tomo logo

$450,000

Beds
3
Baths
2.0
sq ft
1,696

401 N River Oaks Dr, Burnet, TX 78611

401 N River Oaks Dr

Burnet, TX 78611

  • 42 days on market
Home has been recently updated which includes HVAC (2023), all new appliances (2023), new light fixtures and plumbing fixtures, garage doors and openers (2023), paint, stained concrete floors, window blinds, and granite kitchen counter tops. The home can be purchased furnished and would make a great short term rental. The home has access to the lake via a gated park and boat ramp.

Details

Property type

Single Family Residence

Est. home value

$251,850

Lot size

0.421 acres

Price per sq ft

$266

Year built

1997

Annual property taxes

$4,156.46

Monthly HOA fee

$2.5

Price History

10/10/2024
Austin

Austin #5775502

Listed
$450,000

Schools & Community

Elementary school: 

Burnet

Middle school: 

Burnet (Burnet ISD)

High school: 

Burnet

Community features: 

Fishing, Lake

High school district: 

Burnet 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

$230,315
Asking price
$450,000
Closing costs (~8% of asking)
-$36,000
Est. remaining loan balance
-$183,685
Cash to seller
$230,315

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

Seller’s Loan History

Lender

Thrive Mortgage Llc

Loan start date

February 2023

Original loan amount

$187,500

Est. remaining balance

$183,685

Interest rate

6.42%

Loan type

New Conventional, 30 year

Seller

Miguel V Garcia and Jenny Leigh Garcia

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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131 Fox Cir, Burnet, TX 78611

Status: Active

Tomo last checked: 11/22/2024 at 2:20 AM

Listing updated: 10/11/2024 at 4:05 AM

Listed by: Jenny Garcia, Adelfo Capital Group, Inc. Phone #: (917) 886-4341

MLS: Austin #5775502

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