tomo logo

$675,000

Beds
4
Baths
3.0
sq ft
2,289

261 High Grove Rd, Cedar Creek, TX 78612

261 High Grove Rd

Cedar Creek, TX 78612

  • 17 days on market
Experience privacy, tranquility, and luxury in this 5-acre paradise. The spacious open floor plan of the main house features 4 bedrooms and 3 bathrooms adorned with modern fixtures, quartz countertops, and luxury vinyl flooring. In addition to the main house, there is one tiny home and one flex space providing an additional 800 sq ft of living space, including 2 bedrooms, 1 bathroom, a kitchen, and loft space—ideal for guests or rental income. Outdoors, you'll enjoy a deck with a cowboy pool, along with ample land to explore and connect with nature. The property boasts a lush pasture, chicken coop, horse stables, and a horse corral and is fully fenced with an electric gated entrance for added peace of mind. Over $200,000 in updates have been made. In May, 2024, the owners replaced the grinder pump for the septic system and in June, 2024 a new HVAC system was installed. The following updates were completed in July, 2024: installed waterline for the kitchen refrigerator, installed a sliding glass door, replaced railing on the front porch, updated landscaping in front of the house and around the septic area, skirted the tiny homes, finished waterline installation to the tiny homes, extended the road to the smaller tiny home with added rock, finished trim and painted the tiny homes, installed pocket doors and trim in the larger tiny home, and painted the trim and walls in the main house. Additionally, Anderson Windows with a transferable warranty were installed in mid-August. Whether you're seeking a full-time residence or a weekend getaway, this property offers the perfect blend of modern living and country comfort, far removed from the hustle and bustle of city life. It’s located just south of Bastrop, approx. 30 minutes to Austin Bergstrom International Airport, 30 minutes to the Tesla Gigafactory, 20 min to the Formula 1 Race Track, 20 minutes to Bastrop State Park, and 40 minutes to Downtown Austin. Refer to the virtual tour for more photos.

Details

Property type

Single Family Residence

Est. home value

$636,347

Property condition

Updated/Remodeled

Lot size

5.066 acres

Price per sq ft

$295

Year built

1995

Annual property taxes

$9,799.86

HOA

No

Price History

08/29/2024
Austin

Austin #2086994

Listed
$675,000
07/16/2024
Austin

Austin #5637967

Removed
06/05/2024
Austin

Austin #5637967

Price change
$698,999
-0.14%

Schools & Community

Elementary school: 

Cedar Creek

Middle school: 

Cedar Creek

High school: 

Cedar Creek

Community features: 

None

High school district: 

Bastrop 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

$27,434
Asking price
$675,000
Closing costs (~8% of asking)
-$54,000
Est. remaining loan balance
-$593,566
Cash to seller
$27,434

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

Seller’s Loan History

Lender

On Q Financial Inc

Loan start date

April 2023

Original loan amount

$603,250

Est. remaining balance

$593,566

Interest rate

6.5%

Loan type

New Conventional, 30 year

Seller

Brieana Noel and Dillon Clift

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: 09/16/2024 at 2:20 PM

Listing updated: 08/30/2024 at 2:13 PM

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

MLS: Austin #2086994

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