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$640,000

Beds
4
Baths
3.0
sq ft
3,070

7489 E Lake Dr, Murchison, TX 75778

7489 E Lake Dr

Murchison, TX 75778

  • 148 days on market
    • Price drop $35,000↓
Meticulously Maintained, Lakefront home in a small gated community positioned on the deep part of the lake facing west for beautiful sunrise and sunsets while bald eagles soar right in front of you. Brand New Roof, 2 HOMES connect by a portage and remodel with the finest craftsmanship has 4 bed, 3 bath, workshop, boathouse with lift, dock with a relaxing area over the lake. Custom crown-molding throughout home and elegant interior colors and many built-in cabinets. Peaceful back patio with no neighbors on the southside of the property for even more privacy. Echo: 500 acres fenced, only 80 lots, 131 acre trophy bass lake, 2600ft paved airplane runway, 250 yard outdoor shooting range and storage area, 40 acre horse pasture with 2 story barn and miles of hiking trails. Located between Tyler and Athens only 75 mi to Dallas.

Details

Property type

Single Family Residence

Est. home value

$616,871

Lot size

0.642 acres

Price per sq ft

$209

Year built

1983

Annual property taxes

$10,260

Monthly HOA fee

$106.25

Price History

08/06/2024
NTREIS

NTREIS #20596851

Price change
$640,000
-5.19%
04/24/2024
NTREIS

NTREIS #20596851

Listed
$675,000

Schools & Community

Elementary school: 

Brownsboro

Middle school: 

Unknown

High school: 

Brownsboro

School district: 

Brownsboro 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

$324,388
Asking price
$640,000
Closing costs (~8% of asking)
-$51,200
Est. remaining loan balance
-$264,412
Cash to seller
$324,388

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

Seller’s Loan History

Lender

Wyndham Capital Mortgage Inc

Loan start date

April 2016

Original loan amount

$323,100

Est. remaining balance

$264,412

Interest rate

3.62%

Loan type

New Conventional, 30 year

Seller

Gerry L Pearson and Mitzy G Pearson

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: 09/19/2024 at 9:50 PM

Listing updated: 09/18/2024 at 9:53 AM

Listed by: Charlee Rees, Keller Williams Realty Tyler Phone #: (903) 534-6600

MLS: NTREIS #20596851

NTREIS logo

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