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$597,901Estimated home value

Beds
3
Baths
2.0
sq ft
1,206

1117 Lott Ave, Austin, TX 78721

1117 Lott Ave

Austin, TX 78721

  • Off market
    • Price drop $5,000↓
Built in 1979 in the east hills of Austin just off Airport Blvd. wrapped in custom sandstone, 3 bedroom, 2 Bath, 1200+ sf, large lot, two large carports able to hold multiple cars, boats or RV, fully gated to the street, stone pillars, iron fence front yard, tall privacy fence backyard. Outside office building, and storage building, backs to creek, multiple home possibilities. Lots of opportunity to expand. Near airport, freeways and downtown, lots of development, and home remodeling area.

Details

Property type

Single Family Residence

Est. home value

$597,901

Lot size

9,700.81 sq ft

Price per sq ft

$494

Year built

1979

Annual property taxes

$6,842.52

Price History

07/05/2024
Austin

Austin #7667795

Removed
06/30/2024
Austin

Austin #7667795

Price change
$595,000
-0.83%
06/17/2023
Austin

Austin #7667795

Listed
$600,000

Schools & Community

Neighborhood: 

MLK 183

Elementary school: 

Ortega

Middle school: 

Martin

High school: 

Eastside Early College

Community features: 

Park, 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

$513,927
Asking price
$595,000
Closing costs (~8% of asking)
-$47,600
Est. remaining loan balance
-$33,473
Cash to seller
$513,927

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

Seller’s Loan History

Lender

Mortgage Portfolio Services Inc

Loan start date

October 2000

Original loan amount

$79,448

Est. remaining balance

$33,473

Interest rate

7.94%

Loan type

FHA, 30 year

Seller

Julio Trevino and Guillermina Diaz

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?

Status: Off Market

Tomo last checked: 10/04/2024 at 10:45 PM

Listing updated: 06/30/2024 at 12:23 PM

Listed by: Phillip Gutierres, JBGoodwin REALTORS WL Phone #: (512) 502-7601

MLS: Austin #7667795

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