tomo logo

$85,000

Beds
2
Baths
1.0
sq ft
784

1301 Cypress St, Abilene, TX 79601

1301 Cypress St

Abilene, TX 79601

  • 210 days on market
    • Price drop $5,000↓
This home is currently tenant occupied and is located within waling distance to the TTU School of Nursing and Hendrick North. This home features 2 spacious bedrooms and 1 bathroom and is perfect for an investor or a family looking to take advantage of Abilene's downtown initiative. Also featured is a spacious kitchen, a large laundry area and plenty of room for growth. Buyer to verify all school information.

Details

Property type

Single Family Residence

Est. home value

$84,459

Lot size

5,148.792 sq ft

Price per sq ft

$109

Year built

1927

Price History

11/09/2024
NTREIS

NTREIS #20599782

Price change
$85,000
-5.56%
10/08/2024
NTREIS

NTREIS #20599782

Price change
$90,000
-8.07%
09/17/2024
NTREIS

NTREIS #20599782

Price change
$97,900
-1.01%

Schools & Community

Neighborhood: 

North College

Elementary school: 

Taylor

Middle school: 

Craig

High school: 

Abilene

School district: 

Abilene 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

$23,613
Asking price
$85,000
Closing costs (~8% of asking)
-$6,800
Est. remaining loan balance
-$54,587
Cash to seller
$23,613

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

Seller’s Loan History

Lender

Colonial National Mortgage

Loan start date

October 2022

Original loan amount

$56,000

Est. remaining balance

$54,587

Interest rate

6.02%

Loan type

New Conventional, 30 year

Seller

Kevin Cornelius

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?

Similar Homes Nearby

Price drop
NTREIS
$95,000
2 bd
|
1 ba
|
836 sq ft
|
House

1010 Graham St, Abilene, TX 79603

NTREIS
$95,000
2 bd
|
1 ba
|
1,218 sq ft
|
House

1502 Sewell St, Abilene, TX 79605

Price drop
NTREIS
$89,500
2 bd
|
1 ba
|
1,331 sq ft
|
House

3266 S 7th St, Abilene, TX 79605

Status: Active

Tomo last checked: 11/23/2024 at 9:15 AM

Listing updated: 11/09/2024 at 11:57 AM

Listed by: Hayden Griffin, Barnett & Hill Phone #: (325) 677-3500

MLS: NTREIS #20599782

NTREIS logo

Recently listed in Abilene

$159,900|3 bd|2.0 ba|House
$219,000|3 bd|2.0 ba|House
$300,000|3 bd|2.0 ba|House
$179,000|3 bd|1.0 ba|House
$209,000|3 bd|2.0 ba|House
$145,000|3 bd|2.0 ba|House
$649,000|3 bd|2.0 ba|House
$399,900|3 bd|2.0 ba|House
$243,500|3 bd|2.0 ba|House
$299,000|2 bd|2.0 ba|House