tomo logo

$475,000

Beds
4
Baths
3.0
sq ft
2,608

8227 County Road 6440, Lubbock, TX 79416

8227 County Road 6440

Lubbock, TX 79416

  • 40 days on market
3 bedroom, 2 bath home + a Mother-in-law suite located on 9.9 acres in Frenship School District! These properties do not come along often! Main house is 1680 sq ft, natural gas 4-ton furnace, gas water heater, 19X26 Covered back patio w/ sink for your backyard gatherings. The mother-in-law suite is 928 sq ft. & has 1 bedroom/1 bath w/ full kitchen & utility room, tankless water heater & 2.5 ton furnace. 20X30 metal shop w/ attached carport & 14X30 storage area. Property is completely fenced w/ 15' entry gate and 2, 7 1/2' gates, as well as having a fenced backyard for pets! SPEC & Co-op water keep utilities down. Give your favorite Realtor a call to see this one today!

Details

Property type

Single Family Residence

Lot size

9.93 acres

Price per sq ft

$183

Year built

2019

Annual property taxes

$6,695

Price History

10/14/2024
Lubbock

Lubbock #202414310

Listed
$475,000
10/12/2024
Lubbock

Lubbock #202414310

Pending
$475,000
10/10/2024
Lubbock

Lubbock #202414310

Listed
$475,000

Schools & Community

Elementary school: 

Willow Bend

Middle school: 

Alcove Trails

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

$225,509
Asking price
$475,000
Closing costs (~8% of asking)
-$38,000
Est. remaining loan balance
-$211,491
Cash to seller
$225,509

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

Seller’s Loan History

Lender

Mortgage Financial Services Llc

Loan start date

April 2023

Original loan amount

$215,000

Est. remaining balance

$211,491

Interest rate

6.73%

Loan type

New Conventional, 30 year

Seller

Peter Barrett

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: 11/19/2024 at 2:15 PM

Listing updated: 10/14/2024 at 12:07 PM

Listed by: Matt Murray, Texas Home and Land Connection LLC

MLS: Lubbock #202414310

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