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$259,700

Beds
3
Baths
1.0
sq ft
1,126

502 Bay St, Austwell, TX 77950

502 Bay St

Austwell, TX 77950

  • 29 days on market
Don't miss the opportunity to purchase this beautiful house with a view of the Bay. Sit on your front porch and enjoy the Gulf breezes. In the morning have your coffee as you watch the sunrise over the bay. Launch your boat from the public boat ramp located only two blocks from the house. Enjoy the sandy beach and covered picnic tables. Plans are in place for a public fishing pier. 3 bedrooms, 1 bathroom, detached (20 X 30) garage for car or boat with 1 roll up door that is 10 ft wide by 8 ft tall. This home was totally gutted and remodeled, new plumbing, new insulation - under the house insulated with spray foam insulation. New hurricane impact windows, metal roof house and garage, new water softener and dechlorinated-Reverse osmosis system. This home has been raised and pilings installed in 2019. (3ft deep with 3ft X3ft footing). New Water heater 8 X16 front porch with view of Hines Bay . 12 X 22 screened on the back porch.

Details

Property type

Single Family Residence

Est. home value

$222,871

Lot size

0.32 acres

Price per sq ft

$231

Year built

1960

Annual property taxes

$2,853

Price History

10/25/2024
Houston

Houston #14979711

Listed
$259,700
09/03/2024
Houston

Houston #7176031

Removed
08/06/2024
Houston

Houston #7176031

Listed
$265,000

Schools & Community

Elementary school: 

AUSTWELL-TIVOLI ELEMENTARY SCHOOL

Middle school: 

AUSTWELL-TIVOLI HIGH SCHOOL

High school: 

AUSTWELL-TIVOLI HIGH SCHOOL

School district: 

Austwell-Tivoli

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

$33,073
Asking price
$259,700
Closing costs (~8% of asking)
-$20,776
Est. remaining loan balance
-$205,851
Cash to seller
$33,073

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

Seller’s Loan History

Lender

Guild Mortgage Co

Loan start date

May 2022

Original loan amount

$213,750

Est. remaining balance

$205,851

Interest rate

5%

Loan type

New Conventional, 30 year

Seller

Mabel Vocal and Ernest Holden

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: 11/23/2024 at 10:20 PM

Listing updated: 10/26/2024 at 4:08 AM

Listed by: Mimi Valencia, Walzel Properties - Corporate Office Phone #: (832) 674-4960

MLS: Houston #14979711

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