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$558,000

Beds
3
Baths
3.0
sq ft
2,314

795 FM 513, Lone Oak, TX 75453

795 FM 513

Lone Oak, TX 75453

  • 54 days on market
    • Price drop $10,000↓
Charming move-in ready home just a short walk to Lake Tawakoni! 11 scenic acres of pasture & timber offering sweeping hilltop views & an abundance of pecan trees & exudes curb appeal with a quaint front porch & sleek metal roof. Extended 3-car garage, complete with a carport in front, provides a total of 10 covered spaces. At the heart of the home, a spacious living rm features a brick fireplace & stylish barn doors that lead to a bright sunrm. Primary suite boasts a 2nd fireplace for ultimate relaxation. Sellers have meticulously maintained the home, with fresh interior + exterior paint & updated light fixtures. Step outside to enjoy the expansive multi-level deck with a custom firepit seating area. Fireproof gun safe is permanently in a closet. A 1,200 sq ft workshop offers plenty of space for hobbies or storage. Property is a mix of pasture & timber with more than 25 mature income producing pecan trees. Property is located in Rains & Hunt Counties. Additional 11 acres available.

Details

Property type

Single Family Residence

Est. home value

$389,491

Lot size

11.86 acres

Price per sq ft

$242

Year built

1973

Annual property taxes

$12

Price History

09/28/2024
NTREIS

NTREIS #20725823

Price change
$558,000
-1.76%
09/12/2024
NTREIS

NTREIS #20725823

Listed
$568,000
08/17/2024
NTREIS

NTREIS #20637147

Removed

Schools & Community

Elementary school: 

Loneoak

Middle school: 

Loneoak

High school: 

Loneoak

School district: 

Lone Oak 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

$192,032
Asking price
$558,000
Closing costs (~8% of asking)
-$44,640
Est. remaining loan balance
-$321,328
Cash to seller
$192,032

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

Seller’s Loan History

Lender

Not Available

Loan start date

May 2022

Original loan amount

$335,000

Est. remaining balance

$321,328

Interest rate

4.42%

Loan type

Not Provided, 30 year

Seller

Cynthia M Foster and Erivint Foster

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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6006 FM 1567, Lone Oak, TX 75453

Status: Active

Tomo last checked: 11/05/2024 at 8:45 AM

Listing updated: 09/28/2024 at 3:44 PM

Listed by: Richy Miller, Redfin Corporation Phone #: (817) 783-4605

MLS: NTREIS #20725823

NTREIS logo

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