tomo logo

$534,900

Beds
3
Baths
2.0
sq ft
1,928

7442 Farm Road 1567 W, Sulphur Springs, TX 75482

7442 Farm Road 1567 W

Sulphur Springs, TX 75482

  • 253 days on market
    • Price drop $5,000↓
Property has been professionally painted. Gone is the popcorn ceilings, wallpaper and borders with new laminate flooring. Unrestricted 17.391 +- acres, this property offers a perfect blend of spacious living and agricultural potential. Step into the warmth and comfort of this 3 bedroom 2 bath brick home. The living room boast a wood burning fireplace providing a cozy atmosphere for those cool nights. The kitchen has plenty of cabinet space with granite counter tops. Check out the custom cabinet pantry with pull out shelves for plenty of storage. The property includes a 24 x 30 workshop with electric providing plenty of room for storage or use it as a personal workout space. The fenced and cross fenced property makes it ideal for those looking to raise livestock. Seller has cleared several trees and brush in the back to open it up for livestock but has left enough for the deer and other wildlife to roam. Come check it out! The opportunities are endless.

Details

Property type

Single Family Residence

Est. home value

$464,276

Lot size

17.391 acres

Price per sq ft

$278

Year built

1990

Price History

10/27/2024
NTREIS

NTREIS #20560151

Price change
$534,900
-0.93%
08/08/2024
NTREIS

NTREIS #20560151

Listed
$539,900
06/26/2024
NTREIS

NTREIS #20560151

Removed

Schools & Community

Elementary school: 

Sulphurspr

Middle school: 

Sulphurspr

High school: 

Sulphurspr

School district: 

Sulphur Springs 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

$18,320
Asking price
$534,900
Closing costs (~8% of asking)
-$42,792
Est. remaining loan balance
-$473,788
Cash to seller
$18,320

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

Seller’s Loan History

Lender

Success Mortgage Partners Inc

Loan start date

July 2023

Original loan amount

$480,290

Est. remaining balance

$473,788

Interest rate

6.71%

Loan type

Not Provided, 30 year

Seller

Lynne Marie Lopez and Erviro Lopez Mendez

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: 11/23/2024 at 1:30 AM

Listing updated: 10/27/2024 at 8:18 AM

Listed by: Linda Costner, Fathom Realty LLC Phone #: (888) 455-6040

MLS: NTREIS #20560151

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