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$314,999

Beds
3
Baths
2.0
sq ft
1,762

725 Rice Rd, Tyler, TX 75703

725 Rice Rd

Tyler, TX 75703

  • 51 days on market
    • Price drop $44,001↓
Discover this charming 3-bedroom, 2-bath home nestled in a prime location close to all major shopping areas, dining, and entertainment. This property offers the best of both worlds with zoning flexibility—it’s currently zoned residential but can also be zoned commercial, opening up endless possibilities for your personal or professional needs.

Details

Property type

Single Family Residence

Est. home value

$265,367

Lot size

Unknown

Price per sq ft

$179

Year built

1975

Annual property taxes

$2,037.92

Price History

12/17/2024
TylerTX

TylerTX #24016246

Price change
$314,999
-12.26%
12/03/2024
TylerTX

TylerTX #24016246

Listed
$359,000

Schools & Community

Elementary school: 

Rice

Middle school: 

Hubbard

High school: 

Tyler Legacy

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

$203,264
Asking price
$314,999
Closing costs (~8% of asking)
-$25,200
Est. remaining loan balance
-$86,535
Cash to seller
$203,264

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

Seller’s Loan History

Lender

Gateway First Bank

Loan start date

January 2021

Original loan amount

$113,000

Est. remaining balance

$86,535

Interest rate

2.28%

Loan type

New Conventional, 15 year

Seller

Bryan C Shroades and Gema D Shroades

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: 01/22/2025 at 10:55 PM

Listing updated: 12/17/2024 at 10:04 AM

Listed by: Amy Garcia, Miller Homes Group

MLS: TylerTX #24016246

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