tomo logo

$589,900

Beds
4
Baths
2.5
sq ft
2,896

340 Manchester Ln, Austin, TX 78737

340 Manchester Ln

Austin, TX 78737

  • 149 days on market
    • Price drop $5,100↓
Roof replaced in 2023, new water heater in 2022 and new HVAC in 2021. Welcome to this stunning 2-story home nestled on a spacious 1/4 acre lot in the picturesque Belterra community. This home offers the perfect blend of elegance and functionality, featuring an open floor plan, gourmet kitchen, and spacious master suite. With 4 bedrooms, 2.5 baths, and a convenient 3-car tandem garage, there's plenty of space for comfortable living. Step inside to find a welcoming living room with a cozy fireplace, perfect for relaxing evenings at home. The eat-in kitchen boasts granite countertops, ample cabinet space, and a large deep sink, while the adjacent formal dining area provides a stylish space for entertaining guests. The first-floor primary bedroom offers a peaceful retreat with a luxurious bathroom featuring a soaking tub, separate walk-in shower, and spacious walk-in closet. Upstairs, you'll find a versatile second living room or game room, along with three additional bedrooms and a full bath. Outside, the large stone back porch and firepit create an ideal setting for outdoor entertaining, with views of the hill country and no backyard neighbors for added privacy. Zoned for the highly acclaimed Dripping Springs ISD and conveniently located within walking distance to parks, duck ponds, the community pool, and gym. Explore over 15 miles of walking/jogging/biking trails throughout the neighborhood, offering endless opportunities for outdoor recreation. Welcome home to Belterra living at its finest!

Details

Property type

Single Family Residence

Est. home value

$609,013

Lot size

0.23 acres

Price per sq ft

$204

Year built

2005

Annual property taxes

$11,779

Monthly HOA fee

$46

Price History

10/01/2024
Austin

Austin #1803815

Price change
$589,900
-0.86%
09/19/2024
Austin

Austin #1803815

Price change
$595,000
-0.83%
09/07/2024
Austin

Austin #1803815

Price change
$599,999
-2.1%

Schools & Community

Elementary school: 

Rooster Springs

Middle school: 

Sycamore Springs

High school: 

Dripping Springs

Community features: 

Clubhouse, Playground, Pool

High school district: 

Dripping Springs 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

-$37,506
Asking price
$589,900
Closing costs (~8% of asking)
-$47,192
Est. remaining loan balance
-$580,214
Cash to seller
-$37,506

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 2023

Original loan amount

$587,820

Est. remaining balance

$580,214

Interest rate

6.57%

Loan type

New Conventional, 30 year

Seller

Risa Katherine Spero and Patrick Anthony Spero

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: 10/05/2024 at 10:30 PM

Listing updated: 10/01/2024 at 2:28 PM

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

MLS: Austin #1803815

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