tomo logo

$265,000

Beds
3
Baths
2.0
sq ft
1,731

701 Ferguson Trl, Scroggins, TX 75480

701 Ferguson Trl

Scroggins, TX 75480

  • 91 days on market
Lake Cypress Springs Water View! Newly updated 3BR-2BA + large bonus room sitting in the heart of Swannerland on Lake Cypress Springs. This 3,461 acre reservoir in northeast Texas, approximately 90 miles east of Dallas is one of the top premier recreational lakes in Texas. Enjoy this nearly 2000 SF home featuring, large family area, open kitchen with breakfast bar &dining area, well placed laundry room with outside entryway + large flex-game room. All new flooring & paint throughout with newly updated bathrooms. Nestled on almost an acre with separate 2 car garage and large storage-workshop. Spacious fenced back yard, large covered front & back porches for entertaining, flag pole & new roof. This private lake community offers a boat ramp to enjoy the beauty of Lake Cypress Springs. Enjoy the surrounding historic communities of Winnsboro, Mt. Vernon & Sulphur Springs, TX. Perfect distance from Dallas, Longview, Tyler & Shreveport locations. Come see this charming home!

Details

Property type

Single Family Residence

Est. home value

$384,661

Lot size

0.716 acres

Price per sq ft

$154

Year built

1985

Annual property taxes

$3,603

Monthly HOA fee

$50

Price History

08/09/2024
NTREIS

NTREIS #20694093

Listed
$265,000
08/06/2024
NTREIS

NTREIS #20694093

Pending
$265,000
08/05/2024
NTREIS

NTREIS #20694093

Listed
$265,000

Schools & Community

Elementary school: 

Mt Vernon

Middle school: 

Mt Vernon

High school: 

Mt Vernon

School district: 

Mount Vernon ISD

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Guaranty Bond Bank

Loan start date

February 2013

Original loan amount

$92,000

Est. remaining balance

Not provided

Interest rate

3.4%

Loan type

New Conventional

Seller

Floyd T Banks Jr and Barbara Ann Banks

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: 11/05/2024 at 9:25 AM

Listing updated: 08/09/2024 at 12:10 PM

Listed by: John Beaty, United Country Cain Agency Phone #: (903) 342-9987

MLS: NTREIS #20694093

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