tomo logo

$820,000

Beds
3
Baths
5.0
sq ft
3,662

7680 State Highway 154 W, Gilmer, TX 75644

7680 State Highway 154 W

Gilmer, TX 75644

  • 53 days on market
    • Price drop $20,000↓
A perfect blend of luxury, comfort, and functionality awaits you in this magnificent home! Nestled within a sprawling 15.5-acre expanse, this 2018-built home is the epitome of elegance. It features 3 spacious bedrooms, each with its own private bathroom, alongside a convenient half bath, all within a generous 3,662 square foot layout. High speed fiber internet service is also available to meet all your streaming and work from home needs. The home includes a 2-car attached garage, offering ample space for your cars or toys. The interior welcomes you with an open floor plan that radiates warmth and hospitality. Central to this inviting space is an Austin-stone fireplace and beautiful built-in cabinets. The kitchen is a chef's delight, showcasing custom cabinets, a unique ventahood, sophisticated black granite countertops, and high-quality stainless steel appliances. The house's charm is further enhanced by the exposed brickwork in the breakfast bar and formal dining area.Ascending the elegant, illuminated, wooden staircase, the second floor reveals two guest bedrooms, abundant storage space, and a convenient laundry chute leading directly to the laundry room. One of the bedrooms features a special hideaway, ideal for sparking a child’s creativity or for additional storage. The exterior of the property is just as impressive, with over 15 acres of park like grounds, beautifully dotted with trees. There's a massive 50x60 shop, a dream for any enthusiast, featuring climate control, five bay doors (including four pass-throughs), a workout room, a pub-style man-cave with a half bath, and even covered RV parking with hookups. This home is an entertainer's paradise. Get ready to fire up the grill in the fenced backyard, home to a gunite, saltwater swimming pool with a soothing rock waterfall, a hot tub, and a covered outdoor bar. Take advantage of this unique opportunity to own this breathtaking residence!

Details

Property type

Single Family Residence

Est. home value

$979,817

Lot size

15.53 acres

Price per sq ft

$224

Year built

2018

Price History

02/18/2025
NTREIS

NTREIS #20805633

Price change
$820,000
-2.38%
01/01/2025
NTREIS

NTREIS #20805633

Listed
$840,000
03/27/2024
NTREIS

NTREIS #20507755

Removed

Schools & Community

Elementary school: 

Harmony

Middle school: 

Unknown

High school: 

Harmony

School district: 

Harmony 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

$306,739
Asking price
$820,000
Closing costs (~8% of asking)
-$65,600
Est. remaining loan balance
-$447,661
Cash to seller
$306,739

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

Seller’s Loan History

Lender

Credit Union Of Texas

Loan start date

May 2022

Original loan amount

$467,800

Est. remaining balance

$447,661

Interest rate

4.72%

Loan type

New Conventional, 30 year

Seller

John Colby Johnson and Tiffany Elizabeth Johnson

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: 02/24/2025 at 3:10 AM

Listing updated: 02/18/2025 at 4:58 PM

Listed by: Sarah Bell, Texas Real Estate Executives Phone #: (903) 680-4663

MLS: NTREIS #20805633

NTREIS logo

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