tomo logo

$699,000

Beds
3
Baths
1.5
sq ft
1,176

1206 Madison Ave, Austin, TX 78757

1206 Madison Ave

Austin, TX 78757

  • 22 days on market
    • Price drop $8,000↓
Welcome to 1206 Madison Ave, a charming bungalow nestled in the highly sought-after Crestview neighborhood. This delightful home exudes a warm and inviting ambiance, featuring beautiful real hardwood floors, updated kitchen and baths, and a dedicated dining room perfect for entertaining. With a spacious layout that seamlessly blends style and functionality, this tastefully designed home offers the perfect combination of comfort and convenience. One of the unique features of this property is the rare detached garage, providing ample space for parking and storage, adding to the overall practicality of the home. Nestled on a spacious and level 0.18-acre lot, this property features a generous front and backyard, providing an abundance of space for outdoor activities. With ample room for a pool, an ADU (Accessory Dwelling Unit), or expanding the home, the possibilities for customization are endless! The prime location of this home is unbeatable, with the vibrant Violet Crown Shopping Center just a short walk away, offering popular spots such as the beloved Little Deli and Violet Crown Coffee & Wine Bar. Families and dog lovers will appreciate the convenience of being within walking distance to Brentwood Elementary and Brentwood Park. Close proximity to downtown Austin and The Domain, along with easy access to 183 and Mopac, makes this home an ideal choice for those seeking a well-connected lifestyle. This endearing bungalow presents a fantastic opportunity to embrace the Crestview lifestyle and enjoy the comfort of a move-in ready home. Don't miss out on this gem - schedule a showing today!

Details

Property type

Single Family Residence

Est. home value

$687,681

Lot size

8,071.67 sq ft

Price per sq ft

$595

Year built

1950

Annual property taxes

$10,748.43

Price History

07/02/2024
Austin

Austin #6077809

Price change
$699,000
-1.13%
06/15/2024
Austin

Austin #6077809

Listed
$707,000
03/05/2024
Austin

Austin #6613394

Removed

Schools & Community

Neighborhood: 

Crestview

Elementary school: 

Brentwood

Middle school: 

Lamar (Austin ISD)

High school: 

McCallum

Community features: 

Curbs, Park, Playground, Pool, Sidewalks, Tennis Court(s)

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

$45,999
Asking price
$699,000
Closing costs (~8% of asking)
-$55,920
Est. remaining loan balance
-$597,081
Cash to seller
$45,999

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

Seller’s Loan History

Lender

United Wholesale Mortgage

Loan start date

July 2023

Original loan amount

$603,000

Est. remaining balance

$597,081

Interest rate

6.71%

Loan type

New Conventional, 30 year

Seller

Matthew Rainwaters and Alysha Rainwaters

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: 07/07/2024 at 4:30 PM

Listing updated: 07/02/2024 at 5:18 PM

Listed by: Caroline Smalley, Compass RE Texas, LLC Phone #: (512) 575-3644

MLS: Austin #6077809

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