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$1,399,000

Beds
4
Baths
4.5
sq ft
2,770

1306 Navasota St, Austin, TX 78702

1306 Navasota St

Austin, TX 78702

  • 24 days on market
    • Price drop $100,000↓
Welcome to 1306 Navasota Street - this stunning East Austin home boasts an attached studio and offers endless possibilities in an unbeatable location. Upon entry is a light-filled open floor plan featuring a gourmet kitchen with a waterfall island, a dedicated dining area, and a luxurious living space. The main level also includes a powder room, ample under-stair storage, and a sliding door leading to the covered patio and beautiful yard adorned with an estimated 200-Year live oak tree.  The second level contains the primary bedroom and full ensuite including a walk-in shower with stylish tilework and a walk-in closet. Continuing further upstairs are two guest bedrooms with their own modern ensuites plus a flex room that can be used to your heart’s desire as an office, additional bedroom, storage, and more. Last but not least, this home features an attached studio with a private entrance, full kitchen, ensuite, and laundry. The possibilities are endless. This setup works perfectly for an in-law floorplan and multigenerational living. For investors, there’s an incredible opportunity to rent both units OR live in one and rent the other. Finally, for the discerning homeowner, the space can be utilized as a lounge, game room, separate office, or anything else you can imagine. This refined home was built with luxury and efficiency in mind as evidenced by the high-end finish out including premium fixtures, quiet close hinges, energy efficient casement windows, spray foam insulation, and automatic sprinkler system. All this on top of an incredible location makes this home a true gem. Franklin BBQ, Paperboy, Nickel City, and much more are all just stone’s throw from your front door. You can even walk to Moody Amphitheater and Waterloo Park!   This sophisticated home has been carefully constructed and lovingly maintained – now it’s time for a new owner to carry on that tradition and enjoy everything East Austin has to offer. All furniture negotiable!

Details

Property type

Single Family Residence

Est. home value

$1,701,381

Lot size

5,309.96 sq ft

Price per sq ft

$506

Year built

2021

Annual property taxes

$30,075.2

Price History

06/27/2024
Austin

Austin #6716349

Price change
$1,399,000
-6.67%
06/13/2024
Austin

Austin #6716349

Listed
$1,499,000

Schools & Community

Neighborhood: 

Central East Austin

Elementary school: 

Blackshear

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

$475,400
Asking price
$1,399,000
Closing costs (~8% of asking)
-$111,920
Est. remaining loan balance
-$811,680
Cash to seller
$475,400

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

Seller’s Loan History

Lender

Cmg Mortgage Inc

Loan start date

April 2021

Original loan amount

$871,000

Est. remaining balance

$811,680

Interest rate

3.02%

Loan type

New Conventional, 30 year

Seller

Thomas Patrick Mccormack and Becky Mccormack

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 6:50 PM

Listing updated: 07/07/2024 at 1:19 PM

Listed by: Seth Beresford, Team Price Real Estate Phone #: (512) 213-0213

MLS: Austin #6716349

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