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$565,000

Beds
4
Baths
3.0
sq ft
2,971

208 Elm Lodge Dr, Kingsland, TX 78639

208 Elm Lodge Dr

Kingsland, TX 78639

  • 183 days on market
    • Price drop $10,000↓
A MUST SEE! This captivating property is a spacious 4 bed/3 full bathroom 2,971 sqft house that is inviting & feels like home as soon as you arrive! It sits on 0.48 acres, and is located directly across the street from lake LBJ! This property has developed oak trees & well-maintained landscaping. Well water is used for irrigation and city water used inside. This house has an open living area, a large den/game room or other potential bedroom, walk in pantry, breakfast bar, dining room, and sun room/office. The floors in the home have been newly remodeled (new tile & laminate.) In the front yard, there is a working water fall, with a new pump that was just installed. In the backyard, a shed, workshop, and greenhouse are included as well. There is a DeVault home security system installed that can be re-connected by buyer. Property owner/new buyer has access to a fishing dock and a concrete boat launch ramp directly across the street from the property! Enjoy views and immediate access to lake LBJ without the Waterfront taxes! This neighborhood has no restrictions and short term rentals & Air BNB/VRBO are allowed! The bar ditch in the front yard is located in the 100 year flood plain, property has great elevation and was not affected at all by the 2018 floods. New roof installed in 2013. Whether used as full time residence, investment property for fix and flip, rental for winter Texans during hunting season, or as a weekend/summer lake house, this property has SO much to offer!! LREA is related to the sellers.

Details

Property type

Single Family Residence

Est. home value

$989,268

Lot size

0.4566 acres

Price per sq ft

$191

Year built

1971

Annual property taxes

$3,792.78

HOA

No

Price History

10/28/2024
Austin

Austin #9214718

Price change
$565,000
-1.74%
10/25/2024
Austin

Austin #9214718

Listed
$575,000
05/22/2024
Austin

Austin #9214718

Removed

Schools & Community

Elementary school: 

Packsaddle

Middle school: 

Llano

High school: 

Llano

Community features: 

Lake

High school district: 

Llano 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

$400,170
Asking price
$565,000
Closing costs (~8% of asking)
-$45,200
Est. remaining loan balance
-$119,630
Cash to seller
$400,170

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

Seller’s Loan History

Lender

Lrs Financial Network Inc

Loan start date

April 2010

Original loan amount

$172,812

Est. remaining balance

$119,630

Interest rate

4.95%

Loan type

FHA, 30 year

Seller

Jennifer M Hoffman

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 8:05 AM

Listing updated: 11/02/2024 at 8:26 AM

Listed by: Kendahl Hoffman, eXp Realty, LLC Phone #: (888) 519-7431

MLS: Austin #9214718

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