tomo logo

$261,000

Beds
3
Baths
2.0
sq ft
1,719

7811 85th St, Lubbock, TX 79424

7811 85th St

Lubbock, TX 79424

  • 1 day on market
Cambridge Way, Frenship ISD, this beautiful 3/2/2 meets all the must haves for a home priced at $261,000.00. Tall ceilings and oversized windows create an inviting feel. This home features spacious bedrooms, large closets, and isolated master, granite countertops and a covered patio. In the kitchen you'll find an eat-in dining area, a bar, island and a built in desk. The master bedroom is spacious and features a large master bath with an airflow tub and separate shower. There is a large Tuff Shed in the backyard that is perfect for storage or a small workshop. This home has been extremely well maintained.

Details

Property type

Single Family Residence

Est. home value

$251,431

Lot size

5,500 sq ft

Price per sq ft

$152

Year built

2013

Annual property taxes

$3,708

Price History

11/07/2024
Lubbock

Lubbock #202415481

Listed
$261,000
06/30/2020
Lubbock

Lubbock #202004131

Removed

Schools & Community

Elementary school: 

Upland Heights

Middle school: 

Frenship

High school: 

Frenship

School district: 

Frenship 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

$111,530
Asking price
$261,000
Closing costs (~8% of asking)
-$20,880
Est. remaining loan balance
-$128,590
Cash to seller
$111,530

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

Seller’s Loan History

Lender

Peoples Bank

Loan start date

June 2020

Original loan amount

$141,500

Est. remaining balance

$128,590

Interest rate

3.28%

Loan type

New Conventional, 30 year

Seller

Heather Cooper

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?

Status: Active

Tomo last checked: 11/08/2024 at 5:40 AM

Listing updated: 11/07/2024 at 12:31 PM

Listed by: Johnny Stringer, Johnny Stringer, REALTORS

MLS: Lubbock #202415481

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