tomo logo

$614,999

Beds
3
Baths
2.5
sq ft
2,040

503 E 2nd St, Elgin, TX 78621

503 E 2nd St

Elgin, TX 78621

  • 27 days on market
This beautiful 3 bed, 2.5 bath one-story home with 2.5 car garage is truly a hidden gem you won’t want to miss! Situated on a spacious lot with no HOA, it combines the best of small-town charm with modern convenience—giving you the peaceful feel of the country right in the heart of the city. As you step through the front door, you’ll be welcomed by an open, airy floor plan that’s perfect for gatherings with friends and family. The kitchen is a culinary dream, equipped with abundant cabinet space, sleek stainless-steel appliances, and a center island that’s both functional and stylish. After a long day, retreat to the primary suite, complete with dual vanities, a luxurious soaking tub, a separate shower, and a large walk-in closet. Step outside to a large covered back patio, perfect for al fresco dining or hosting a backyard barbecue. The spacious backyard offers plenty of room for outdoor entertaining or for your pets to roam freely. Plus, the location couldn’t be more perfect. Downtown Elgin’s delightful eateries and one-of-a-kind boutiques are just a leisurely half-mile stroll away, offering a taste of local charm you won’t find anywhere else. Only a mile from the home, Elgin Memorial Park offers sports courts, walking trails, playgrounds, and picnic areas, plus it’s the vibrant hub for beloved community events like Sip Shop and stroll, Hogeye Festival, the Annual Western Days Festival, Firemen’s Bar-B-Q Cook-Off, and Market Days. Don’t miss out on this incredible opportunity—schedule a showing today and make this beautiful home yours!

Details

Property type

Single Family Residence

Lot size

0.43 acres

Price per sq ft

$302

Year built

2021

Annual property taxes

$12,655.87

HOA

No

Price History

10/18/2024
Austin

Austin #3580377

Listed
$614,999
10/07/2024
Austin

Austin #7921111

Removed
07/20/2024
Austin

Austin #7921111

Price change
$625,000
-3.85%

Schools & Community

Elementary school: 

Neidig

Middle school: 

Elgin

High school: 

Elgin

Community features: 

None

High school district: 

Elgin 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

$296,276
Asking price
$614,999
Closing costs (~8% of asking)
-$49,200
Est. remaining loan balance
-$269,523
Cash to seller
$296,276

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

June 2022

Original loan amount

$279,000

Est. remaining balance

$269,523

Interest rate

5.27%

Loan type

New Conventional, 30 year

Seller

Pauletie K Kiernan

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: 11/14/2024 at 11:00 AM

Listing updated: 10/22/2024 at 9:56 AM

Listed by: Kelly Koenning, Jeanette Shelby, Realtors Phone #: (512) 281-3412

MLS: Austin #3580377

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