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$325,000

Beds
4
Baths
2.5
sq ft
2,184

545 Cedar Break Ln, Burnet, TX 78611

545 Cedar Break Ln

Burnet, TX 78611

  • 217 days on market
    • Price drop $74,000↓
Beautiful views from this Hill Top. The home is four bedrooms, two and a half bath. Big home and gorgeous trees. Huge workshop with a concrete slab. Corrals for horses. Very nice deck. The property connected to this one is for sale also from a different owner. It is a beautiful home with lots of outbuildings and corrals. Long, covered front porch with great views and quiet solitude. It is 15 acres. These could sell together and you would have over 20 acres with two homes and another being finished. This could be an amazing multifamily/multigenerational home place.

Details

Property type

Manufactured Home

Est. home value

$392,985

Lot size

5.0 acres

Price per sq ft

$149

Year built

2012

Annual property taxes

$3,210.71

HOA

No

Price History

10/17/2024
Austin

Austin #4331662

Price change
$325,000
-18.55%
04/18/2024
Austin

Austin #4331662

Listed
$399,000

Schools & Community

Elementary school: 

RJ Richey

Middle school: 

Burnet (Burnet ISD)

High school: 

Burnet

Community features: 

None

High school district: 

Burnet 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

$57,269
Asking price
$325,000
Closing costs (~8% of asking)
-$26,000
Est. remaining loan balance
-$241,731
Cash to seller
$57,269

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

Seller’s Loan History

Lender

Countryplace Mortgage Ltd

Loan start date

January 2020

Original loan amount

$267,676

Est. remaining balance

$241,731

Interest rate

3.66%

Loan type

New Conventional, 30 year

Seller

Joseph Michael Gorman and Rebecca Gorman

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: 11/22/2024 at 2:55 AM

Listing updated: 10/17/2024 at 3:44 PM

Listed by: Doris Graeter, All City Real Estate Ltd. Co Phone #: (866) 277-6005

MLS: Austin #4331662

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