tomo logo

$309,000

Beds
3
Baths
2.5
sq ft
1,540

20980 Waterside Dr Unit 40, Lago Vista, TX 78645

20980 Waterside Dr Unit 40

Lago Vista, TX 78645

  • 363 days on market
    • Price drop $6,000↓
*Tenant has agreed to move it out within 60 days of receiving a contract* Brand new HVAC installed! Welcome to this cozy, Lock & Leave condo in the gated Waterside community, ideal for a relaxed life near Lake Travis! Enjoy the spacious living room with its high ceilings, plenty of natural light, and a warm electric fireplace with a unique tile design and wooden mantel. The kitchen is practical and welcoming, featuring granite countertops, updated cabinet hardware, a modern sink and faucet, and efficient light fixtures, all set against gorgeous painted cabinets. The main bedroom is a comfortable space with its own balcony, providing a peaceful view. The adjoining bathroom has been updated with a barn door, a large walk-in shower, and large vanity. Living in Waterside means enjoying the outdoors with a pool, a grill area, and beautiful lawns with trees, plus special access to the lake. This condo is conveniently located near parking and comes with a one-car garage for added ease. The community is quiet and private, as short-term rentals are not allowed. Being part of Waterside Oaks COA and Lago Vista POA also means access to all the parks and facilities in Lago Vista, including lakefront areas, a campground, and extra pools. Life in Lago Vista includes being in a well-regarded school district, with local wineries, golf courses, marinas, and arts to explore. It's also just a short drive to downtown Austin and The Domain for work and more fun! For a small monthly fee, you can enjoy extra perks of the Lago Vista POA like access to nine private waterfront parks, sports courts, boat ramps, camping sites, disc golf, and fishing. This Lago Vista condo is perfect for a comfortable and peaceful lifestyle by the lake.

Details

Property type

Condominium

Est. home value

$364,884

Lot size

7,954.06 sq ft

Price per sq ft

$201

Year built

2002

Annual property taxes

$8,476.82

Monthly HOA fee

$325

Price History

07/16/2024
Austin

Austin #1582487

Price change
$309,000
-1.9%
05/31/2024
Austin

Austin #1582487

Price change
$315,000
-2.48%
04/22/2024
Austin

Austin #1582487

Price change
$323,000

Schools & Community

Elementary school: 

Lago Vista

Middle school: 

Lago Vista

High school: 

Lago Vista

Community features: 

Airport/Runway, Clubhouse, Fishing, Fitness Center, Gated, Golf, Lake, Park, Playground, Pool, Restaurant, Tennis Court(s)

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

$93,497
Asking price
$309,000
Closing costs (~8% of asking)
-$24,720
Est. remaining loan balance
-$190,783
Cash to seller
$93,497

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

Seller’s Loan History

Lender

Loandepot.Com Llc

Loan start date

January 2023

Original loan amount

$200,000

Est. remaining balance

$190,783

Interest rate

6.33%

Loan type

New Conventional, 20 year

Seller

Jeffrey Scott Marlowe and Robin Marlowe

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 3:35 PM

Listing updated: 07/16/2024 at 1:34 PM

Listed by: Danielle Babin, Keller Williams Realty-RR WC Phone #: (512) 255-5050

MLS: Austin #1582487

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