tomo logo

$850,000

Beds
5
Baths
4.0
sq ft
2,153

3506 Pennsylvania Ave Unit 1, Austin, TX 78721

3506 Pennsylvania Ave Unit 1

Austin, TX 78721

  • 10 days on market
Welcome to vibrant East Austin, where convenience meets charm in the heart of one of the city’s most coveted neighborhoods with a low tax rate of 1.8%!! Located just minutes from all things in downtown Austin and in the heart of East Austin which is thriving. A quick proximity to all the best retail shopping, a Whole Foods and Target as well as tons of new options for nightlife, daytime events, bars, breweries and restaurants. Just minutes away from Southwest Greenway in the highly sought after Mueller Tower District with trails, gardens, parks and a nice escape to nature in the midst of the city. Also, just minutes to the Morris Williams Golf Course where you can Enjoy views of the Austin skyline as you play the recently renovated course or relax in a rocking chair on the porch overlooking the entire course. The home includes a detached 1 BR, 1 BA guest house—ideal for use as an office, creative studio, or even a short-term rental for added income. Nestled on a street lined with new, stunning homes, this residence offers both modern elegance and a welcoming atmosphere. This home has 4 BR, 3 BA, complemented by a versatile bonus room perfect for a home office, gym, playroom, or additional living space. The expansive open floor plan invites you to entertain and relax with ease, featuring a seamless flow between the living, dining, and kitchen areas. With a 1-car garage, a generous backyard with ample space for a cowboy pool, and a location that’s just 12 minutes from the airport. Embrace the best of East Austin living in a home that combines contemporary comfort with unparalleled convenience.

Details

Property type

Single Family Residence

Est. home value

$807,637

Lot size

8,799.12 sq ft

Price per sq ft

$395

Year built

2021

Annual property taxes

$15,595

HOA

No

Price History

09/09/2024
Austin

Austin #7636582

Listed
$850,000

Schools & Community

Neighborhood: 

MLK

Elementary school: 

Sims

Middle school: 

Garcia

High school: 

Northeast Early College

Community features: 

None

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

$165,279
Asking price
$850,000
Closing costs (~8% of asking)
-$68,000
Est. remaining loan balance
-$616,721
Cash to seller
$165,279

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

Seller’s Loan History

Lender

First United Bank & Trust Co

Loan start date

August 2021

Original loan amount

$660,000

Est. remaining balance

$616,721

Interest rate

2.9%

Loan type

New Conventional, 30 year

Seller

Jeffrey A Bowlsby

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: 09/20/2024 at 3:35 AM

Listing updated: 09/11/2024 at 11:24 AM

Listed by: Todd Burgener, Douglas Elliman Real Estate Phone #: (512) 866-3795

MLS: Austin #7636582

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