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$1,250,000

Beds
3
Baths
3.0
sq ft
4,678

277 Lawman Trl, Bertram, TX 78605

277 Lawman Trl

Bertram, TX 78605

  • 335 days on market
    • Price drop $149,000↓
Located ~6 miles west of Bertram and ~7 miles east of Burnet, this 25.23 acre property is conveniently located about a mile south off SH 29. Positioned at the deadend of Lawman Trail, this location provides seclusion from road/city noise, yet close enough to any necessities. With no known restrictions, you also have the opportunity to fish or duck hunt the stock tank or deer/pig hunt the conveying blind and feeder. As you travel to the end of the maintained gravel road of Lawman Trail, you enter through the motorized front gate and approach the main residence. You are greeted by the stone/stucco exterior and covered front porch. There are oversized showers that are considered handicap accessible along with 48” sidewalks around the perimeter of the house. A beautiful climate controlled sunroom is located at the back of the residence with windows allowing for a panoramic view of the backyard. Linking the main residence to the shop/guest suite, is a 2-car carport complete with LED lighting. The carport is plumbed for an outdoor kitchen with hot/cold/gray water available. This space also has entrances to the main house as well as the shop/guest suite. Located inside the metal shop, the 1,500 sq ft guest suite has two entrances (one via the carport and one via the shop). This is a 2bed 2bath apartment style suite with walk-in closets and storage. It also has a living and kitchen area with a washer/dryer hookup. It is in fair condition and needs some cleanup/touch up work. This impressive 2,500 sq ft shop building is complete with a 14,000 lb mechanic lift, air compressor and spray-in foam insulated roll doors. It boasts 3 roll doors - one 10x10 door (front) and two 14x16 doors (one in front and back). The far right shop bay can fit a 45’ RV 220V power and has 30 and 50 amp hookups with water and waste-dump. Also in the shop area, there is a half bath that could be remodeled into a full bath and is plumbed for a shower.

Details

Property type

Single Family Residence

Est. home value

$1,578,694

Lot size

25.23 acres

Price per sq ft

$268

Year built

2017

HOA

No

Price History

07/12/2024
CentralTexas

CentralTexas #524401

Price change
$1,250,000
-10.65%
04/22/2024
CentralTexas

CentralTexas #524401

Price change
$1,399,000
-6.67%
10/20/2023
CentralTexas

CentralTexas #524401

Listed
$1,499,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

None

High school district: 

Burnet Consolidated 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

$686,150
Asking price
$1,250,000
Closing costs (~8% of asking)
-$100,000
Est. remaining loan balance
-$463,850
Cash to seller
$686,150

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

Seller’s Loan History

Lender

Everett Financial Inc

Loan start date

January 2020

Original loan amount

$510,400

Est. remaining balance

$463,850

Interest rate

3.68%

Loan type

New Conventional, 30 year

Seller

Kevin Elias and Rebecca R Elias

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: 09/19/2024 at 12:05 PM

Listing updated: 07/12/2024 at 5:53 AM

Listed by: Charles Armstrong, Capital Ranch Sales, LLC Phone #: (830) 387-4076

MLS: CentralTexas #524401

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