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$90,000

Beds
3
Baths
1.0
sq ft
1,092

1309 Cypress St, Abilene, TX 79601

1309 Cypress St

Abilene, TX 79601

  • 2 days on market
Discover the perfect investment property at 1309 Cypress! This charming three-bedroom, one-bath home is an ideal opportunity for savvy investors looking to add to their portfolio. It is currently leased on a month to month basis. It’s conveniently located near Hendrick Hospital, a variety of shopping, dining, and entertainment options just minutes away, enhancing its appeal for potential renters. House to be sold AS IS.

Details

Property type

Single Family Residence

Est. home value

$95,372

Lot size

7,013.16 sq ft

Price per sq ft

$83

Year built

1925

Annual property taxes

$1,073

Price History

01/17/2025
NTREIS

NTREIS #20820017

Listed
$90,000
12/05/2024
NTREIS

NTREIS #20585971

Removed
10/08/2024
NTREIS

NTREIS #20585971

Price change
$95,000
-11.96%

Schools & Community

Neighborhood: 

North College

Elementary school: 

Martinez

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

$28,375
Asking price
$90,000
Closing costs (~8% of asking)
-$7,200
Est. remaining loan balance
-$54,425
Cash to seller
$28,375

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

$54,425

Interest rate

5.89%

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?

Status: Active

Tomo last checked: 01/19/2025 at 11:25 PM

Listing updated: 01/18/2025 at 4:12 AM

Listed by: Ann Carr, ACR-ANN CARR REALTORS Phone #: (325) 513-2744

MLS: NTREIS #20820017

NTREIS logo

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