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$1,298,500

Beds
4
Baths
3.5
sq ft
2,457

2201 Willow St, Austin, TX 78702

2201 Willow St

Austin, TX 78702

  • 70 days on market
    • Price drop $26,500↓
Urban Living at Its Finest: Chic East Austin Gem with Rental Potential Discover the epitome of urban living in this East Austin gem, completely redone in 2017. Boasting an impressive 2,457 square feet of stylish living space, this residence features 4 bedrooms plus an office, and 3.5 baths. What sets this property apart is its versatile attached apartment with a separate entrance, offering lucrative short-term rental potential or a perfect retreat for guests. Features at a Glance: Spacious Primary Suite: High ceilings, walk-in closet, double sink vanity, and access to a covered enclosed porch. Outdoor Oasis: Large patio with built-in bar and ample yard space, ideal for entertaining. Flexible Living Spaces: Second-floor flex space currently set up as a yoga/pilates studio. Additional Apartment: Separate living quarters with private entrance, perfect for Airbnb or hosting guests. Situated on a FULL corner lot, this home has it all. Enjoy a stellar 94/100 walk score with top-notch dining options like Buffalina, Oseyo, and Lou's, along with Whole Foods and Target just a short walk away. The Lady Bird Lake Hike and Bike Trail is easily accessible, enhancing the active lifestyle this location offers. Highlights: Total Living Area: 2,457 sq ft Bedrooms: 4 + DETACHED office Bathrooms: 3.5 Separate Apartment: Yes, with private entrance Walk Score: 94/100 Rental Potential: No rental restrictions, perfect for short-term leases HOA: $0 Why You’ll Love It: Stylish Renovations: Modern upgrades throughout, ensuring a contemporary living experience. Prime Location: Nestled in vibrant East Austin, close to dining, shopping, and outdoor activities. Investment Opportunity: With no rental restrictions, maximize your investment potential with short-term rentals. Seize the opportunity to own this exceptional find in the heart of East Austin, where urban sophistication meets rental potential. This property is a true gem, ready to offer an AMAZING lifestyle.

Details

Property type

Single Family Residence

Est. home value

$1,539,705

Lot size

6,860.7 sq ft

Price per sq ft

$529

Year built

1912

Annual property taxes

$14,616.25

Price History

06/19/2024
Austin

Austin #5768967

Price change
$1,298,500
-2%
06/06/2024
Austin

Austin #5768967

Price change
$1,325,000
-7.02%
05/29/2024
Austin

Austin #5768967

Price change
$1,425,000
-3.39%

Schools & Community

Neighborhood: 

Holly

Elementary school: 

Sanchez

Middle school: 

Martin

High school: 

Eastside Early College

Community features: 

Curbs, Park, Pool

High school district: 

Austin 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

$651,532
Asking price
$1,298,500
Closing costs (~8% of asking)
-$103,880
Est. remaining loan balance
-$543,088
Cash to seller
$651,532

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

Seller’s Loan History

Lender

Loanpeople Llc

Loan start date

April 2021

Original loan amount

$584,192

Est. remaining balance

$543,088

Interest rate

2.81%

Loan type

New Conventional, 30 year

Seller

Todd Bailey and Afton Carraway

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: 07/02/2024 at 5:55 PM

Listing updated: 06/19/2024 at 8:53 AM

Listed by: Todd Bailey, eXp Realty, LLC Phone #: (888) 519-7431

MLS: Austin #5768967

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