tomo logo

$489,000

Beds
2
Baths
2.0
sq ft
982

1506 Forest Trl Unit 105, Austin, TX 78703

1506 Forest Trl Unit 105

Austin, TX 78703

  • 52 days on market
    • Price drop $10,000↓
LOCATION, LOCATION, LOCATION! Discover this beautifully remodeled condo in the highly sought-after Tarrytown neighborhood, just minutes from downtown Austin. This private enclave, with only 8 units, offers a perfect blend of privacy and convenience. 2021 updates include an open-concept main floor featuring a cozy living area with a gas fireplace, modern kitchen with quartz countertops, custom soft-close cabinets and drawers, updated flooring, lighting, and a convenient laundry nook. There is ample storage both under the stairs and connected to the two covered parking spots below the unit. All appliances, including the washer and dryer convey. The second floor features two bedrooms, each with loads of natural light and ensuite bathrooms. The primary suite offers dual vanities, custom cabinetry, and a luxurious walk-in shower. Enjoy easy access to all of Austin’s outdoor and urban offerings with the close by Hike and Bike trail, Westenfield park, Lake Austin, Littlefields Tacos + Coffee and more! Whether you're looking to own a piece of Central Austin for yourself or as an investment opportunity this Tarrytown gem is the perfect place for you! Buyer to verify square footage and tax information.

Details

Property type

Condominium

Est. home value

$473,869

Property condition

Updated/Remodeled

Lot size

1,629.14 sq ft

Price per sq ft

$498

Year built

1985

Annual property taxes

$5,572

Monthly HOA fee

$426

Price History

10/21/2024
Austin

Austin #5984886

Price change
$489,000
-2%
09/23/2024
Austin

Austin #5984886

Listed
$499,000

Schools & Community

Elementary school: 

Casis

Middle school: 

O Henry

High school: 

Austin

Community features: 

Curbs

High school district: 

Austin 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

$172,436
Asking price
$489,000
Closing costs (~8% of asking)
-$39,120
Est. remaining loan balance
-$277,444
Cash to seller
$172,436

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

Seller’s Loan History

Lender

Bancorpsouth Bank

Loan start date

April 2021

Original loan amount

$301,600

Est. remaining balance

$277,444

Interest rate

2.81%

Loan type

New Conventional, 30 year

Seller

Callan A Fowler and Jack C Kiser

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: 11/14/2024 at 7:10 PM

Listing updated: 10/23/2024 at 9:20 AM

Listed by: Cindy Fowler, Compass RE Texas, LLC Phone #: (512) 575-3644

MLS: Austin #5984886

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