tomo logo

$400,000

Beds
3
Baths
2.0
sq ft
1,789

700 Cottonwood Dr, Allen, TX 75002

700 Cottonwood Dr

Allen, TX 75002

  • 1 day on market
Perfectly situated on an interior corner lot and walking distance to multiple parks including Oak Point Nature Preserve, this wonderful home features 3 bedrooms, 2 living, 2 dining and 2 full baths. Spacious living area with a cozy wood burning fireplace is open to the formal dining room with access to the lovely kitchen through French doors. Pretty granite counters with updated backsplash, nice electric range, microwave, generous counter space and storage, breakfast bar, an island, dishwasher and disposal. Convenient rear drive with alley access and garage door opener. Near an abundance of fine dining and shopping!

Details

Property type

Single Family Residence

Est. home value

$396,227

Lot size

0.24 acres

Price per sq ft

$224

Year built

1987

Annual property taxes

$6,900

Price History

02/24/2025
NTREIS

NTREIS #20852842

Listed
$400,000
12/14/2018
NTREIS

NTREIS #13939418

Removed

Schools & Community

Elementary school: 

Vaughan

Middle school: 

Ford

High school: 

Allen

School district: 

Allen 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

$191,952
Asking price
$400,000
Closing costs (~8% of asking)
-$32,000
Est. remaining loan balance
-$176,048
Cash to seller
$191,952

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

Seller’s Loan History

Lender

Dhi Mortgage Company Ltd

Loan start date

December 2020

Original loan amount

$193,781

Est. remaining balance

$176,048

Interest rate

2.84%

Loan type

FHA, 30 year

Seller

Christina Westergaard

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?

Status: Active

Tomo last checked: 02/26/2025 at 1:10 AM

Listing updated: 02/25/2025 at 4:13 AM

Listed by: Deborah Mabry, WM Realty Tx LLC Phone #: (469) 412-5411

MLS: NTREIS #20852842

NTREIS logo

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