tomo logo

$399,000

Beds
3
Baths
2.0
sq ft
1,776

800 Molasses Rd, Dale, TX 78616

800 Molasses Rd

Dale, TX 78616

  • 431 days on market
    • Price drop $76,000↓
Welcome home. You'll never get tired of coming home to this 10 acres at the end of a quiet gravel road. The 3 bedroom, 2 bathroom home is nestled under mature trees, has a covered porch that extends the front of the home, and a carport. The open faced cabinets in the kitchen, abundant counter space, and views overlooking the pond will win your heart. A large bonus room is just off the front porch--a 4th bedroom, game room, storage, or craft room would be excellent options. The RV Carport measures 35'x20' and has septic and electrical hookups. Just off the lovely back patio is a pond that is stocked with cat fish, hybrid blue gill, and regular perch. Beyond the home is a horse barn with 5 stalls and is cross fenced with a riding pen. The tack room is 12'x13'. The front of the property includes mature live oaks and walking/riding trails but just beyond the tree line are 5 +/- acres of cleared pasture that would be perfect for grazing, building, or recreation.

Details

Property type

Mobile Home

Type

Double Wide

Lot size

10.16 acres

Price per sq ft

$225

Year built

2000

Annual property taxes

$5,619

HOA

No

Price History

09/18/2024
CentralTexas

CentralTexas #514910

Price change
$399,000
-16%
07/25/2024
CentralTexas

CentralTexas #514910

Price change
$475,000
-2.86%
07/20/2024
CentralTexas

CentralTexas #514910

Listed
$489,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

None

High school district: 

Lockhart 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

$278,942
Asking price
$399,000
Closing costs (~8% of asking)
-$31,920
Est. remaining loan balance
-$88,138
Cash to seller
$278,942

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

Seller’s Loan History

Lender

Carrington Mortgage Services Llc

Loan start date

March 2015

Original loan amount

$111,274

Est. remaining balance

$88,138

Interest rate

3.59%

Loan type

FHA, 30 year

Seller

Fred M Shepherd Jr and Susan B Shepherd

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 11:05 PM

Listing updated: 09/19/2024 at 5:06 PM

Listed by: Elizabeth Schmidtberger, TS Realty Phone #: (210) 269-9940

MLS: CentralTexas #514910

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