tomo logo

$570,000

Beds
3
Baths
2.5
sq ft
1,914

1160 Nickols Ave Unit A, Austin, TX 78721

1160 Nickols Ave Unit A

Austin, TX 78721

  • 155 days on market
    • Price drop $5,000↓
PRICED TO SELL! Great Value - 1900+ Sqft for Under $600K! Investor-friendly opportunity in East Austin, surrounded by new construction. This rare gem offers a spacious 3-bed, 2.5-bath layout with recent updates, including new interior and exterior paint, new carpet, and upgraded kitchen appliances. Featuring high ceilings, recessed lighting, and a versatile upstairs den, this home combines modern amenities with a bright, open design. The primary suite includes dual vanities, a large walk-in shower, and an expansive closet. Conveniently located near Mueller, downtown Austin, and local favorites like Palomino Coffee, Southern Heights Brewing, and Springdale General, this property is poised for significant growth with ongoing neighborhood developments. Additional features include sleek concrete floors and a garage equipped with a Level 2 EV outlet — a fantastic opportunity for buyers looking for both value and long-term investment potential.

Details

Property type

Single Family Residence

Est. home value

$778,010

Lot size

4,917.92 sq ft

Price per sq ft

$298

Year built

2014

Annual property taxes

$14,291.75

HOA

No

Price History

10/04/2024
Austin

Austin #4657510

Price change
$570,000
-0.87%
08/08/2024
Austin

Austin #4657510

Price change
$575,000
-2.54%
08/01/2024
Austin

Austin #4657510

Price change
$590,000
-0.84%

Schools & Community

Neighborhood: 

MLK 183

Elementary school: 

Sims

Middle school: 

Garcia

High school: 

Northeast Early College

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

$127,958
Asking price
$570,000
Closing costs (~8% of asking)
-$45,600
Est. remaining loan balance
-$396,442
Cash to seller
$127,958

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

Seller’s Loan History

Lender

Cmg Mortgage Inc

Loan start date

November 2021

Original loan amount

$423,000

Est. remaining balance

$396,442

Interest rate

2.99%

Loan type

New Conventional, 30 year

Seller

Ashley Mcgregor Dey and Anthony Ian Mcgregor Dey

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: 11/22/2024 at 1:50 AM

Listing updated: 10/03/2024 at 9:43 PM

Listed by: Elizabeth Michael, Bramlett Residential Phone #: (512) 850-5717

MLS: Austin #4657510

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