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$1,385,000

Beds
5
Baths
4.5
sq ft
3,502

409 E Monroe St, Austin, TX 78704

409 E Monroe St

Austin, TX 78704

  • 162 days on market
    • Price drop $80,000↓
Located on a coveted corner lot, 409 E Monroe is perfectly equidistant between Stacy Park/greenbelt and vibrant South Congress Avenue. Key features of city-approved plans include: - Deep, sweeping covered porches perfect for leisurely afternoons. - A sparkling pool offering a refreshing escape in your own backyard oasis. - A charming guest apartment, ideal for hosting friends or generating rental income. - Parking aplenty along quiet Newning Avenue This property is more than just a home; it's a statement of character, style and saving a neighborhood jewel. Don't miss your chance to own a piece of Travis Heights history with a modern twist. Embrace the city approved plans for the four-bedroom beauty, and collaborate if desired to help choose interior selections. Revel in the addition of a new garage, swimming pool, and detached guest apartment. Buy the lot next door at 407, or partner with owners to create two or more new residences where there have been none – true smart urban infill. Contact us today to schedule a private tour to discuss this rare opportunity.

Details

Property type

Single Family Residence

Est. home value

$1,990,700

Lot size

6,969.6 sq ft

Price per sq ft

$396

Year built

1906

Annual property taxes

$14,474

HOA

No

Price History

10/22/2024
Austin

Austin #6748289

Price change
$1,385,000
-5.46%
09/27/2024
Austin

Austin #6748289

Listed
$1,465,000
09/05/2024
Austin

Austin #6748289

Removed

Schools & Community

Neighborhood: 

South River City

Elementary school: 

Travis Hts

Middle school: 

Lively

High school: 

Travis

Community features: 

None

High school district: 

Austin ISD

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

American Bank Of Commerce

Loan start date

March 2022

Original loan amount

$952,500

Est. remaining balance

Not provided

Interest rate

3.56%

Loan type

Purchase Money Mortgage, 2 year

Seller

Possum Trot Holdings Llc

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: 11/22/2024 at 9:25 PM

Listing updated: 10/23/2024 at 9:32 AM

Listed by: Clayton Bullock, Moreland Properties Phone #: (512) 480-0848

MLS: Austin #6748289

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