tomo logo

$425,000

Beds
3
Baths
2.5
sq ft
2,069

167 Rioja, Kyle, TX 78640

167 Rioja

Kyle, TX 78640

  • 98 days on market
Very unique large lot, 2 homes for the price of one! Make immediate rental income from the garage studio apartment, currently rented for $1100/mo (other neighbors are getting $1300). The main house offers 3 spacious bedrooms and 2.5 baths, this home is designed with an open concept floorplan that seamlessly connects the living, dining, and kitchen areas, making it perfect for both everyday living and entertaining. The main level features a light-filled living room, a modern kitchen with ample cabinetry, and a cozy dining area that opens to a private backyard—ideal for outdoor gatherings. Upstairs, you'll find the generously sized bedrooms, including a serene master suite complete with a luxurious en-suite bath and a walk-in closet. A back patio that is shaded in the afternoon is perfect for lounging. Adding to the appeal of this property is a versatile studio apartment situated above the garage. This separate living space offers privacy and can be used as a guest suite, home office, or rental unit for extra income. Located in a family-friendly neighborhood with easy access to local amenities, schools, and parks, this home blends comfort with convenience. The neighborhood has an incredible community pool only steps away! The home is still covered by Lennar's warranty, and all appliances are only a year old! This home is basically new!

Details

Property type

Single Family Residence

Est. home value

$355,007

Lot size

4,978.91 sq ft

Price per sq ft

$206

Year built

2021

Annual property taxes

$8,178.27

Monthly HOA fee

$65

Price History

10/03/2024
Austin

Austin #1955188

Price change
$425,000
+6.52%
09/12/2024
Austin

Austin #1955188

Price change
$399,000
-16%
08/10/2024
Austin

Austin #1955188

Price change
$475,000
-5%

Schools & Community

Elementary school: 

Laura B Negley

Middle school: 

R C Barton

High school: 

Jack C Hays

Community features: 

Clubhouse, Playground, Pool

High school district: 

Hays CISD

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

$82,199
Asking price
$425,000
Closing costs (~8% of asking)
-$34,000
Est. remaining loan balance
-$308,801
Cash to seller
$82,199

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

Seller’s Loan History

Lender

Lennar Mortgage Llc

Loan start date

February 2023

Original loan amount

$314,991

Est. remaining balance

$308,801

Interest rate

6.33%

Loan type

New Conventional, 30 year

Seller

Gerardo Garza Jr

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 9:45 AM

Listing updated: 10/25/2024 at 4:11 PM

Listed by: Chase Cangelosi, All City Real Estate Ltd. Co Phone #: (866) 277-6005

MLS: Austin #1955188

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