tomo logo

$1,549,500

Beds
4
Baths
3.5
sq ft
3,025

2101 Arcadia Loop, Kerrville, TX 78028

2101 Arcadia Loop

Kerrville, TX 78028

  • 141 days on market
    • Price drop $100,000↓
Discover unique Riverfront modern luxury living on 1.37 acres. This meticulously renovated steel front Barndominium boasts 4 bedrooms & 3.5 baths. No detail overlooked in this fully furnished complete renovation. The property is equipped with picture windows, new appliances, new AC systems, mini splitters, RO water & ADT alarm system for ultimate security. Garage w/wood & corrugated steel sheets, ping pong & RV connections directly tied to city sewer. This property holds the distinction of being the last permitted for a STR making it an ideal investment opportunity. Enjoy phenomenal river views & the magical ambiance while sitting in a 9 person Caldera hot tub spa or around the large stone fire pit. The property offers 100+ft of private riverfront w/concrete steps for fishing & kayaking. Irrigation made effortless with an in-ground sprinkler system plus a 20,000-watt solar powered system of 48- 400 watt solar panels, designed with enough spare capacity to remain 100% off-grid including an agreement allowing KPUB to buy back the excess power generated. Don't miss this rare opportunity to own an income producing property or your very own piece of riverfront paradise.

Details

Property type

Single Family Residence

Est. home value

$931,693

Lot size

1.37 acres

Price per sq ft

$513

Year built

2014

Annual property taxes

$13,469

Price History

06/19/2024
SanAntonio

SanAntonio #1771220

Price change
$1,549,500
-6.06%
05/01/2024
SanAntonio

SanAntonio #1771220

Listed
$1,649,500

Schools & Community

Elementary school: 

Kerrville

Middle school: 

Kerrville

High school: 

Kerrville

School district: 

Kerrville.

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

$814,653
Asking price
$1,549,500
Closing costs (~8% of asking)
-$123,960
Est. remaining loan balance
-$610,887
Cash to seller
$814,653

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

Seller’s Loan History

Lender

Plaza Home Mortgage Inc

Loan start date

January 2022

Original loan amount

$647,200

Est. remaining balance

$610,887

Interest rate

3.11%

Loan type

New Conventional, 30 year

Seller

Justin Brand Ferrell and Sara Catherine Ferrell

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: 09/19/2024 at 2:40 PM

Listing updated: 06/30/2024 at 2:24 AM

Listed by: Jency Carson, Fore Premier Properties Phone #: (830) 257-4000

MLS: SanAntonio #1771220

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