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$1,590,000

Beds
5
Baths
3.0
sq ft
3,446

970 Welch Ln, Gun Barrel City, TX 75156

970 Welch Ln

Gun Barrel City, TX 75156

  • 17 days on market
One acre peninsula waterfront property is a striking example of a stately 60’s home that has been beautifully recreated with modern style and design! Sprawling home has a very comfortable flow, lots of natural lighting, abundant lake views and ideal for entertaining! Multi cook kitchen will lure you outdoors with a wall of windows where surf boats pass and beams of morning sunlight dance across the waves. The navy cabinetry, floating shelves, stainless appliances, deco tile and granite tops bring a modern and sleek design vibe. Want room to run and play? Lush st Augustine lawns are barefoot ready in abundance! Two boat slips, room for all of the water toys. Ample space to park to accommodate all of the friends and family! There is also a party barn with a large built-in bar for hosting large parties, small weddings or how about a man cave, sports bar zone? Gated acre property offers so much space to make memories with family and friends!

Details

Property type

Single Family Residence

Est. home value

$1,610,169

Lot size

1.01 acres

Price per sq ft

$462

Year built

1969

Annual property taxes

$17,602

Price History

09/02/2024
NTREIS

NTREIS #20718690

Listed
$1,590,000
08/30/2024
NTREIS

NTREIS #20455915

Removed
03/26/2024
NTREIS

NTREIS #20455915

Price change
$1,590,000
-5.92%

Schools & Community

Elementary school: 

Mabank

Middle school: 

Unknown

High school: 

Mabank

School district: 

Mabank 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

$853,697
Asking price
$1,590,000
Closing costs (~8% of asking)
-$127,200
Est. remaining loan balance
-$609,103
Cash to seller
$853,697

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

Seller’s Loan History

Lender

Amerisave Mortgage Corp

Loan start date

August 2022

Original loan amount

$647,200

Est. remaining balance

$609,103

Interest rate

5.78%

Loan type

New Conventional, 20 year

Seller

Jared Adamcik and Darrah Adamcik

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 9:40 PM

Listing updated: 09/03/2024 at 9:49 PM

Listed by: Tammy Hosch, TX Lake & Land Real Estate Phone #: (903) 802-7080

MLS: NTREIS #20718690

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