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$480,000

Beds
6
Baths
4.0
sq ft
1,689

130 Los Arcos Rd, Elgin, TX 78621

130 Los Arcos Rd

Elgin, TX 78621

  • 118 days on market
    • Price drop $20,000↓
Excellent investment with multiple income producing dwellings. The property features a main home, and two separate apartments. Both apartments have private entrances. The main home features three bedrooms, two full baths, open floor plan, and large front and back covered porch. One apartment has two levels that features one bedroom and one bath on the upper level and kitchen with dinning room on the lower level. Second apartment is located at the back of the property that includes two bedrooms, Jack and Jill bathroom, and kitchen/dinning room area. The home is conveniently located on a corner lot, the lot is completely fenced in. The spacious lot has plenty of front, back and side yard. There are two separate entry gates. Click on the virtual link for floor plan and lot lay out. Make your appointment today!

Details

Property type

Single Family Residence

Est. home value

$217,927

Lot size

0.5 acres

Price per sq ft

$285

Year built

2020

Annual property taxes

$4,860.35

HOA

No

Price History

10/19/2024
Austin

Austin #8108254

Price change
$480,000
-4%
08/27/2024
Austin

Austin #8108254

Listed
$500,000

Schools & Community

Elementary school: 

Booker T Washington

Middle school: 

Elgin

High school: 

Elgin

Community features: 

None

High school district: 

Elgin 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

$381,435
Asking price
$480,000
Closing costs (~8% of asking)
-$38,400
Est. remaining loan balance
-$60,165
Cash to seller
$381,435

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

Seller’s Loan History

Lender

Centex Los Sendersos Lp

Loan start date

April 2020

Original loan amount

$72,950

Est. remaining balance

$60,165

Interest rate

3.49%

Loan type

Not Provided, 20 year

Seller

Osman Enamorado and Gladis Suyapa Pacheco

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: 12/23/2024 at 6:55 PM

Listing updated: 10/19/2024 at 10:35 AM

Listed by: Sarai Mata, Dash Realty Phone #: (512) 222-3406

MLS: Austin #8108254

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