tomo logo

$1,025,000

Beds
3
Baths
3.0
sq ft
2,246

5840 County Road 202, Lampasas, TX 76550

5840 County Road 202

Lampasas, TX 76550

  • 61 days on market
    • Price drop $25,000↓
Welcome home to this luxury ranch house in the gorgeous Hill Country in Lake Victor on 15.12 acres. 15 minutes from Lampasas and Burnet and 1 hour from Austin. Step into luxury with a gourmet kitchen with stone masonry around cabinetry and appliances with a 9 foot Island with quartz and ShipLap. All counters in kitchen, drop zone and niche are quartz and granite in the bathrooms. Kitchen is open to family room and second focal point is the gorgeous electric fireplace with stone from floor to ceiling surrounded by ShipLap. Garage will fit 3 cars or 2 cars with a gym. Home has two electrical panels. One is dedicated to house only and the other is for the rest of the property. 2 RV hook ups, brand new above ground pool bought 2 months ago. New deck built last year. 250 gallon storage tank with carbon filter and salt water filtration systems to save money on appliance maintenance as well as buying bottle water. Tank-less gas hot water heater for endless heated water. Pot filler, Frigidaire appliances, and stained concrete floors and hardwood floors throughout. Spray foam in ceiling and exterior walls and interior walls have sound barrier. Window treatments include drapes and remote control blinds. Garage is also insulated to save on electric bills. So many upgrades in this luxury home. Owner concessions up to 10K to cover any repairs during inspection process if owner does not repair by closing. Seller will pay all 2024 property taxes and a one year home warranty.

Details

Property type

Single Family Residence

Est. home value

$1,555,315

Lot size

15.12 acres

Price per sq ft

$457

Year built

2021

Annual property taxes

$5,586

HOA

No

Price History

10/29/2024
CentralTexas

CentralTexas #557146

Price change
$1,025,000
-2.38%
10/02/2024
CentralTexas

CentralTexas #557146

Price change
$1,050,000
-8.7%
09/17/2024
CentralTexas

CentralTexas #557146

Listed
$1,150,000

Schools & Community

Elementary school: 

RJ Richy Elementary School

Middle school: 

Burnet Middle School

High school: 

Burnet High School

Community features: 

None

High school district: 

Burnet Consolidated 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

$466,615
Asking price
$1,025,000
Closing costs (~8% of asking)
-$82,000
Est. remaining loan balance
-$476,385
Cash to seller
$466,615

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

Seller’s Loan History

Lender

Amcap Mortgage Ltd

Loan start date

August 2021

Original loan amount

$511,905

Est. remaining balance

$476,385

Interest rate

2.9%

Loan type

VA, 30 year

Seller

Jason Wayne Van Peilt and Pamela Van Peilt

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 7:15 AM

Listing updated: 10/28/2024 at 8:19 PM

Listed by: Pamela Van Pelt, White Rock Realty Phone #: (469) 955-2343

MLS: CentralTexas #557146

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