tomo logo

$150,000

Beds
3
Baths
2.0
sq ft
1,540

8668 City Lake Rd, Kemp, TX 75143

8668 City Lake Rd

Kemp, TX 75143

  • 8 days on market
Welcome to your comfortable country getaway on a nicely-wooded over-third-of-an-acre tract with plenty of room to call your own, especially in the back yard! When you walk through your front door, you are in a large, 13 x 26 great room that lets you entertain guests at the dinner table, then move right into the living room with a stately fireplace and mantle. Just past the convenient pony wall, your kitchen with a full set of stainless steel appliances has ample cupboard space and counter surface area and sits right next to a handy laundry and storage room with backyard access. The 18 x 18 primary bedroom lies in a secluded corner of the house. This fully-functional home is also priced to sell so that you can update it exactly the way you want -- just compare this price to similar homes in the same area that have sold recently! If you want, there are now streamlined loans that will allow you to bundle your purchase and your updates into the same loan! Hurry -- this won't last long!

Details

Property type

Single Family Residence

Est. home value

$236,695

Lot size

0.35 acres

Price per sq ft

$98

Year built

1994

Annual property taxes

$3,049

Price History

12/14/2024
NTREIS

NTREIS #20797398

Listed
$150,000
11/01/2021
NTREIS

NTREIS #14668126

Removed
04/30/2020
NTREIS

NTREIS #14236890

Removed

Schools & Community

Elementary school: 

Kemp

Middle school: 

Unknown

High school: 

Kemp

School district: 

Kemp 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

-$59,763
Asking price
$150,000
Closing costs (~8% of asking)
-$12,000
Est. remaining loan balance
-$197,763
Cash to seller
-$59,763

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

Seller’s Loan History

Lender

Efinity Financial Inc

Loan start date

October 2021

Original loan amount

$212,121

Est. remaining balance

$197,763

Interest rate

2.88%

Loan type

New Conventional, 30 year

Seller

Christopher Michal Obrien and Traci Lyn Obrien

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?

Similar Homes Nearby

NTREIS
$130,000
3 bd
|
2 ba
|
1,152 sq ft
|
House

138 Wilson Way, Gun Barrel City, TX 75156

NTREIS
$142,500
3 bd
|
2 ba
|
1,792 sq ft
|
Manufactured

15023 County Road 4060 Unit 7, Scurry, TX 75158

NTREIS
$139,900
3 bd
|
2 ba
|
1,216 sq ft
|
Manufactured

414 Kaci Jo Dr, Mabank, TX 75147

Status: Active

Tomo last checked: 12/23/2024 at 4:15 AM

Listing updated: 12/16/2024 at 8:42 PM

Listed by: Michael Lund, Stepstone Realty, LLC Phone #: (512) 213-0195

MLS: NTREIS #20797398

NTREIS logo

Recently listed in Kemp

$425,000|3 bd|2.0 ba|House
$195,000|3 bd|2.0 ba|House
$100,000|2 bd|1.0 ba|House
$225,000|3 bd|2.0 ba|House
$150,000|3 bd|2.0 ba|House
$280,000|2 bd|2.0 ba|House
$699,900|3 bd|4.0 ba|House
$639,000|4 bd|3.0 ba|House
$1,300,000|5 bd|4.0 ba|House
$210,000|3 bd|2.0 ba|Manufactured