tomo logo

$650,000

Beds
4
Baths
3.0
sq ft
1,923

5600 Gloucester Ln, Austin, TX 78723

5600 Gloucester Ln

Austin, TX 78723

  • 110 days on market
    • Price drop $50,000↓
Welcome to 5600 Gloucester Lane, a recently updated home featuring modern designs. This 4-bedroom, 3-bathroom residence offers 1,923 square feet of living space and is an entertainer's dream, perfect for hosting and celebrating in style! Approaching the home, you'll notice the newly added courtyard that connects to the spacious covered porch, providing an ideal spot to savor your morning coffee or indulge in a good book! As you step inside, the abundance of natural light fills the open and spacious interior, creating an inviting and airy atmosphere. The kitchen is a chef's dream, boasting stainless steel appliances, plenty of cabinets for storage, and an inviting eat-in breakfast bar, perfect for enjoying casual meals or hosting gatherings. Updates include fresh paint, renovated primary bathroom shower, and foundation repair with lifetime transferable warranty. Outside, the rear private outdoor space is an ideal setting for entertaining guests or simply unwinding in the fresh air. The expansive patio and pergola, a recent addition, offer abundant space for entertaining guests, while the majestic oak tree provides ample shade for outdoor games or playing fetch with your furry friend! The backyard shed also offers convenient additional storage space while leaving plenty of space for that future pool you've been dreaming of! Conveniently located, this property provides easy access to downtown, the airport, Circuit of the Americas (COTA), and a myriad of east side hotspots, including Mueller, Sour Duck, and Launderette, among many others. In addition, the Little Walnut Creek greenbelt, the East Austin Swim Center and Pecan Springs Elementary school are all within walking distance! All furniture is negotiable allowing an easy move in! Don't miss the opportunity to make this stunning property your own and experience the comfort and convenience it offers. Schedule a showing today and envision the possibilities of calling this remarkable residence your new home.

Details

Property type

Single Family Residence

Est. home value

$606,554

Lot size

8,319.96 sq ft

Price per sq ft

$339

Year built

1964

Annual property taxes

$12,218

HOA

No

Price History

09/18/2024
Austin

Austin #6378777

Price change
$650,000
-7.14%
07/25/2024
Austin

Austin #6378777

Listed
$700,000

Schools & Community

Neighborhood: 

Pecan Springs Springdale

Elementary school: 

Pecan Springs

Middle school: 

Bertha Sadler Means

High school: 

Northeast Early College

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

$142,651
Asking price
$650,000
Closing costs (~8% of asking)
-$52,000
Est. remaining loan balance
-$455,349
Cash to seller
$142,651

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

Seller’s Loan History

Lender

Better Mortgage Corporation

Loan start date

September 2021

Original loan amount

$489,984

Est. remaining balance

$455,349

Interest rate

2.78%

Loan type

New Conventional, 30 year

Seller

Courtney Graham and Chantelle Graham

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: 11/12/2024 at 1:30 PM

Listing updated: 09/22/2024 at 1:01 PM

Listed by: Ashley Brinkman, Compass RE Texas, LLC Phone #: (512) 575-3644

MLS: Austin #6378777

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