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$669,000

Beds
4
Baths
2.0
sq ft
2,522

604 S Creek St, Fredericksburg, TX 78624

604 S Creek St

Fredericksburg, TX 78624

  • 329 days on market
    • Price drop $30,000↓
Amazing STR property in Fredericksburg. SELLER IS OFFERING 20K TO BUY DOWN LOAN. Awesome floor plan with 2522 sq. ft. includes 4 bedrooms, 2 baths, 2 living, 2 dining and separate laundry room. All the rooms are good size with storage, and the largest bedroom has an additional large sitting room attached. The house sleeps 9 easily. Unique floor plan with one living area, 2 bedrooms, and bath on each end of the house, with separate entrances. Upgraded spacious kitchen with wine refrigerator. Outdoor covered front and back porches. The property sits on almost ½ acre with large trees, and is located 1.3 miles to downtown Fredericksburg. 2018 upgrades include HVAC, electrical, flooring, granite in kitchen, blinds, interior and exterior paint. Don't miss the value in this opportunity! Can provide booking financials.

Details

Property type

Single Family Residence

Est. home value

$650,159

Lot size

0.45 acres

Price per sq ft

$266

Year built

1960

Annual property taxes

$5,289

Price History

02/14/2024
Austin

Austin #8173580

Price change
$669,000
-4.29%
01/29/2024
Austin

Austin #8173580

Listed
$699,000

Schools & Community

Elementary school: 

Fredericksburg

Middle school: 

Fredericksburg

High school: 

Fredericksburg (Fredericksburg ISD)

Community features: 

Street Lights

High school district: 

Fredericksburg 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

$108,749
Asking price
$669,000
Closing costs (~8% of asking)
-$53,520
Est. remaining loan balance
-$506,731
Cash to seller
$108,749

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

January 2022

Original loan amount

$540,000

Est. remaining balance

$506,731

Interest rate

3.11%

Loan type

New Conventional, 30 year

Seller

Mayank Goel and Rebekah Brewer

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 6:50 PM

Listing updated: 07/23/2024 at 6:49 AM

Listed by: Robin McDonald, Blackburn Properties Phone #: (512) 431-8428

MLS: Austin #8173580

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