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$899,999

Beds
3
Baths
2.0
sq ft
1,698

2915 E 16th St, Austin, TX 78702

2915 E 16th St

Austin, TX 78702

  • <1 day on market
Charm and character in central East Austin: this is not your average blank-slate new build! This highly customized, eclectic home offers an open floor plan, renovated kitchen and bathrooms, and myriad other updates only 10 minutes from downtown and walking distance to Austin's hottest restaurants. Privacy is key with an ample front yard secured within an electric gate and features well-tended landscaping including crepe myrtles and mature rose bushes. The living room features custom bookshelves, a soaring ceiling, and an abundance of natural light. The large kitchen was renovated in 2024 and includes stunning quartz countertops, waterfall island with seating, double oven, coffee bar with beverage fridge, and new Café french door refrigerator. Large walk-in butler’s pantry includes ample storage and washer/dryer connections. Primary bedroom includes ensuite bathroom with double closet, double sink, garden tub, and walk-in shower, which were renovated in 2021. Living room, kitchen, and primary bedroom open onto lovely shaded Trex deck which was installed in 2022 and perfect for indoor/outdoor entertaining. Other updates include a new roof in 2023, and new 3-ton Carrier AC installed in 2024 along with extensive ductwork and insulation upgrades. The land across the street will be preserved as a public green space and connects to the Boggy Creek Greenbelt, larger community garden, and the MLK train station - one stop from Plaza Saltillo and two stops from downtown.

Details

Property type

Single Family Residence

Est. home value

$886,650

Lot size

6,185.52 sq ft

Price per sq ft

$531

Year built

2013

Annual property taxes

$9,940

HOA

No

Price History

11/14/2024
Austin

Austin #5495501

Listed
$899,999

Schools & Community

Neighborhood: 

Rosewood

Elementary school: 

Campbell

Middle school: 

Kealing

High school: 

McCallum

Community features: 

Curbs, Park

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

$375,291
Asking price
$899,999
Closing costs (~8% of asking)
-$72,000
Est. remaining loan balance
-$452,708
Cash to seller
$375,291

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

Seller’s Loan History

Lender

Wells Fargo Bank Na

Loan start date

July 2019

Original loan amount

$503,944

Est. remaining balance

$452,708

Interest rate

4.06%

Loan type

New Conventional, 30 year

Seller

Thomas Aaron Davidson and Elizabeth Moore

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?

Status: Active

Tomo last checked: 11/14/2024 at 7:55 PM

Listing updated: 11/14/2024 at 4:05 PM

Listed by: Savannah Covert, 6th Ave Homes Phone #: (817) 631-9803

MLS: Austin #5495501

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