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$375,000

Beds
Unknown
sq ft
1,024

3712 N Main St, Taylor, TX 76574

3712 N Main St

Taylor, TX 76574

  • 16 days on market
2 Bedroom/1 Bath house. Zoned Commercial. Located across from Walmart and catty corner from HEB. Future use appears to be commercial redevelopment due to zoning and visibility. Highest and best use is probably retail. Currently leased to residential tenant ($1,575/mo.). Lease expires 5/31/2025. DO NOT DISTURB TENANT.Buy and hold for future commercial investment. TENANT. Call listing broker before going on the property.

Details

Property type

Est. home value

$227,292

Lot size

0.3 acres

Price per sq ft

$367

Year built

1940

Annual property taxes

$5,007.22

HOA

No

Price History

02/08/2025
Austin

Austin #6242685

Listed
$375,000

Schools & Community

Elementary school: 

TH Johnson

Middle school: 

Taylor

High school: 

Taylor

High school district: 

Taylor 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

$264,611
Asking price
$375,000
Closing costs (~8% of asking)
-$30,000
Est. remaining loan balance
-$80,389
Cash to seller
$264,611

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

Seller’s Loan History

Lender

Everett Financial Inc

Loan start date

May 2018

Original loan amount

$92,000

Est. remaining balance

$80,389

Interest rate

4.4%

Loan type

New Conventional, 30 year

Seller

Kevin Phelp

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: 02/24/2025 at 12:55 PM

Listing updated: 02/09/2025 at 8:47 AM

Listed by: Neil Stokes, Special Agent Group Phone #: (512) 633-2233

MLS: Austin #6242685

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