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$347,000

Beds
2
Baths
1.5
sq ft
992

3810 Southway Dr Unit 104, Austin, TX 78704

3810 Southway Dr Unit 104

Austin, TX 78704

  • 6 days on market
Great opportunity to own an investment property so close to downtown Austin. The Southway Condominiums have been renovated with high-end finishes, including quartz countertops, stainless steel appliances, designer tile, vinyl plank flooring, electrical, plumbing, roof, HVAC and more. Just minutes from South Lamar, Zilker Park, Barton Springs and SoCo, this turnkey condo has been used as a STR and vacation retreat. With 2 bedrooms, 1.5 bathrooms, open floor plan, stacking washer / dryer and a private fenced yard for entertainment or your furry family member, this is a perfect retreat in the heart of Austin while relaxing in a peaceful setting. There are no restrictions on short-term rentals and with a low HOA that covers the common area, water, sewer and trash, it's a perfect lock and leave.

Details

Property type

Condominium

Est. home value

$421,806

Lot size

1,999.4 sq ft

Price per sq ft

$350

Year built

1971

Annual property taxes

$7,289.31

Monthly HOA fee

$225

Price History

06/28/2024
Austin

Austin #5287221

Listed
$347,000
06/17/2024
Austin

Austin #1677250

Removed
06/07/2024
Austin

Austin #1677250

Price change
$347,000
-0.57%

Schools & Community

Neighborhood: 

South Lamar

Elementary school: 

Galindo

Middle school: 

Lively

High school: 

Travis

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

$58,387
Asking price
$347,000
Closing costs (~8% of asking)
-$27,760
Est. remaining loan balance
-$260,853
Cash to seller
$58,387

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

Seller’s Loan History

Lender

Bancorpsouth Bank

Loan start date

December 2020

Original loan amount

$283,000

Est. remaining balance

$260,853

Interest rate

2.8%

Loan type

New Conventional, 30 year

Seller

Shawn Gessay

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: 07/04/2024 at 11:20 PM

Listing updated: 06/29/2024 at 4:06 AM

Listed by: Shannon James, Keller Williams Realty Phone #: (512) 448-4111

MLS: Austin #5287221

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