tomo logo

$157,000

Beds
3
Baths
1.0
sq ft
1,148

1601 Durham Ave, Brownwood, TX 76801

1601 Durham Ave

Brownwood, TX 76801

  • 415 days on market
    • Price drop $2,000↓
This was fully remodeled in the last year. There were renters living in it and they were paying $1450 per month. This is the perfect cash-flowing investment property, or you could pick it up for yourself at a steal of a price. Very close to Coggin Park and conveniently located minutes from shopping, dining, and the lively downtown Brownwood. Enjoy the space of the corner lot and the private back yard. Save money on the storage unit and utilize the detached garage to store all your stuff at home! Book a tour today and let's make this home your next home. This home comes with brand new stackable washer and dryer and a brand new roof. Come enjoy the evenings on the large covered porch. Make this piece of Texas YOUR next piece of Texas.

Details

Property type

Single Family Residence

Est. home value

$94,131

Lot size

7,143.84 sq ft

Price per sq ft

$137

Year built

Unknown

Annual property taxes

$1,658

Price History

12/02/2024
NTREIS

NTREIS #20468970

Listed
$157,000
08/16/2024
NTREIS

NTREIS #20468970

Removed
07/03/2024
NTREIS

NTREIS #20468970

Price change
$159,000
+2.58%

Schools & Community

Elementary school: 

Coggin

Middle school: 

Brownwood

High school: 

Brownwood

School district: 

Brownwood 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

$108,510
Asking price
$157,000
Closing costs (~8% of asking)
-$12,560
Est. remaining loan balance
-$35,930
Cash to seller
$108,510

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

Seller’s Loan History

Lender

Taylor Bean & Whitaker Mortgage Corp

Loan start date

November 2008

Original loan amount

$53,571

Est. remaining balance

$35,930

Interest rate

5.78%

Loan type

New Conventional, 30 year

Seller

John W Lawson Sr and Deborah Lee R Lawson

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: 12/25/2024 at 12:10 AM

Listing updated: 12/07/2024 at 12:27 PM

Listed by: Jordan Barton, Turnkey Realty LLC Phone #: (325) 430-2411

MLS: NTREIS #20468970

NTREIS logo

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