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$650,000

Beds
3
Baths
2.0
sq ft
1,722

304 E 7th St, Georgetown, TX 78626

304 E 7th St

Georgetown, TX 78626

  • 118 days on market
RARE OPPORTUNITY! If you wanted to live closer to the Courthouse Square in Georgetown, you'd have to be in commercial property! Just one and a half blocks from the square's famous restaurants, coffee shops, and vibrant city center, this bungalow is ready for simple living or for AirBNB opportunities. It's a 3/2 layout that includes a 2nd living area AND a fully fenced yard for pets...wood floors, nice kitchen updates, and all the lifestyle you've dreamed about living in Old Town Georgetown. It's even walking distance to Georgetown's nationally award winning park system and Hike and Bike Trails. If you wanted to be closer to the square, you'd have to live in a commercial property!

Details

Property type

Single Family Residence

Est. home value

$581,759

Lot size

6,970 sq ft

Price per sq ft

$378

Year built

1930

Annual property taxes

$9,464

HOA

No

Price History

07/11/2024
CentralTexas

CentralTexas #550381

Listed
$650,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Sidewalks

High school district: 

Georgetown 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

$325,745
Asking price
$650,000
Closing costs (~8% of asking)
-$52,000
Est. remaining loan balance
-$272,255
Cash to seller
$325,745

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

Seller’s Loan History

Lender

Cmg Mortgage Inc

Loan start date

July 2020

Original loan amount

$359,920

Est. remaining balance

$272,255

Interest rate

2.7%

Loan type

New Conventional, 15 year

Seller

Adam Martin and Deborah Carla Lynn

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: 11/05/2024 at 7:35 PM

Listing updated: 10/03/2024 at 2:59 PM

Listed by: Russell Phillips, Keller Williams Realty Lone St Phone #: (512) 868-1771

MLS: CentralTexas #550381

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