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$275,000

Beds
2
Baths
1.0
sq ft
938

2500 Steck Ave Unit 38, Austin, TX 78757

2500 Steck Ave Unit 38

Austin, TX 78757

  • Pending
This isn't your average condo listing, but a diamond in the rough priced way below market value! Priced nearly $100k under what the tax man says it's worth, this 2-bedroom, 1-bathroom condo is perfect for those who want to live in the heart of Austin without breaking the bank. Calling all DIY enthusiasts! The condo is freshly painted and has brand-new stainless-steel appliances, but the cabinets and counters are ready for your personal touch. Put your sweat equity to work and create your dream space at an incredible price. Here's what you get: • Spacious 2-bedroom, 1-bathroom condo in a vibrant Central Austin location • Low condo fees in a relaxed community • Your own parking space + guest parking • Two pools, BBQ area, and multiple courtyards Perfect for young professionals or anyone who wants to live close to the action in Austin. Message me if you're interested in a showing! Serious inquiries only!

Details

Property type

Condominium

Est. home value

$340,194

Lot size

1,964.56 sq ft

Price per sq ft

$294

Year built

1986

Annual property taxes

$6,946.48

Monthly HOA fee

$325

Price History

07/05/2024
Austin

Austin #3021157

Pending
$275,000
04/25/2024
Austin

Austin #3021157

Listed
$275,000

Schools & Community

Neighborhood: 

North Shoal Creek

Elementary school: 

Pillow

Middle school: 

Burnet (Austin ISD)

High school: 

Anderson

Community features: 

Curbs, Gated, 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

$194,463
Asking price
$275,000
Closing costs (~8% of asking)
-$22,000
Est. remaining loan balance
-$58,537
Cash to seller
$194,463

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

Seller’s Loan History

Lender

Bank America Fsb

Loan start date

June 2011

Original loan amount

$80,000

Est. remaining balance

$58,537

Interest rate

4.91%

Loan type

New Conventional, 30 year

Seller

Phil R Whalen and Rex V Ordiales

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 5:40 PM

Listing updated: 07/05/2024 at 4:31 PM

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

MLS: Austin #3021157

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