2 months on rocket

302 Grace Ln, Terrell, TX, 75160

$244,900

Home List Price

$2,908*

Closing Credit

5 Bedrooms
4 Full Baths, 1 Partial
4,841 SqFt
$51/SqFt
House

Location

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302 Grace Ln, Terrell$244,900

Buyer Closing Credits

$2,908*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingAdditional Parking
Attached Garage3 spaces
Year Built1935
HeatingCentral
CoolingCentral Air
FireplaceMasonry
MLS #20708811
Lot Size1.17 Acres
StatusActive

About 302 Grace Ln

***2nd CHANCE TO CASH IN AT LOWER PRICE!, BUYER COULD NOT QUALIFY. RECENT COMPARABLE SALES SUGGEST AN AMAZING AFTER REPAIR VALUE ON THIS PROPERTY*** Investor's Dream Opportunity located in the heart of Terrell waiting to be transformed into a masterpiece! This historic home with its blend of old-world charm & modern amenities, is brimming with potential with 5 beds and over 4800 sq ft, nestled on over an acre of prime land on a fully fenced corner lot in desirable North Terrell offers abundant possibilities offering original craftsmanship, modern amenities & extensive outdoor features. Abundant & spacious layout including downstairs master suite with two closets, office, master bath and more. Enjoy two large living areas that provide ample space for family. Sprawling backyard ready for you to create your own private oasis with a large inground pool, cabana and plenty of room for a basketball or tennis court! Also included are 2-car detached garages.The grounds are shaded by majestic pecan & oak trees.

Property Details

Property Features

Property Information:

  • Architectural Style: Detached
  • Year Built: 1935
  • Living Area: 4,841 SqFt

Listing Office:

  • Office Name: Casa Real Estate Inc
  • Office Phone: (469) 596-2004
  • Listing Agent: Jesse Vasquez

Interior Features

Interior Information:

  • Basement: No
  • Flooring Type: Wood
  • Interior: Decorative/Designer Lighting Fixtures, High Speed Internet, Cable TV
  • Fireplace: Masonry

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 4
  • Total Bedroom Count: 5

Exterior Features

Parking Information:

  • Garage Space: 3 spaces
  • Attached Garage: Yes
  • Parking: Additional Parking

Virtual/3D Tour

  • Virtual Tour: 302 Grace Ln
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Lot Features

Lot Information:

  • Lot: Corner Lot
  • Lot Size: 1.17 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: For best directions use Apple or Google Maps

Price Information

Listing Price Info

Price Summary:

  • List Price: $244,900
  • Price Per SqFt: $51/SqFt

Tax Information:

  • Annual Amount: $5,155
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Terrell, TX.

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Terrell, TX

City

Med. List Price

$309.4K

Med. Price/SqFt

$181

Avg. Days On Market

99

# of Sold Homes

28

302 Grace Ln vs Terrell

73 DAYS ON ROCKET

-26 Days

$244,900

-$64.5K Less

$51/SqFt

-$131 Less

KEY TAKEAWAY

This property is $64.5K less than the Median List Price and $131/SqFt less than other homes in Terrell, TX.

Based on homes listed in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NTR
  • MLS Number: #20708811

Listing Office:

  • Office Name: Casa Real Estate Inc
  • Office Phone: (469) 596-2004
  • Listing Agent: Jesse Vasquez

IDX ©2024 North Texas Real Estate Information Systems. All rights reserved. The database information herein is provided from and copyrighted by the North Texas Real Estate Information Systems, Inc. NTREIS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. The advertisements herein are merely indications to bid and are not offers to sell which may be accepted. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.


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Last updated on: 11/5/2024, 6:20:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$5,155$463,910
2019$7,241$246,466
2018$6,926$224,060
2017$6,395$209,594

History based on county public records data.

Payment Calculator

$1,290

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$801

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-1846161
4
/10

  • Dr Bruce Wood Elementary School

  • 121 Poetry Rd

  • 0.57 miles

  • Public District Grades 3-6

school-card-donut-1846162
4
/10

  • Blackburn Elementary School

  • 2401 Concord St

  • 7.54 miles

  • Public District Grades PK-6

school-card-donut-1846163
4
/10

  • Smith Elementary School

  • 1750 Iron Gate Blvd

  • 7.54 miles

  • Public District Grades PK-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $73,933. The most common annual income of people living in Terrell, TX is between $35k-100k. Residents typically live in single, no kids family. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 302 Grace Ln

What is the listing price of this property?

The listing price of 302 Grace Ln property is $244,900.

What type of property is this?

The property 302 Grace Ln is a house located in Terrell, Texas, 75160.

Is this property for sale now?

Active Listing: 302 Grace Ln is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $5,155 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 302 Grace Ln has 5 bedrooms and 4 full and 1 half bathrooms.

What is the square footage of this property?

The property 302 Grace Ln is 4,841 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 302 Grace Ln is 1935.

Rocket Homes›Texas›Kaufman County›Terrell›75160›302 Grace Ln

This home is located at 302 Grace Ln in Terrell, TX and zip code 75160 in the Fairview neighborhood. This 4,841 square foot home, which was built in 1935, sits on a 1.17 acre lot. Features: 5 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since August 23, 2024 and is currently priced at $244,900.

The number of homes for sale in Terrell, TX increased by 9.3% between September 2024 and October 2024. In October 2024, listings were on the market for 99 days. During the same period, the median list price in this real estate market was $309,416.

From Rocket Homes Real Estate and based on county public records data.

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