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$225,000

Beds
4
Baths
3.0
sq ft
1,868

613 Driftwood Ln, Cottonwood Shores, TX 78657

613 Driftwood Ln

Cottonwood Shores, TX 78657

  • 6 days on market
Multi-Generational-Gorgeous ranch-style home walking distance to The Colorado River and Parks, Minutes from Downtown Marble Falls!! 3 Bedroom 3 Bathroom with Huge Enclosed Flex Space, on a 0.45-acre lot in Cottonwood Shores! Awesome Lot!! Awesome Location!! This Double Primary Bedroom layout has options with a large secondary bedroom with walk in closet and full in suite bathroom! Expansive open great room floor plan with oversized bedrooms and closets as well. Recently updated throughout. The updated kitchen boasts quartz-like countertops, stainless steel appliances, and a large farm sink. Pantry/Laundry Room with plenty of storage. Tons of cabinet space with roll out drawers! The dining area is perfect for gatherings overlooking the adjacent pasture, no neighbors behind! Upgraded Laminate Wood flooring. Durable metal roofing and AC approximately 10 years old. Ductwork Also New! Water Softner and Fridge Included!! Skate Park, Multiple Parks, Outdoor Living Galore for this Location!!**THIS PROPERTY IS BEING SOLD VIA FLASH SALE: This is a traditional sale. The Price has been lowered significantly BELOW market value to SPEED UP showings and offers. This property is NOT distressed and will ONLY seriously be considering 'MARKET VALUE' bids. All Financing Acceptable**ALL Buyers MUST Show Proof of Funds For at least $300,000 for Showings**

Details

Property type

Single Family Residence

Est. home value

$370,096

Lot size

0.4591 acres

Price per sq ft

$121

Year built

1982

Annual property taxes

$6,181

HOA

No

Price History

10/29/2024
Austin

Austin #7770355

Listed
$225,000
10/15/2024
Austin

Austin #4675194

Removed
07/17/2024
Austin

Austin #4675194

Price change
$345,000
+6.15%

Schools & Community

Elementary school: 

Marble Falls

Middle school: 

Marble Falls

High school: 

Marble Falls

Community features: 

Lake

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

-$72,535
Asking price
$225,000
Closing costs (~8% of asking)
-$18,000
Est. remaining loan balance
-$279,535
Cash to seller
-$72,535

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

Seller’s Loan History

Lender

United Wholesale Mortgage

Loan start date

October 2021

Original loan amount

$299,250

Est. remaining balance

$279,535

Interest rate

2.87%

Loan type

New Conventional, 30 year

Seller

Elisha C Fajardo Johns and James J Johns

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: 11/05/2024 at 10:20 AM

Listing updated: 11/03/2024 at 8:02 AM

Listed by: Pauly Campanaro, Keller Williams Realty Phone #: (512) 346-3550

MLS: Austin #7770355

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