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$95,000

Beds
3
Baths
1.0
sq ft
1,092

1309 Cypress St, Abilene, TX 79601

1309 Cypress St

Abilene, TX 79601

  • 225 days on market
    • Price drop $12,900↓
This home is currently tenant occupied through July 2024 and is located within walking distance to the TTU school of nursing. This home features 3 spacious bedrooms and 1 bathroom that is perfect for an investor or a family looking to take advantage of Abilene's downtown initiative. Also featured is a spacious eat in kitchen, a large laundry area and plenty of room for growth. Buyer to verify school information.

Details

Property type

Single Family Residence

Est. home value

$95,372

Lot size

7,000.092 sq ft

Price per sq ft

$87

Year built

1925

Price History

10/08/2024
NTREIS

NTREIS #20585971

Price change
$95,000
-11.96%
09/17/2024
NTREIS

NTREIS #20585971

Price change
$107,900
-0.92%
07/25/2024
NTREIS

NTREIS #20585971

Price change
$108,900
-1%

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

$32,846
Asking price
$95,000
Closing costs (~8% of asking)
-$7,600
Est. remaining loan balance
-$54,554
Cash to seller
$32,846

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

$54,554

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?

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Status: Active

Tomo last checked: 11/23/2024 at 9:35 AM

Listing updated: 10/08/2024 at 8:24 AM

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

MLS: NTREIS #20585971

NTREIS logo

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