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$389,900

Beds
2
Baths
1.0
sq ft
780

1403 Waterloo Trl Unit B, Austin, TX 78704

1403 Waterloo Trl Unit B

Austin, TX 78704

  • 45 days on market
    • Price drop $10,000↓
LOCATION, LOCATION, LOCATION! A RARE HOME-OWNER OR INVESTOR OPPORTUNITY!!Completely Updated 2/1 condo Nestled on a HUGE shaded cul-de-sac lot! This unit has been renovated with Natural Hardwood & Tile flooring throughout, Stainless Steel Appliances, Extended Granite countertops, Built-in computer desk, Recessed LED Lighting, Energy efficient windows, Custom Designed White Shaker Kitchen cabinets, and a Custom 6 ft. walk-in shower! Exterior features include a large backyard with private patio and an ample storage room adjacent to the front entry. First time on the market in 20 years and a rare opportunity for a homeowner or investor! This recently converted condo offers future owners several possibilities. Buyer can a) buy one side as a home, b) buy both sides and continue the leases (side A: $1750, side B: $1870), or c) buy both sides and opt to live in one side and lease or sell the other. The units have always been in demand and have never had an extended vacancy. Both sides are leased to responsible tenants who are currently on a month to month lease. Both sides have been scrupulously maintained by the same owners for 20 years. Both sides have UNUSUALLY LARGE LOTS (total: 0.26 acres) with 8-foot privacy fences perfect for pets, gardening, and/or outside activities, and the property is prominently elevated above street level. This quiet neighborhood is in the HEART - not the perimeter- of Austin’s activity, culinary and cultural life. The 78704 South Lamar (SOLA) area is close to downtown Austin, and premiere shopping and activity centers such as Whole Foods, HEB, Lady Bird Lake trail, Barton springs, Zachary Scot Theater, the Austin-Bergstrom airport (20 min), major highway arteries i.e. I35, MoPac, Hwys 71, 290, Loop 360 and most of Austin's best- and best-known restaurants.

Details

Property type

Condominium

Est. home value

$734,375

Property condition

Updated/Remodeled

Lot size

0.2562 acres

Price per sq ft

$500

Year built

1982

Annual property taxes

$5,861.16

Price History

08/02/2024
Austin

Austin #3427749

Price change
$389,900
-2.5%
07/11/2024
Austin

Austin #3427749

Listed
$399,900

Schools & Community

Neighborhood: 

South Lamar

Elementary school: 

Zilker

Middle school: 

O Henry

High school: 

Austin

Community features: 

None

High school district: 

Austin ISD

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Wells Fargo Home Mtg Inc

Loan start date

June 2002

Original loan amount

$134,100

Est. remaining balance

Not provided

Interest rate

6.5%

Loan type

Not Provided, 30 year

Seller

Eric M Hicks and Irina B Hicks

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: 08/26/2024 at 5:35 AM

Listing updated: 08/21/2024 at 10:40 AM

Listed by: Tye Cobb, All City Real Estate Ltd. Co Phone #: (866) 277-6005

MLS: Austin #3427749

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