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$1,252,317

Beds
4
Baths
3.5
sq ft
2,524

2201 E 16th St, Austin, TX 78702

2201 E 16th St

Austin, TX 78702

  • Pending
    • Price drop $23,583↓
HUGE PRICE REDUCTION. Seller is motivated! Bring all offers. Buydown option for buyer with preferred lender. Welcome to your dream home in the heart of Chestnut neighborhood! This stunning single-family new construction residence is perfectly situated on a corner lot, offering peaceful views overlooking the serene Chestnut Park. Boasting a sophisticated and modern design, this home effortlessly blends luxury with comfort, providing you with an exceptional living experience. Step inside through the large steel and glass doors and be greeted by the spacious and inviting layout of this naturally bright home.Upon entry, you will immediately be impressed by the stunning built-ins placed right outside the black french doors leading to unique and creative office space that could be a forth bedroom. With its shiplapped ceilings, wood floors, picture windows and built in shelving, this room commands respect and appreciation. The gourmet kitchen is a culinary enthusiast's dream come true. Equipped with a top-of-the-line appliance package, including high-end stainless steel BOSCH appliances, you can indulge in your passion for cooking and entertain guests with ease. Whether preparing a gourmet feast or a quick breakfast, this kitchen is designed to impress. All 3 bedrooms on the upper levels are large, with walk in closets and each comes en-suite with their own bathrooms attached. One of the standout features of this property is its amazing walkability. Enjoy the convenience of being just steps away from the finest coffee shops, delectable dining options, and the vibrant energy of downtown Austin. This home truly epitomizes the best of urban living while maintaining a sense of tranquility and privacy. Experience the pinnacle of modern living with this exceptional property, where luxurious design, prime location, and convenience converge seamlessly. Don't miss this opportunity to own a piece of paradise in the heart of the Chestnut neighborhood of East Austin.

Details

Property type

Single Family Residence

Est. home value

$1,544,341

Property condition

New Construction

Lot size

3,977.03 sq ft

Price per sq ft

$497

Year built

2023

Annual property taxes

$5,924.77

Price History

07/04/2024
Austin

Austin #3916728

Pending
$1,252,317
06/20/2024
Austin

Austin #3916728

Price change
$1,252,317
-1.85%
05/26/2024
Austin

Austin #3916728

Listed
$1,275,900

Schools & Community

Neighborhood: 

Chestnut

Elementary school: 

Campbell

Middle school: 

Kealing

High school: 

McCallum

Community features: 

Park, Playground

High school district: 

Austin ISD

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Stallion Texas Real Estate Fund Llc

Loan start date

July 2022

Original loan amount

$1,145,000

Est. remaining balance

Not provided

Interest rate

5.1%

Loan type

Not Provided

Seller

Elley Investment Properties Llc

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: Pending/Under Contract

Tomo last checked: 07/07/2024 at 6:50 PM

Listing updated: 07/04/2024 at 5:38 PM

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

MLS: Austin #3916728

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