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$995,000

Beds
4
Baths
3.0
sq ft
1,617

1105 E 3rd St, Austin, TX 78702

1105 E 3rd St

Austin, TX 78702

  • 82 days on market
    • Price drop $105,000↓
Now that Home Phase 1 and 2 have passed this is a Great opportunity in the heart of downtown ripe for development or expansion. One property parcel, 2 Dwellings. Main home features a 4/2 open living that was remodeled down to studs including new electrical & plumbing. Hardwood floors, slate counter tops, center island with counter seating, lots of cabinet space and recessed lighting, carpet in bedrooms and full size washer dryer connections in front bath. Property also a features a completely remodeled efficiency unit in back with separate and privately roll gate entry from alley that includes a full kitchen, full bath and stackable washer/dryer. Back unit has a wall unit for AC/Heater, main house is central air and heat. Close to Rainey St & other popular bars, restaurants plus the best Austin Hot Spots! Survey and Zonability Report Availalble

Details

Property type

Single Family Residence

Est. home value

$918,755

Lot size

5,837.04 sq ft

Price per sq ft

$616

Year built

1952

Annual property taxes

$23,873.51

Price History

06/11/2024
Austin

Austin #1084319

Price change
$995,000
-9.55%
04/16/2024
Austin

Austin #1084319

Listed
$1,100,000

Schools & Community

Neighborhood: 

East Cesar Chavez

Elementary school: 

Barton Hills

Middle school: 

Lively

High school: 

Travis

Community features: 

Curbs, Sidewalks

High school district: 

Austin 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

$395,542
Asking price
$995,000
Closing costs (~8% of asking)
-$79,600
Est. remaining loan balance
-$519,858
Cash to seller
$395,542

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

Seller’s Loan History

Lender

Jpmorgan Chase Bank Na

Loan start date

December 2021

Original loan amount

$550,000

Est. remaining balance

$519,858

Interest rate

3.05%

Loan type

New Conventional, 30 year

Seller

1105 E 3Rd St Llc

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: 07/07/2024 at 4:15 PM

Listing updated: 06/12/2024 at 8:48 AM

Listed by: Brandy Wuensch, City View Realty Phone #: (512) 917-3679

MLS: Austin #1084319

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