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$397,652Estimated home value

Beds
4
Baths
2.0
sq ft
1,623

5306 King Charles Dr, Austin, TX 78724

5306 King Charles Dr

Austin, TX 78724

  • Off market
    • Price drop $2,500↓
Welcome to a home that's not just a property, but a canvas for your dreams. With 4 cozy bedrooms and 2 inviting bathrooms across 1,624 square feet, this place speaks of family, comfort, and potential. Step into the spacious backyard and discover a world of possibilities. There's a covered patio, perfect for Sunday brunches or just a tranquil space to unwind. For investors, this gem in East Austin is a golden opportunity. The thriving rental market beckons, and the location is a magnet for those seeking a slice of the vibrant city lifestyle. Close to Downtown, Sign Bar, The Skylark Lounge, Community Cinema & Amphitheater, and more. This home doesn't just offer a roof; it offers a lifestyle. The East Austin neighborhood is known for its rich culture, dining, and entertainment. Great for Buyers with a Remodel Loan or Cash offer. Contact us today, and let's make this place your home sweet home. Positive inspection reports for booth roof 6/12/24 and foundation 4/23/24.

Details

Property type

Single Family Residence

Est. home value

$397,652

Lot size

6,272.64 sq ft

Price per sq ft

$168

Year built

1984

Annual property taxes

$4,455.09

Price History

08/20/2024
Austin

Austin #8193936

Removed
07/21/2024
Austin

Austin #8193936

Pending
$272,500
07/09/2024
Austin

Austin #8193936

Price change
$272,500
-0.91%

Schools & Community

Neighborhood: 

MLK 183

Elementary school: 

Norman-Sims

Middle school: 

Garcia

High school: 

Lyndon B Johnson (Austin ISD)

Community features: 

None

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

$206,930
Asking price
$272,500
Closing costs (~8% of asking)
-$21,800
Est. remaining loan balance
-$43,770
Cash to seller
$206,930

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

Seller’s Loan History

Lender

Wells Fargo Bank Na

Loan start date

February 2016

Original loan amount

$89,700

Est. remaining balance

$43,770

Interest rate

3.26%

Loan type

New Conventional, 15 year

Seller

Ismael Romero

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: Off Market

Tomo last checked: 10/05/2024 at 8:35 PM

Listing updated: 07/23/2024 at 8:04 AM

Listed by: Rob Juarez, Team Price Real Estate Phone #: (512) 213-0213

MLS: Austin #8193936

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