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$450,000

Beds
3
Baths
2.0
sq ft
1,663

240 E Colorado St, La Grange, TX 78945

240 E Colorado St

La Grange, TX 78945

  • 14 days on market
This recently renovated home boasts stylish interior finishes, custom cabinets, refinished original long-leaf pine wood floors and move-in-ready convenience only two blocks from the La Grange town square. Could be ideal as a short-term rental opportunity for an investor! An elegant and private primary suite is located upstairs. The desirable 3 bedroom/2 bathroom floor plan also hosts a spacious living room, dining room, custom kitchen and interior laundry room. Remodel completed in August 2024 includes all new plumbing, new electrical, new central heat/AC, foundation leveling, gas tankless water heater, fresh paint both interior and exterior, quartz countertops, new lighting throughout and new appliances. Roof is approximately 3 years old. Original year built date is estimated to be 1940. Square footage provided by owner. Schedule a viewing today and envision this inviting house as your home!

Details

Property type

Single Family Residence

Est. home value

$192,615

Property condition

Updated/Remodeled

Lot size

6,973.96 sq ft

Price per sq ft

$271

Year built

1940

Annual property taxes

$2,990.33

HOA

No

Price History

09/05/2024
Austin

Austin #9678548

Listed
$450,000
04/24/2023
Houston

Houston #73478848

Removed

Schools & Community

Elementary school: 

Hermes

Middle school: 

La Grange

High school: 

La Grange

High school district: 

La Grange 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

$280,609
Asking price
$450,000
Closing costs (~8% of asking)
-$36,000
Est. remaining loan balance
-$133,391
Cash to seller
$280,609

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

Seller’s Loan History

Lender

Texas Dow Employees Cu

Loan start date

February 2021

Original loan amount

$145,000

Est. remaining balance

$133,391

Interest rate

2.65%

Loan type

New Conventional, 30 year

Seller

Margaret Coolidge Stewart

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: 09/20/2024 at 1:20 AM

Listing updated: 09/06/2024 at 4:05 AM

Listed by: Karissa Kocian, Schultz Texas Properties, LLC Phone #: (979) 530-7088

MLS: Austin #9678548

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