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$2,000,000

Beds
4
Baths
3.5
sq ft
1,943

2203 Lindell Ave, Austin, TX 78704

2203 Lindell Ave

Austin, TX 78704

  • 193 days on market
Located at the corner of South Congress Avenue and West Live Oak Street (Barrett Street), the location can’t be beat with an incredible Walk Score of 92, a true “Walker’s Paradise”. On nearly one-third of an acre, the existing residence constructed in 2006 offers three bedrooms, two- and one-half baths, office, dining room, living room, a sizable studio loft above the garage, and is complete with a wraparound porch on two sides. Live in the main house and use the studio loft with its own entrance as a private guest quarter or use it for short term rentals right on South Congress (pending permitting). If you’re looking for development opportunities, we have obtained a feasibility report (available upon request) showing the potential to build one duplex, a single-family residence, and an auxiliary dwelling unit. Whether you live in the current residence or develop the lot to its full potential, this property offers a ton of opportunity!

Details

Property type

Single Family Residence

Est. home value

$1,576,949

Lot size

0.295 acres

Price per sq ft

$1,030

Year built

2006

Annual property taxes

$17,201.47

HOA

No

Price History

04/29/2024
Austin

Austin #6432767

Listed
$2,000,000

Schools & Community

Neighborhood: 

Bouldin

Elementary school: 

Travis Hts

Middle school: 

Lively

High school: 

Travis

Community features: 

None

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

$1,604,842
Asking price
$2,000,000
Closing costs (~8% of asking)
-$160,000
Est. remaining loan balance
-$235,158
Cash to seller
$1,604,842

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

Seller’s Loan History

Lender

Home Financing Unlimited Inc

Loan start date

February 2012

Original loan amount

$330,000

Est. remaining balance

$235,158

Interest rate

3.91%

Loan type

New Conventional, 30 year

Seller

Sterling Price Tadlock and Sterling Price Tadlock Ii

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: 11/08/2024 at 12:55 PM

Listing updated: 09/03/2024 at 2:16 PM

Listed by: Chad Mahagan, Moreland Properties Phone #: (512) 480-0848

MLS: Austin #6432767

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