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$295,000

Beds
3
Baths
2.5
sq ft
1,687

616 Ridgeroad Dr, New Braunfels, TX 78130

616 Ridgeroad Dr

New Braunfels, TX 78130

  • 49 days on market
    • Price drop $10,000↓
Amazing large home on the creek which you can kayak or canoe to Lake Placid. (Water is drained but will be back full by November 2025 according to sources). Deep Creek running out back for easy canoeing or kayaking. Mature pecan trees in the backyard ready to shade your family gatherings. You have your own resort right in your own back yard! Views from the top front deck over looks views of Lake Placid. Large open floor plan with new vinyl plank flooring thru out, fresh paint thru out and stained decking. 2 central units, large rooms and open floor plan make entertaining inside or out a breeze. Seller is motivated. Home has been a rental with excellent rental records for the last 4yrs.

Details

Property type

Manufactured Home

Lot size

0.37 acres

Price per sq ft

$175

Year built

2002

Annual property taxes

$4,190

Price History

11/14/2024
SanAntonio

SanAntonio #1812690

Price change
$295,000
-3.28%
10/25/2024
SanAntonio

SanAntonio #1812690

Price change
$305,000
-3.17%
09/30/2024
SanAntonio

SanAntonio #1812690

Listed
$315,000

Schools & Community

Elementary school: 

Call District

Middle school: 

Call District

High school: 

Call District

School district: 

CALL DISTRICT

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

$157,155
Asking price
$295,000
Closing costs (~8% of asking)
-$23,600
Est. remaining loan balance
-$114,245
Cash to seller
$157,155

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

Seller’s Loan History

Lender

Fairway Independent Mortgage Corp

Loan start date

February 2017

Original loan amount

$134,400

Est. remaining balance

$114,245

Interest rate

4.32%

Loan type

New Conventional, 30 year

Seller

Yazhi Smith

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: 11/17/2024 at 11:25 PM

Listing updated: 11/14/2024 at 5:51 PM

Listed by: Natalie Purcell, MONARCH RESIDENTIAL MANAGEMENT Phone #: (830) 477-9553

MLS: SanAntonio #1812690

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