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$1,325,000

Beds
5
Baths
3.0
sq ft
3,093

6056 Bobwhite Rd, Gilmer, TX 75645

6056 Bobwhite Rd

Gilmer, TX 75645

  • 82 days on market
    • Price drop $100,000↓
This Upshur County beauty pulls out all of the stops. Almost 5000 sq ft, decks overlooking almost 40 acres w 2 ponds covering 7 acres! Sit on the deck &enjoy the breeze, drop a line into the stocked ponds, work the cattle in the pipe fence pens or start a project in the 6000+- sf shop that is fully insulated w living qtrs. & 2 project rooms. Lounge by the pool in the back yard, take a dive, relax in the hot tub or just float in the Texas sun. The possibilities are endless & that's just the outside! Inside, find all updated floors, countertops, appliances, bathrooms & refreshed paint! This 5 3 house provides plenty of space to spread out & storage! If you need an office space, it's here! And it overlooks the back ponds. Don't want to share your closet? This master suite has 2separate walk-in closets. But can we talk about the master bath? Relax in your soaker tub while you overlook your land. Watch the sunrise & sunset on the deck off of the master bedroom. This ranch has it all.

Details

Property type

Single Family Residence

Est. home value

$834,594

Lot size

39.29 acres

Price per sq ft

$429

Year built

1991

Price History

08/12/2024
NTREIS

NTREIS #20660850

Price change
$1,325,000
-7.02%
08/01/2024
NTREIS

NTREIS #20660850

Price change
$1,425,000
-1.72%
06/29/2024
NTREIS

NTREIS #20660850

Listed
$1,450,000

Schools & Community

Elementary school: 

Gilmer

Middle school: 

Unknown

High school: 

Gilmer

School district: 

Gilmer 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

$418,317
Asking price
$1,325,000
Closing costs (~8% of asking)
-$106,000
Est. remaining loan balance
-$800,683
Cash to seller
$418,317

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

Seller’s Loan History

Lender

Bayshore Mortgage Funding Llc

Loan start date

October 2022

Original loan amount

$820,000

Est. remaining balance

$800,683

Interest rate

5.89%

Loan type

New Conventional, 30 year

Seller

Michael Callahan and Denise Callahan

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: 09/19/2024 at 6:20 PM

Listing updated: 08/12/2024 at 1:30 PM

Listed by: Victoria Wolfe, Texas Real Estate Executives Phone #: (903) 680-4663

MLS: NTREIS #20660850

NTREIS logo

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