tomo logo

$500,000

Beds
1
Baths
1.0
sq ft
724

1601 Judy Lynn Dr Unit 107, Spicewood, TX 78669

1601 Judy Lynn Dr Unit 107

Spicewood, TX 78669

  • 289 days on market
    • Price drop $50,000↓
Welcome to the lake! BIG Lake Travis and Hill Country Views! Rarely do these waterfront condos come on the market! This completely Renovated one-bedroom, one-bathroom unit is just steps away from the private community pool and Hot Tub. The seller is an interior designer; you will notice her tasteful renovation choices. The boat slip IS included in the sale and is located on the left end of the middle section of the docks. See the Renovation list in the attachments. Live the full-time resort life; make it your weekend home or short-term rent it. Skies the limit. There was a paid assessment for exterior paint and updating. New Pool Deck. PRIVATE BOAT SLIP INCLUDED Low HOA Fees cover Boat Dock Maintenance. MUST SEE. SELLER will also consider a long-term Lease—minutes to Pace Bend Park, Briarcliff Marina, and the Lighthouse Restaurant.

Details

Property type

Condominium

Est. home value

$264,981

Lot size

1,481.04 sq ft

Price per sq ft

$691

Year built

1986

Annual property taxes

$4,040

Monthly HOA fee

$370

Price History

08/26/2024
Austin

Austin #4471962

Price change
$500,000
-9.09%
02/07/2024
Austin

Austin #4471962

Listed
$550,000

Schools & Community

Elementary school: 

West Cypress Hills

Middle school: 

Lake Travis

High school: 

Lake Travis

Community features: 

Lake, Pool, Restaurant

High school district: 

Lake Travis 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

$115,120
Asking price
$500,000
Closing costs (~8% of asking)
-$40,000
Est. remaining loan balance
-$344,880
Cash to seller
$115,120

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

August 2022

Original loan amount

$356,000

Est. remaining balance

$344,880

Interest rate

5.3%

Loan type

New Conventional, 30 year

Seller

Erin Leigh Blanton

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: 11/22/2024 at 4:35 PM

Listing updated: 10/09/2024 at 11:45 AM

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

MLS: Austin #4471962

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