tomo logo

$389,248Estimated home value

Beds
3
Baths
2.0
sq ft
2,055

115 Spanish Oak Cir, Georgetown, TX 78628

115 Spanish Oak Cir

Georgetown, TX 78628

  • Off market
Beautifully Updated Home Just a Short Drive to Historic Downtown Georgetown Located just 10 minutes from the vibrant and historic downtown, this 3-bedroom, 2-bathroom home offers a unique opportunity for both investors and future homeowners. Currently a successful short-term rental, this property generates approximately $50,000 in annual revenue, making it an excellent investment. Beyond its income potential, the home is situated in a highly desirable area that is close to shopping, dining, and entertainment, making it a perfect primary residence. Enjoy the best of both worlds with a property that offers both comfort and financial gain in a sought-after location. Conveniently situated near major transportation and business districts. Easy access to three major freeways with easy access to Austin.

Details

Property type

Single Family Residence

Est. home value

$389,248

Lot size

0.275 acres

Price per sq ft

$219

Year built

1980

Annual property taxes

$6,921

HOA

No

Price History

09/21/2024
Austin

Austin #5541040

Removed
09/02/2024
Austin

Austin #5541040

Listed
$449,000

Schools & Community

Elementary school: 

Wolf Ranch Elementary

Middle school: 

James Tippit

High school: 

East View

Community features: 

None

High school district: 

Georgetown 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

$123,163
Asking price
$449,000
Closing costs (~8% of asking)
-$35,920
Est. remaining loan balance
-$289,917
Cash to seller
$123,163

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

Seller’s Loan History

Lender

Visio Financial Services Inc

Loan start date

December 2022

Original loan amount

$295,500

Est. remaining balance

$289,917

Interest rate

7.08%

Loan type

New Conventional, 30 year

Seller

Captains Escape Texas 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?

Status: Off Market

Tomo last checked: 11/10/2024 at 12:55 AM

Listing updated: 09/04/2024 at 9:37 PM

Listed by: Stacey Lancaster, eXp Realty Phone #: (888) 519-7431

MLS: Austin #5541040

Austin logo

Recently listed in Georgetown