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$695,000

Beds
4
Baths
3.5
sq ft
3,539

510 Drakes Cv, Lockhart, TX 78644

510 Drakes Cv

Lockhart, TX 78644

  • 79 days on market
    • Price drop $4,000↓
This magnificent home offers and abundance of space with comfortable living. Private, resort like backyard with mature trees, pool, spa, and cabana with restroom and front and backyard sprinkler system. Vaulted ceiling with grand windows overlooking your oasis. Updates throughout the home, game room, 2 living rooms with fireplaces, breakfast and dining areas, ample closet space in all bedrooms. Three of the four bedrooms with full bathrooms attached. Three car garage with large driveway for additional parking. ROOF replaced October 2024. Walking distance to downtown Lockhart, minutes away from SH130 - 30 minutes to Austin.

Details

Property type

Single Family Residence

Est. home value

$728,084

Lot size

0.3444 acres

Price per sq ft

$197

Year built

1986

Annual property taxes

$13,020.65

HOA

No

Price History

12/04/2024
Austin

Austin #5838431

Price change
$695,000
-2.11%
10/25/2024
Austin

Austin #5838431

Price change
$710,000
-1.39%
10/05/2024
Austin

Austin #5838431

Listed
$720,000

Schools & Community

Elementary school: 

Bluebonnet (Lockhart ISD)

Middle school: 

Lockhart

High school: 

Lockhart

Community features: 

None

High school district: 

Lockhart 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

$314,520
Asking price
$695,000
Closing costs (~8% of asking)
-$55,600
Est. remaining loan balance
-$324,880
Cash to seller
$314,520

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

Seller’s Loan History

Lender

First Lockhart National Bank

Loan start date

February 2021

Original loan amount

$366,500

Est. remaining balance

$324,880

Interest rate

2.67%

Loan type

New Conventional, 25 year

Seller

Nicholas W Sedlachek and Jessica L Sedlachek

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: 12/23/2024 at 5:10 PM

Listing updated: 12/04/2024 at 8:38 AM

Listed by: Amy Anton, Countywide Realty Phone #: (512) 398-7148

MLS: Austin #5838431

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