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$425,000

Beds
3
Baths
2.0
sq ft
1,400

300 Coventry Rd, Spicewood, TX 78669

300 Coventry Rd

Spicewood, TX 78669

  • 87 days on market
    • Price drop $25,000↓
**STR Opportunity.** Owner financing/Assumable Loan Option. Welcome to this delightful 3/2 home in the sought-after Windermere community in Spicewood. Whether you're looking for a peaceful retreat or a short-term rental opportunity, this charming one-story home delivers both. Located in a gated community, this property offers access to exclusive amenities like pickleball/tennis courts, refreshing pools, and a full calendar of fun community events. With low taxes and a prime location, it's perfect for those seeking to enjoy the best of lake life, whether as a full-time resident or a vacation host. Windermere provides the ideal balance of tranquility and recreational activities for all lifestyles. Don’t miss the chance to own a slice of serenity in this vibrant lake community!

Details

Property type

Single Family Residence

Est. home value

$389,828

Lot size

7,274.52 sq ft

Price per sq ft

$304

Year built

1997

Annual property taxes

$3,511.41

Monthly HOA fee

$50

Price History

12/11/2024
Austin

Austin #3494418

Price change
$425,000
-5.56%
09/26/2024
Austin

Austin #3494418

Listed
$450,000

Schools & Community

Elementary school: 

Spicewood (Marble Falls ISD)

Middle school: 

Marble Falls

High school: 

Marble Falls

Community features: 

Fishing, Gated, Lake, Park, Pool, Tennis Court(s)

High school district: 

Marble Falls 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

$20,699
Asking price
$425,000
Closing costs (~8% of asking)
-$34,000
Est. remaining loan balance
-$370,301
Cash to seller
$20,699

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

Seller’s Loan History

Lender

Fairway Independent Mortgage Corp

Loan start date

February 2022

Original loan amount

$392,656

Est. remaining balance

$370,301

Interest rate

3.22%

Loan type

FHA, 30 year

Seller

Christopher Michael Jones and Jenny Elaine Taunton

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: 12/22/2024 at 11:30 PM

Listing updated: 12/13/2024 at 10:14 AM

Listed by: Stacey Deville, Townes LLC Phone #: (512) 650-6364

MLS: Austin #3494418

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