tomo logo

$2,750,000

Beds
4
Baths
3.0
sq ft
2,901

1302 Sparrow Ln, Austin, TX 78734

1302 Sparrow Ln

Austin, TX 78734

  • 135 days on market
    • Price drop $100,000↓
Located in Lakeway Texas, a rare opportunity in private and expansive recreational living!! Located close to all conveniences, yet private. Nestled on a near 2 acre parcel, with panoramic views!! Beautiful mature trees, fully landscaped over entire property. Architecture a warm contemporary ranch, with recent remodeling and updates, to include an incredible infinity edged Pool and Spa, with expansive views! Great open floor plan, with perfect window placement for natural light and views. Primary and one additional bedroom on main level, 2 additional with office on the second level. Second level providing an expansive viewing deck. Firepit, covered verandahs, an herb and or vegetable garden, several shaded large oak tree areas, giving outdoor recreation and relaxation for family and friends to enjoy. An extra special bonus, a 2400 sq/ft detached metal & steel building, providing many options. Allowing for Luxury Motorcoach/RV or Boat Storage. Ideal for a Car Collector, Hobby/wood work, Home Gym/Indoor Sport Court, Man-Cave, Personal Trainer, Dog Trainer, Media, Game, Entertainment/Music studio space. Area, Shopping, Dining, Lake Travis Parks and Marinas, Golf, Fitness and Sport courts, all nearby! Located within the Exemplary Lake Travis School District. Go To: 1302SparrowLane.com Also for Lease MLS# 4075053

Details

Property type

Single Family Residence

Est. home value

$1,703,874

Property condition

Updated/Remodeled

Lot size

1.9827 acres

Price per sq ft

$948

Year built

2015

Annual property taxes

$23,423.56

HOA

No

Price History

09/12/2024
Austin

Austin #7448538

Price change
$2,750,000
-3.51%
07/09/2024
Austin

Austin #7448538

Listed
$2,850,000

Schools & Community

Elementary school: 

Lakeway

Middle school: 

Lake Travis

High school: 

Lake Travis

Community features: 

Fitness Center, Golf, Lake, Park, Playground, Pool, Restaurant, Tennis Court(s)

High school district: 

Lake Travis 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

$1,131,596
Asking price
$2,750,000
Closing costs (~8% of asking)
-$220,000
Est. remaining loan balance
-$1,398,404
Cash to seller
$1,131,596

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

Seller’s Loan History

Lender

Rb Mortgage Llc

Loan start date

February 2022

Original loan amount

$1,480,000

Est. remaining balance

$1,398,404

Interest rate

3.22%

Loan type

New Conventional, 30 year

Seller

Joseph Picciano and Melyssa Cramer

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 10:45 AM

Listing updated: 11/08/2024 at 11:28 AM

Listed by: Paula Pierce, Engel & Volkers Austin Phone #: (512) 328-3939

MLS: Austin #7448538

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