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$469,000

Beds
2
Baths
1.0
sq ft
951

507 Sabine St Unit 408, Austin, TX 78701

507 Sabine St Unit 408

Austin, TX 78701

  • 946 days on market
    • Price drop $20,000↓
East facing, two bedroom condo with high ceilings and large windows overlooking Downtown Austin. Located right off of Waller Creek and walking distance Town Lake Hike and Bike Trails, Rainey St, Plaza Saltillo with recently completed Whole Foods and Target, Sixth St, and much more. The Waterloo Greenway, a 35-acre connected park system along Waller Creek within walking distance. ***Tenant works from home. Showings are possible on T/W/TH after 5pm.***

Details

Property type

Condominium

Est. home value

$534,195

Lot size

130.68 sq ft

Price per sq ft

$494

Year built

2007

Annual property taxes

$8,905.34

Monthly HOA fee

$497

Price History

03/28/2024
Austin

Austin #8288824

Removed
02/23/2024
Austin

Austin #8288824

Listed
$469,000
03/04/2022
Austin

Austin #8288824

Listed
$469,000

Schools & Community

Neighborhood: 

Downtown

Elementary school: 

Mathews

Middle school: 

O Henry

High school: 

Austin

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

$129,859
Asking price
$469,000
Closing costs (~8% of asking)
-$37,520
Est. remaining loan balance
-$301,621
Cash to seller
$129,859

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

July 2021

Original loan amount

$323,738

Est. remaining balance

$301,621

Interest rate

3%

Loan type

New Conventional, 30 year

Seller

Michael Fedyna

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?

Status: Active

Tomo last checked: 10/05/2024 at 8:45 PM

Listing updated: 03/27/2024 at 10:40 PM

Listed by: Tanner Fyfe, Keller Williams Woodlands Phone #: (281) 364-1588

MLS: Austin #8288824

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