tomo logo

$1,250,000

Beds
4
Baths
2.0
sq ft
2,300

607 Cove Cir, Granite Shoals, TX 78654

607 Cove Cir

Granite Shoals, TX 78654

  • 82 days on market
This stunning Lake LBJ waterfront property offers everything you need for entertaining family and friends. Remodeled in 2022, this home features two spacious living areas, a cozy woodburning fireplace. WIth 2,300 sq. ft., the home boasts four bedrooms, and two baths. The open kitchen, with updated appliances, includes a long peninsula bar, perfect for kids, and offers two dining areas for large gatherings. Enjoy spectacular lake views from the upper boat dock, refreshing summer breezes with four outdoor living spaces, including patios with afternoon shade. Situated on a quiet, low-traffic street, this home includes a large master bedroom with plenty of windows. The covered boat house features an electric lift, as well as a covered jet ski area with a lift and a boat shed for storage. Other amenities include an automatic sprinkler system, vinyl wood plank floors, a large fenced backyard, and an additional off-water septic lot, all updated in 2022. The home is perfect as a personal getaway or a profitable short-term rental, with two owner closets, a Google-connected home system, two thermostats, and two cameras. Enjoy excellent fishing right from the boat dock and breathtaking stargazing, adding the perfect finishing touch to this remarkable retreat!

Details

Property type

Single Family Residence

Est. home value

$911,775

Lot size

5,061.67 sq ft

Price per sq ft

$544

Year built

1980

Annual property taxes

$13,095.79

HOA

No

Price History

10/01/2024
Austin

Austin #5525654

Listed
$1,250,000
09/04/2024
Austin

Austin #8701448

Removed
08/04/2024
Austin

Austin #8701448

Price change
$1,300,000
-7.14%

Schools & Community

Elementary school: 

Highland Lake

Middle school: 

Marble Falls

High school: 

Marble Falls

Community features: 

Park

High school district: 

Marble Falls 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

$696,903
Asking price
$1,250,000
Closing costs (~8% of asking)
-$100,000
Est. remaining loan balance
-$453,097
Cash to seller
$696,903

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

Seller’s Loan History

Lender

First Bank

Loan start date

September 2021

Original loan amount

$488,000

Est. remaining balance

$453,097

Interest rate

2.88%

Loan type

New Conventional, 30 year

Seller

Andrew R Wilson and Erica S Wilson

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?

Similar Homes Nearby

Price drop
Austin
$1,315,000
4 bd
|
4 ba
|
2,597 sq ft
|
House

613 Highland Dr, Marble Falls, TX 78654

NTREIS
$1,397,000
4 bd
|
4 ba
|
3,746 sq ft
|
House

116 Mitchell Creek Dr, Horseshoe Bay, TX 78657

SanAntonio
$1,145,000
4 bd
|
3 ba
|
2,700 sq ft
|
House

617 Circle Dr, Sunrise Beach, TX 78643

Status: Active

Tomo last checked: 12/22/2024 at 10:10 AM

Listing updated: 11/17/2024 at 3:05 PM

Listed by: Nattlie Hoover, Coldwell Banker Realty Phone #: (512) 263-5655

MLS: Austin #5525654

Austin logo

Recently listed in Granite Shoals