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$1,100,000

Beds
2
Baths
1.0
sq ft
832

1607 Holly St, Austin, TX 78702

1607 Holly St

Austin, TX 78702

  • 321 days on market
    • Price drop $100,000↓
Cute 2 bedroom/1 bath home with a great location!! This is a great investment property that has a current lease on it through June 2024. Tons of development potential. Great location within easy distance of 6th street, etc. Buyer to confirm/verify all property details to their satisfaction.

Details

Property type

Single Family Residence

Est. home value

$1,199,840

Lot size

7,753.68 sq ft

Price per sq ft

$1,323

Year built

1954

Annual property taxes

$11,653

Price History

05/10/2024
Austin

Austin #5174271

Price change
$1,100,000
-8.33%
10/10/2023
Austin

Austin #5174271

Listed
$1,200,000

Schools & Community

Neighborhood: 

East Cesar Chavez

Elementary school: 

Sanchez

Middle school: 

Martin

High school: 

Eastside Early College

Community features: 

None

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

$853,867
Asking price
$1,100,000
Closing costs (~8% of asking)
-$88,000
Est. remaining loan balance
-$158,133
Cash to seller
$853,867

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

Seller’s Loan History

Lender

Swbc Mortgage Corp

Loan start date

May 2013

Original loan amount

$213,600

Est. remaining balance

$158,133

Interest rate

3.43%

Loan type

New Conventional, 30 year

Seller

Eddie Bloom

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: 08/26/2024 at 10:45 PM

Listing updated: 05/10/2024 at 7:02 AM

Listed by: Matthew Baker, Baker Realty Phone #: (512) 786-1799

MLS: Austin #5174271

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