

708 W Texas St, Denison, TX 75020

Status: Active

Tomo last checked: 12/25/2024 at 9:55 PM

Listing updated: 11/06/2024 at 2:43 PM

Listed by: Mohammad Hashem, Hashem Realty Phone #: (469) 317-2900

MLS: NTREIS #20768963

NTREIS logo

Recently listed in Denison

$289,900|3 bd|2.0 ba|House
$499,900|4 bd|4.0 ba|House
$349,000|2 bd|2.0 ba|House
$1,185,000|2 bd|4.0 ba|House
$152,500|2 bd|1.0 ba|House
$1,250,000|3 bd|3.0 ba|House
$300,000|3 bd|2.0 ba|House
$265,000|3 bd|2.0 ba|House
$199,900|3 bd|2.0 ba|House