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$1,250,000

Beds
5
Baths
5.0
sq ft
5,021

6825 Heritage Oaks Dr, Mansfield, TX 76063

6825 Heritage Oaks Dr

Mansfield, TX 76063

  • 160 days on market
    • Price drop $49,000↓
Nestled within the prestigious and gated Oaks at Hilltop Ranch, this stunning property epitomizes opulent living. With 5 bedrooms, 4.5 baths, a dedicated study, a game room featuring a wet bar and adjoining media room, and a fitness room, every aspect of luxury is meticulously catered to. The secluded backyard backs to private land, offering a tranquil oasis complemented by a sparkling pool, a separate spa, and a versatile pickleball and basketball court. Adding to its allure, a separate 672 sqft unfinished space provides the perfect canvas for personalized expansion or pool house. The first floor boasts a primary suite and guest suite, a well-appointed study complete with built-in desk and cabinets, a fitness room, formal and casual dining areas, and two inviting living areas, each adorned with a cozy fireplace. Upstairs, three additional bedrooms, a game room, and a media room await, completing this exceptional residence.

Details

Property type

Single Family Residence

Est. home value

$1,048,640

Lot size

1.01 acres

Price per sq ft

$249

Year built

2006

Annual property taxes

$18,149

Monthly HOA fee

$100

Price History

11/17/2024
NTREIS

NTREIS #20646665

Price change
$1,250,000
-3.77%
06/15/2024
NTREIS

NTREIS #20646665

Listed
$1,299,000
12/09/2022
NTREIS

NTREIS #20072757

Removed

Schools & Community

Elementary school: 

Tarverrend

Middle school: 

Linda Jobe

High school: 

Legacy

Community features: 

Gated

School district: 

Mansfield 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

$233,040
Asking price
$1,250,000
Closing costs (~8% of asking)
-$100,000
Est. remaining loan balance
-$916,960
Cash to seller
$233,040

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

Seller’s Loan History

Lender

Cherry Creek Mortgage Co Inc

Loan start date

December 2022

Original loan amount

$936,000

Est. remaining balance

$916,960

Interest rate

6.94%

Loan type

VA, 30 year

Seller

Lewis Jennings Jr and Melissa Jennings

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: 11/22/2024 at 6:25 PM

Listing updated: 11/17/2024 at 4:08 PM

Listed by: John Zimmerman, Compass RE Texas, LLC Phone #: (214) 814-8100

MLS: NTREIS #20646665

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