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$550,000

Beds
2
Baths
1.0
sq ft
1,224

1181 Ridgeway Dr, Austin, TX 78702

1181 Ridgeway Dr

Austin, TX 78702

  • 30 days on market
This central/east Austin house sits perched high up on the hill, with a lot size of over 8,300 sq ft. For Builders : Downtown view potential with second stories. The home leaves ample room for the imagination. The front porch looks out over the Magnolia tree while the back yard offers plenty of space for your future gardens or chickens. You’ll find a variety of local, top-rated, and award-winning favorites within minutes of this property. Explore the art and coffee scene at Springdale General or Canopy. Treat yourself to an award-winning meal over at Birdie’s and Nixta Taqueria or go enjoy a beer while listening to live music at Central Machine Works. With many offerings in this part of central/east Austin, this is an ideal location.

Details

Property type

Single Family Residence

Est. home value

$616,145

Lot size

8,359.16 sq ft

Price per sq ft

$450

Year built

1940

Annual property taxes

$10,131.85

HOA

No

Price History

11/21/2024
Austin

Austin #7486467

Listed
$550,000

Schools & Community

Neighborhood: 

Rosewood

Elementary school: 

Oak Springs

Middle school: 

Kealing

High school: 

Eastside 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

$276,738
Asking price
$550,000
Closing costs (~8% of asking)
-$44,000
Est. remaining loan balance
-$229,262
Cash to seller
$276,738

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

Seller’s Loan History

Lender

Stearns Lending Llc

Loan start date

July 2016

Original loan amount

$279,600

Est. remaining balance

$229,262

Interest rate

3.6%

Loan type

New Conventional, 30 year

Seller

Sam L Bacarisse

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: 12/22/2024 at 9:00 AM

Listing updated: 12/18/2024 at 3:32 PM

Listed by: Gray Adkins, Kuper Sotheby's Int'l Realty Phone #: (512) 831-6577

MLS: Austin #7486467

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