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$425,000

Beds
2
Baths
1.5
sq ft
1,679

616 S Rockdale St, Lexington, TX 78947

616 S Rockdale St

Lexington, TX 78947

  • 149 days on market
    • Price drop $50,000↓
Commercial/Investment opportunity. 2+/-acres fenced for livestock. 2 metal buildings in city limits with city utilities. The primary residence is open concept with kitchen island/breakfast bar, Master bedroom with full bath and walk in closet, wood stove in Living, French doors that open onto a side patio, storage building and detached covered parking. 2nd metal building could be finished out to make a business or another home. Square footage provided is from CAD and is for both houses.

Details

Property type

Single Family Residence

Est. home value

$344,210

Property condition

Updated/Remodeled

Lot size

2.057 acres

Price per sq ft

$254

Year built

2003

Annual property taxes

$5,541.76

Price History

07/29/2024
Austin

Austin #1586158

Price change
$425,000
-10.53%
06/26/2024
Austin

Austin #1586158

Listed
$475,000

Schools & Community

Elementary school: 

Lexington

Middle school: 

Lexington

High school: 

Lexington

Community features: 

None

High school district: 

Lexington 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

$257,174
Asking price
$425,000
Closing costs (~8% of asking)
-$34,000
Est. remaining loan balance
-$133,826
Cash to seller
$257,174

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

Seller’s Loan History

Lender

Brad L Buckingham Etux

Loan start date

April 2020

Original loan amount

$161,320

Est. remaining balance

$133,826

Interest rate

3.36%

Loan type

Not Provided, 20 year

Seller

Hannah Coffee

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: 11/23/2024 at 4:25 AM

Listing updated: 08/26/2024 at 1:49 PM

Listed by: Garry Brown, Garry Brown Real Estate Phone #: (979) 773-4111

MLS: Austin #1586158

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