tomo logo

$650,000

Beds
3
Baths
2.0
sq ft
1,938

149 Meadowood Dr, Elgin, TX 78621

149 Meadowood Dr

Elgin, TX 78621

  • 220 days on market
    • Price drop $29,000↓
**Seller Financing Available w/ Approved Credit and Min $100K Downpayment** Welcome to this charming farmhouse nestled on 9.39 acres of picturesque land in the heart of Elgin, Texas. This spacious three-bedroom, two-bathroom home spans 1938 square feet and offers a perfect blend of rustic beauty and modern comfort. Step inside to discover a cozy interior with a warm ambiance, ideal for relaxing and entertaining. The home features a workshop for DIY enthusiasts, as well as multiple levels of elevation perfect for fostering animals and creating lush gardens. Nature lovers will appreciate the property's tranquil setting, complete with a winding nature trail. Don't miss the enchanting wooden bridge that crosses over a meandering wet weather creek, adding a touch of magic to this idyllic retreat. Experience the beauty of country living combined with the convenience of modern amenities in this unique farmhouse property. Your oasis awaits in Elgin, Texas.

Details

Property type

Single Family Residence

Est. home value

$694,657

Lot size

9.39 acres

Price per sq ft

$336

Year built

2001

Annual property taxes

$11,627.16

HOA

No

Price History

07/17/2024
Austin

Austin #7202311

Price change
$650,000
-4.27%
04/16/2024
Austin

Austin #7202311

Listed
$679,000
04/01/2024
Austin

Austin #3303359

Removed

Schools & Community

Elementary school: 

Elgin

Middle school: 

Elgin

High school: 

Elgin

Community features: 

None

High school district: 

Elgin 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

$418,033
Asking price
$650,000
Closing costs (~8% of asking)
-$52,000
Est. remaining loan balance
-$179,967
Cash to seller
$418,033

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

Seller’s Loan History

Lender

Everett Financial Inc

Loan start date

May 2015

Original loan amount

$227,000

Est. remaining balance

$179,967

Interest rate

3.7%

Loan type

New Conventional, 30 year

Seller

Lorne Hengst and Kathleen Hengst

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: 11/22/2024 at 11:00 PM

Listing updated: 10/15/2024 at 5:50 PM

Listed by: Noble Smith, Noble Smith Realty Phone #: (512) 354-2524

MLS: Austin #7202311

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