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$395,000

Beds
3
Baths
2.5
sq ft
1,866

1604 Cottonwood Mesa Dr, Kempner, TX 76539

1604 Cottonwood Mesa Dr

Kempner, TX 76539

  • 33 days on market
    • Price drop $80,000↓
Discover the perfect blend of modern comfort and serene country living with this exceptional 3-bedroom, 2.5-bath home set on 5 sprawling acres in a gated community in Kempner, TX. This property is wildlife and agriculture-exempt, offering the benefit of a low property tax rate! Step inside to find an open-concept design ideal for relaxing or entertaining, complemented by picturesque views of the surrounding countryside. Unique features abound, including a thoughtfully designed dog shower in the laundry room and a charming backyard. Car enthusiasts and hobbyists will be thrilled by the detached garage/barn, complete with a car lift and ample space for projects and storage. Experience the tranquility of rural life without sacrificing modern conveniences. Don’t miss the chance to make this incredible home yours today!

Details

Property type

Single Family Residence

Est. home value

$531,127

Lot size

5.01 acres

Price per sq ft

$212

Year built

2021

Annual property taxes

$4,350

Monthly HOA fee

$41.67

Price History

11/15/2024
CentralTexas

CentralTexas #560162

Price change
$395,000
-16.84%
10/28/2024
CentralTexas

CentralTexas #560162

Price change
$475,000
-6.86%
10/19/2024
CentralTexas

CentralTexas #560162

Listed
$510,000

Schools & Community

Elementary school: 

Taylor Creek

Middle school: 

Lampasas Middle School

High school: 

Lampasas High School

Community features: 

Gated

High school district: 

Lampasas 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

$68,831
Asking price
$395,000
Closing costs (~8% of asking)
-$31,600
Est. remaining loan balance
-$294,569
Cash to seller
$68,831

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

Seller’s Loan History

Lender

Wallick & Volk Inc

Loan start date

September 2021

Original loan amount

$316,350

Est. remaining balance

$294,569

Interest rate

2.77%

Loan type

New Conventional, 30 year

Seller

Bailey M Redding and Seth J Redding

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 7:30 AM

Listing updated: 11/15/2024 at 4:44 PM

Listed by: Caroline Alfaro, Homestead Real Estate Phone #: (254) 238-7021

MLS: CentralTexas #560162

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