tomo logo

$249,999

Beds
3
Baths
2.0
sq ft
1,471

501 Morningwood Dr, San Marcos, TX 78666

501 Morningwood Dr

San Marcos, TX 78666

  • 106 days on market
    • Price drop $25,000↓
This well-maintained home sits on a full acre of land, offering a perfect blend of comfort and simplicity. The property provides plenty of outdoor space for gardening or relaxation. The home itself has been lovingly cared for, ensuring a cozy and inviting atmosphere. Buyer's agent shall verify the tax rate and local schools.

Details

Property type

Manufactured Home

Est. home value

$194,299

Lot size

1.004 acres

Price per sq ft

$170

Year built

2006

Annual property taxes

$4,009

Price History

08/02/2024
Austin

Austin #7535932

Price change
$249,999
-9.09%
06/05/2024
Austin

Austin #7535932

Listed
$274,999

Schools & Community

Elementary school: 

Travis

Middle school: 

Goodnight

High school: 

San Marcos

Community features: 

None

High school district: 

San Marcos 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

$111,789
Asking price
$249,999
Closing costs (~8% of asking)
-$20,000
Est. remaining loan balance
-$118,210
Cash to seller
$111,789

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

Seller’s Loan History

Lender

United Wholesale Mortgage

Loan start date

March 2022

Original loan amount

$130,000

Est. remaining balance

$118,210

Interest rate

3.45%

Loan type

New Conventional, 20 year

Seller

Allen M Wimberly

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?

Similar Homes Nearby

Price drop
Austin
$259,900
3 bd
|
2 ba
|
1,782 sq ft
|
Manufactured

460 Morningwood Dr, San Marcos, TX 78666

Price drop
CentralTexas
$259,900
3 bd
|
2 ba
|
1,782 sq ft
|
Manufactured

460 Morningwood Dr Unit 167, San Marcos, TX 78666

Price drop
CentralTexas
$239,000
3 bd
|
2 ba
|
1,336 sq ft
|
House

1923 Castle Gate Cir, San Marcos, TX 78666

Status: Active

Tomo last checked: 09/19/2024 at 9:40 PM

Listing updated: 08/02/2024 at 10:37 AM

Listed by: Maria Aguirre, Keller Williams - Lake Travis Phone #: (512) 263-9090

MLS: Austin #7535932

Austin logo

Recently listed in San Marcos

$629,900|4 bd|3.5 ba|House
$320,990|3 bd|2.0 ba|House
$353,990|5 bd|3.5 ba|House
$350,000|3 bd|2.0 ba|House
$484,900|3 bd|2.5 ba|House
$470,197|2 bd|2.0 ba|Condo
$474,597|2 bd|2.0 ba|Condo
$309,000|3 bd|2.0 ba|House
$280,000|4 bd|2.0 ba|House