tomo logo

$995,000

Beds
5
Baths
4.0
sq ft
3,584

20107 Continental Dr Unit B, Lago Vista, TX 78645

20107 Continental Dr Unit B

Lago Vista, TX 78645

  • 148 days on market
    • Price drop $205,000↓
Discover luxurious, low-maintenance living at its finest in Cody Park with this stunning, fully furnished waterfront condo. Ready for immediate occupancy or as a profitable short-term rental, this property offers a unique turnkey solution for effortless living or investment. Step inside via a private elevator to explore two levels of elegantly designed space, featuring panoramic views that promise to captivate and enchant. Perfect for gatherings, the expansive layout includes multiple lounging and dining areas both indoors and outdoors. The gourmet kitchen is a culinary dream, equipped with premium stainless steel appliances and extensive storage, centered around an inviting oversized island. The master suite is a serene sanctuary with a spacious bedroom and a luxurious spa-like bathroom, complemented by four additional large bedrooms. Storage is abundant with a nearly 1,800 square foot garage, providing ample room for vehicles, boats, and water sports equipment, plus a dedicated area ideal for a workshop. Situated in a prime location, launch your boat directly from Cody Park to explore Lake Travis and its vibrant waterfront dining scene. All this comes with the advantage of low HOA fees, making this property a must-see gem on the lake.

Details

Property type

Condominium

Est. home value

$1,392,049

Lot size

1.336 acres

Price per sq ft

$278

Year built

2019

Annual property taxes

$25,289

Monthly HOA fee

$162.5

Price History

11/14/2024
Austin

Austin #4459983

Price change
$995,000
-17.08%
06/27/2024
Austin

Austin #4459983

Listed
$1,200,000

Schools & Community

Elementary school: 

Lago Vista

Middle school: 

Lago Vista

High school: 

Lago Vista

Community features: 

Fishing, Lake

High school district: 

Lago Vista 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

$290,069
Asking price
$995,000
Closing costs (~8% of asking)
-$79,600
Est. remaining loan balance
-$625,331
Cash to seller
$290,069

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

Seller’s Loan History

Lender

Thrive Mortgage Llc

Loan start date

June 2022

Original loan amount

$647,200

Est. remaining balance

$625,331

Interest rate

5.3%

Loan type

New Conventional, 30 year

Seller

Wayne Trivet and Nikki Trivet

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 2:35 PM

Listing updated: 11/15/2024 at 8:44 AM

Listed by: Mindy Kratsas, Real Phone #: (512) 960-3253

MLS: Austin #4459983

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