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$650,000

Beds
3
Baths
2.0
sq ft
2,170

1380 Railroad St, Maxwell, TX 78656

1380 Railroad St

Maxwell, TX 78656

  • 211 days on market
    • Price drop $50,000↓
COUNTRY LIVING AWAY FROM IT ALL. 2100SF STEEL HOME (SOME SAY BARNDOMINIOUM) BUT WAS FINANCED ON VA LOAN STATING STEEL HOME. ASSUME 2.785 VA LOAN. SELLER IS CURRENTLY USING IT AS A SHORT-TERM RENTAL (AIRBNB) ON THE WEEKENDS) TWO KITCHENS INCLUDING A COMMERCIAL KITCHEN ON ONE SIDE OF HOME PLUS A LIVING AREA OR 4TH BEDROOM WITH FULL BATH. WOULD MAKE A GREAT IN-LAW QUARTERS, HOME OFFICE, TEENAGER HANGOUT OR MORE. OTHER SIDE HAS 3 BEDROOMS AND SECOND BATH, HUGE LIVING AREA AND NICE KITCHEN WITH LOTS OF CABINETS. STAINED CONCRETE FLOORS THROUGHOUT SO NEVER WORRY ABOUT BRINGING THE OUTSIDE INSIDE. ALSO, IN THE BARN AREA ATTACHED TO THE HOUSE ENOUGH ROOM FOR ALL THE TOYS, 5 OR 6 CARS, OR BOAT AND RV AND LOFT STORAGE WITH STAIR ACCESS. GREAT FOR YOUR COLLECTION, WOOD WORKING, HOME BUSINESS, FARM/RANCH EQUIPTMENT AND MORE. ONE AC UNIT REPLACED 2024 AND OTHER ONE SERVICED. NICE CHICKEN COOP WITH YARD, PLUS TOTAL OF 6 BARNS STALLS LOCATED ON DIFFERENT PARTS OF THE PROPERTY. BIG TANK WITH WATER EVEN NOW, 7-3000 GALLON RAINWATER COLLECTION TANKS PLUS CITY WATER. FENCED AND CROSS FENCED. ALL THAT IS MISSING IS YOU! SEE IT SOON!

Details

Property type

Single Family Residence

Est. home value

$720,993

Lot size

10.01 acres

Price per sq ft

$300

Year built

2010

Annual property taxes

$9,302

HOA

No

Price History

02/04/2025
CentralTexas

CentralTexas #555903

Price change
$650,000
-7.14%
09/05/2024
CentralTexas

CentralTexas #555903

Listed
$700,000
04/16/2024
CentralTexas

CentralTexas #529228

Removed

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

None

High school district: 

Lockhart 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

$211,000
Asking price
$650,000
Closing costs (~8% of asking)
-$52,000
Est. remaining loan balance
-$387,000
Cash to seller
$211,000

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

Seller’s Loan History

Lender

Cornerstone Home Lending Inc

Loan start date

August 2020

Original loan amount

$430,500

Est. remaining balance

$387,000

Interest rate

3.13%

Loan type

VA, 30 year

Seller

Jonathan Andrew Gonzalez

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: 04/04/2025 at 6:00 PM

Listing updated: 02/03/2025 at 8:19 PM

Listed by: Jeff Smith, San Antonio Elite Realty Phone #: (210) 455-8099

MLS: CentralTexas #555903

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