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$162,000

Beds
2
Baths
1.0
sq ft
857

8550 Fair Oaks Xing Unit 306, Dallas, TX 75243

8550 Fair Oaks Xing Unit 306

Dallas, TX 75243

  • 90 days on market
    • Price drop $8,000↓
AGRESSIVELY PRICED AND $2K FOR FLOORING!!!! - FHA SPOT APPROVED!!!! - Comfort and convenience all within this 2 BD 1 Bath Dallas Condo, ideal for 1st time buyers. This condo is a perfect candidate and excellent for investors. Inviting oversized living room featuring a cozy fireplace and built-in bookcase giving you max functionality. Kitchen upgraded with modern appliances, granite countertops, and lots of cabinet space. Primary bedroom comes with a dual closet and large windows for natural light. Lastly, the patio lets you unwind or entertain, giving you an outdoor oasis. Nestled in the desirable Lake Highlands area, you'll be close to attractions like Harry S Moss Park & White Rock Lake. Access quick commutes through I-635 & HWY 75. Don't rent when you can own with affordable payment options. Schedule your showing today and make this Dallas condo your new home!

Details

Property type

Condominium

Est. home value

$169,596

Lot size

7.44 acres

Price per sq ft

$190

Year built

1982

Annual property taxes

$3,220

Monthly HOA fee

$359

Price History

09/05/2024
NTREIS

NTREIS #20647583

Price change
$162,000
-4.71%
08/21/2024
NTREIS

NTREIS #20647583

Listed
$170,000
08/20/2024
NTREIS

NTREIS #20647583

Removed

Schools & Community

Neighborhood: 

Northeast Dallas

Elementary school: 

Skyview

Middle school: 

Unknown

High school: 

Lake Highlands

School district: 

Richardson 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

$40,255
Asking price
$162,000
Closing costs (~8% of asking)
-$12,960
Est. remaining loan balance
-$108,785
Cash to seller
$40,255

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

Seller’s Loan History

Lender

Mid-American Mortgage Inc

Loan start date

May 2018

Original loan amount

$123,190

Est. remaining balance

$108,785

Interest rate

4.42%

Loan type

New Conventional, 30 year

Seller

Tyler Krieg and Samantha Jean Herber

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: 10/05/2024 at 10:40 PM

Listing updated: 09/05/2024 at 4:39 PM

Listed by: Julie Rogers, Bradford Elite Real Estate LLC Phone #: (972) 689-9582

MLS: NTREIS #20647583

NTREIS logo

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