tomo logo

$495,000

Beds
3
Baths
2.0
sq ft
1,829

2505 N Shields Dr, Austin, TX 78727

2505 N Shields Dr

Austin, TX 78727

  • 42 days on market
    • Price drop $5,000↓
Step into the modern charm of this 3-bedroom, 2-bathroom home at 2505 North Shields Drive in Austin, TX. Spanning 1829 square feet, and situated on an oversized lot, this property seamlessly blends style and comfort. As you enter, you're greeted by an open floor plan that effortlessly connects the living, dining, and kitchen areas. The living room features a stone fireplace, exposed beams on the vaulted ceiling, and ample windows viewing the expansive backyard and deck. Outside, the backyard beckons for outdoor gatherings and relaxation, promising a private retreat for unwinding or entertaining. At nearly one-third of an acre, there is ample room to add a pool, ADU, workshop, shed, or just enjoy the lush and open grounds! Situated in a prime location, this home is just moments from an array of dining, shopping, and entertainment options. Enjoy the convenience of nearby amenities such as the vibrant shops and restaurants at The Domain, the outdoor activities at Walnut Creek Metropolitan Park, and the entertainment at the nearby Alamo Drafthouse Cinema. With easy access to major transportation routes, commuting is a breeze. 2505 N Shields is located in Austin Independent School District, and just a 6 minute drive to the elementary school and less than 15 minutes to the middle and high school. Don't miss out on the opportunity to call this gem your own. Schedule a showing today and experience the allure of 2505 North Shields Drive firsthand!

Details

Property type

Single Family Residence

Est. home value

$519,385

Lot size

0.2987 acres

Price per sq ft

$271

Year built

1978

Annual property taxes

$6,070.66

Price History

06/25/2024
Austin

Austin #3020253

Price change
$495,000
-1%
05/24/2024
Austin

Austin #3020253

Listed
$500,000

Schools & Community

Elementary school: 

Summitt

Middle school: 

Murchison

High school: 

Anderson

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

$165,914
Asking price
$495,000
Closing costs (~8% of asking)
-$39,600
Est. remaining loan balance
-$289,486
Cash to seller
$165,914

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

Seller’s Loan History

Lender

Amerisave Mortgage Corp

Loan start date

November 2020

Original loan amount

$314,400

Est. remaining balance

$289,486

Interest rate

2.88%

Loan type

New Conventional, 30 year

Seller

Alyssa Michelle Peltier

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: 07/06/2024 at 2:00 AM

Listing updated: 06/25/2024 at 8:02 AM

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

MLS: Austin #3020253

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