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$419,000

Beds
2
Baths
1.0
sq ft
720

5015 Heflin Ln, Austin, TX 78721

5015 Heflin Ln

Austin, TX 78721

  • 9 days on market
Tastefully updated bungalow operating as a furnished rental. Ideal for a turn-key rental property or a starter home, willing to convey all furnishings if the buyer wishes. Offering Seller Financing at 5.5% to qualified buyers! Message agent for details. The home has recently installed central HVAC and new attic insulation. The front yard is xeriscaped with native plants and drip irrigation for low-maintenance, and the backyard is beautifully landscaped with St Augustine grass and a sprinkler system. The backyard has a custom-built covered deck/stage space ideal for hosting outdoor concerts and events. Insulated 160 sq ft shipping container shed has power and lighting, and is ready to be converted to a studio space or additional rental unit. An 8 ft stock tank pool provides the opportunity to cool off in a shaded corner of the yard. Large gravel driveway extends to backyard with RV electric hookup, creating opportunity for additional rental income. The property is easily accessible to Mueller, and conveniently located near 183 for easy access to other parts of town. Protected bike lanes on Springdale Rd and Webberville Rd offer connections to the rest of the city's bike infrastructure, and there is a bus stop just down the street from the house for easy transit access. Owner/Agent. All information and restrictions to be verified by buyer.

Details

Property type

Single Family Residence

Est. home value

$376,747

Property condition

Updated/Remodeled

Lot size

6,011.28 sq ft

Price per sq ft

$582

Year built

1968

Annual property taxes

$4,256.55

HOA

No

Price History

09/13/2024
Austin

Austin #3080862

Listed
$419,000

Schools & Community

Neighborhood: 

MLK 183

Elementary school: 

Norman-Sims

Middle school: 

Martin

High school: 

Northeast Early College

Community features: 

None

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

$76,147
Asking price
$419,000
Closing costs (~8% of asking)
-$33,520
Est. remaining loan balance
-$309,333
Cash to seller
$76,147

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

Seller’s Loan History

Lender

Lnderlab Inc

Loan start date

December 2021

Original loan amount

$328,421

Est. remaining balance

$309,333

Interest rate

3.09%

Loan type

New Conventional, 30 year

Seller

Jacob Ellis Warren and Katherine Layne Bomar

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: 09/23/2024 at 6:25 AM

Listing updated: 09/16/2024 at 6:10 AM

Listed by: Jake Warren, Open House Austin Group LLC Phone #: (512) 222-9050

MLS: Austin #3080862

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