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$625,000

Beds
3
Baths
2.5
sq ft
2,040

503 E 2nd St, Elgin, TX 78621

503 E 2nd St

Elgin, TX 78621

  • 97 days on market
    • Price drop $25,000↓
This home is a Beauty! Located down town Elgin only 2 years old, just like new. Nice curb appeal, spacious back yard with covered patio. Spacious garage with storage room. Bring your offers! This Home will not last long.

Details

Property type

Single Family Residence

Lot size

0.43 acres

Price per sq ft

$307

Year built

2021

Annual property taxes

$12,655.87

Price History

07/20/2024
Austin

Austin #7921111

Price change
$625,000
-3.85%
06/15/2024
Austin

Austin #7921111

Listed
$650,000

Schools & Community

Elementary school: 

Neidig

Middle school: 

Elgin

High school: 

Elgin

Community features: 

Airport/Runway, Clubhouse, Park, Playground, Restaurant

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

$304,761
Asking price
$625,000
Closing costs (~8% of asking)
-$50,000
Est. remaining loan balance
-$270,239
Cash to seller
$304,761

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

$270,239

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: 09/20/2024 at 1:30 AM

Listing updated: 07/20/2024 at 12:19 PM

Listed by: Lisa Joseph, IREAF, LLC Phone #: (512) 241-1707

MLS: Austin #7921111

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