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$475,000

Beds
3
Baths
2.0
sq ft
1,780

188 Thoroughbred Ln, Spring Branch, TX 78070

188 Thoroughbred Ln

Spring Branch, TX 78070

  • 47 days on market
    • Price drop $24,999↓
Located in the picturesque Texas Hill Country, this charming 1.5 story farmhouse offers the perfect retreat for those seeking tranquility amidst the natural beauty of the region. Once you step inside, you are immediately greeted by the warm and inviting ambiance of today's farmhouse. Open-concept floor plan. Natural light streams through large newly replaced windows (all but one). Open staircase to the flex room upstairs. The kitchen is a a cook's dream with wood and bead board cabinets, neutral granite countertops, stainless steel appliances, dark bronze fixtures. It also features a raised breakfast bar overlooking the family room and offers a large pantry and utility room. With ample counter space and storage, this kitchen is perfect for preparing gourmet meals for an either a party or a casual family gathering. The home boasts three spacious bedrooms on the main level, each offering a serene haven for rest and relaxation. The primary bedroom features an updated ensuite bathroom with luxurious, modern finishes. The remaining bedrooms are complemented by a shared, recently updated bathroom, providing ample privacy and comfort for family members or overnight guests. Other recent updates include: new windows, new indoor and outdoor AC unit, new metal fence, and a RV 50 amp hookup located on site. The outside also features a chicken coop (chickens not included), four raised garden beds with a slidable sun shade, and a large oversized and detached garage or workshop. The garage also features a 25' x 5' insulated storage area. The expansive grounds provide ample space for outdoor activities and entertainment. From hosting barbecues on the large patio to evening bonfires under the starlit Texas sky, this property allows residents to fully embrace the charm of country living. The sellers recently added extra blown in insulation in attic as well. The 6700 gallon water catchment system and greenhouse are excluded but may be purchased at the seller's cost.

Details

Property type

Single Family Residence

Est. home value

$496,187

Lot size

1.06 acres

Price per sq ft

$267

Year built

2002

Annual property taxes

$5,300

Monthly HOA fee

$25

Price History

08/15/2024
CentralTexas

CentralTexas #550357

Price change
$475,000
-5%
07/10/2024
CentralTexas

CentralTexas #550357

Listed
$499,999

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Gated

High school district: 

Comal 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

$183,734
Asking price
$475,000
Closing costs (~8% of asking)
-$38,000
Est. remaining loan balance
-$253,266
Cash to seller
$183,734

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

Seller’s Loan History

Lender

Quicken Loans Llc

Loan start date

June 2021

Original loan amount

$271,900

Est. remaining balance

$253,266

Interest rate

2.98%

Loan type

New Conventional, 30 year

Seller

Grover Dennis Clifton Jr and Amanda Clifton

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 5:50 PM

Listing updated: 08/19/2024 at 8:43 AM

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

MLS: CentralTexas #550357

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