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$799,000

Beds
2
Baths
1.0
sq ft
925

1120 Gillespie Pl Unit 2, Austin, TX 78704

1120 Gillespie Pl Unit 2

Austin, TX 78704

  • 5 days on market
Nestled in the heart of Travis Heights, this updated mid-century style 2 bed, 1 bath home offers bright and spacious living space with a backyard that is the definition of Austin living. With a 925 SF main house and a 120 SF detached studio (not included in home square footage), you’ll have flexibility for guest space, home office, or a creative studio. As you walk in the front door, the open layout with high, beamed ceilings and abundance of natural light make the space feel large. The kitchen is equipped with stainless steel appliances, a breakfast bar, and custom shelves for ample storage, all overlooking the amazing backyard. The unexpected oversized yard is fully fenced and tree shaded making it a serene oasis in this urban setting. It is fully turfed for easy maintenance and complete with a Cowboy Pool for hot summer days. Additional features include a covered carport with an attached utility/storage room with private laundry. This home offers an unbeatable location, with easy access to I35, South Congress, Lady Bird Lake hike and bike trail, and Zilker Park, making it a perfect blend of comfort, style, and convenience. If you’re looking for a small space that feels large but provides the character of old Austin with modern amenities and the perfect outdoor space, welcome home.

Details

Property type

Condominium

Est. home value

$582,019

Lot size

4,094.64 sq ft

Price per sq ft

$864

Year built

1968

Annual property taxes

$11,734

HOA

Yes

Price History

06/27/2024
Austin

Austin #3862815

Listed
$799,000

Schools & Community

Neighborhood: 

South River City

Elementary school: 

Travis Hts

Middle school: 

Lively

High school: 

Travis

Community features: 

None

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

$146,246
Asking price
$799,000
Closing costs (~8% of asking)
-$63,920
Est. remaining loan balance
-$588,834
Cash to seller
$146,246

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

Seller’s Loan History

Lender

Loanpeople Llc

Loan start date

September 2022

Original loan amount

$603,250

Est. remaining balance

$588,834

Interest rate

5.54%

Loan type

New Conventional, 30 year

Seller

Sean Stranick

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: 07/02/2024 at 5:45 PM

Listing updated: 06/29/2024 at 4:06 PM

Listed by: Meredith Alderson, eXp Realty, LLC Phone #: (888) 519-7431

MLS: Austin #3862815

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