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$609,814Estimated home value

Beds
3
Baths
2.0
sq ft
944

10663 E State Highway 71, Spicewood, TX 78669

10663 E State Highway 71

Spicewood, TX 78669

  • Off market
    • Price drop $14,999↓
This unique property includes TWO potential income producing homes previously leased or rented through AiRBNB. The separate homes (2/1 & 1/1) are also perfect for generational living! Adorable cottage is a 1930s bungalow relocated from Hyde Park and refinished as a farmhouse! Features TWO bedrooms, 1 full bath, kitchen, dining and living area - approximately 800 square feet to enjoy.  The cottage has a charming full kitchen that includes stainless appliances and is open to the dining and living areas. Great space! Both bedrooms are well appointed with great natural light to enjoy the stunning hill country views. Washer/Dryer closet off the back of the cottage completes the functionality of this property! The container home has been fully updated and includes 1 bedroom, 1 full bathroom, full kitchen and living room! Experience outdoor dining on the expansive deck while enjoying the sweeping hill country views and natural areas. Recessed lighting, 2 sets of sliding glass doors and natural light make the space light and bright! HUGE covered area off the back of the Container allows for a great recreation, picnic or hang out area! Many private, quiet and peaceful areas to explore, picnic or hike! Per sellers, county approval received for use of land with as 2 rental sites for Air BNB! Krause Springs is located nearby + less than a mile from coffee, kolaches, BBQ, distillery and a winery - plus about 5 minutes to the lake!

Details

Property type

Single Family Residence

Est. home value

$609,814

Lot size

6.11 acres

Price per sq ft

$514

Year built

2019

Annual property taxes

$7,364.27

HOA

No

Price History

09/15/2024
Austin

Austin #4974818

Removed
06/18/2024
Austin

Austin #4974818

Price change
$485,000
-3%
05/24/2024
Austin

Austin #4974818

Price change
$499,999
-6.54%

Schools & Community

Elementary school: 

Spicewood (Marble Falls ISD)

Middle school: 

Marble Falls

High school: 

Marble Falls

Community features: 

None

High school district: 

Marble Falls 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

$146,460
Asking price
$485,000
Closing costs (~8% of asking)
-$38,800
Est. remaining loan balance
-$299,740
Cash to seller
$146,460

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

Seller’s Loan History

Lender

Legend Lending Corp

Loan start date

December 2020

Original loan amount

$326,400

Est. remaining balance

$299,740

Interest rate

2.84%

Loan type

New Conventional, 30 year

Seller

Hannah Lindsley and William Lindsley

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: Off Market

Tomo last checked: 09/19/2024 at 2:10 PM

Listing updated: 09/06/2024 at 10:10 AM

Listed by: Leigh Anne Austin, Keller Williams Realty Phone #: (512) 346-3550

MLS: Austin #4974818

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