tomo logo

$1,500,000

Beds
5
Baths
3.0
sq ft
4,290

7321 State Highway 78 N, Farmersville, TX 75442

7321 State Highway 78 N

Farmersville, TX 75442

  • 5 days on market
Fully remodeled farmhouse, which boasts over 4900 sq ft of living space, with 5 bedrooms, 3 bathrooms, a large living area, fully equipped kitchen and dining space, nice covered outdoor living space with a builtin provision for a grill, spacious 3 car garage, resort style swimming pool, cabana and an outdoor restroom. This home is fully gated and provides ample grassy areas for kids to run around and play freely without safety worries of cars on a busy road. plenty of space for your pets to run around.

Details

Property type

Single Family Residence

Est. home value

$1,237,921

Lot size

12.75 acres

Price per sq ft

$350

Year built

1956

Price History

02/17/2025
NTREIS

NTREIS #20847191

Listed
$1,500,000

Schools & Community

Elementary school: 

Blueridge

Middle school: 

Blueridge

High school: 

Blueridge

School district: 

Blue Ridge 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

$1,048,401
Asking price
$1,500,000
Closing costs (~8% of asking)
-$120,000
Est. remaining loan balance
-$331,599
Cash to seller
$1,048,401

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

Seller’s Loan History

Lender

Go Mortgage Llc

Loan start date

November 2021

Original loan amount

$409,000

Est. remaining balance

$331,599

Interest rate

2.23%

Loan type

New Conventional, 15 year

Seller

Laxman Rao Malka and Vasantha Devi Malka

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: 02/23/2025 at 6:55 AM

Listing updated: 02/18/2025 at 3:13 AM

Listed by: Laxman Malka, REKonnection, LLC Phone #: (972) 914-0989

MLS: NTREIS #20847191

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Recently listed in Farmersville