tomo logo

$359,000

Beds
4
Baths
3.0
sq ft
1,366

6701 Aries Ln, Austin, TX 78724

6701 Aries Ln

Austin, TX 78724

  • 58 days on market
    • Price drop $40,999↓
This home has been meticulously updated, offering modern features and an excellent opportunity for additional income. The stylish kitchen shines with sleek countertops, stainless steel appliances, a designer sink, and custom cabinetry, perfect for culinary enthusiasts. The entire home boasts elegant vinyl flooring, fresh interior paint, and new baseboards and trim, creating a cohesive and polished look throughout. The updated bathrooms feature chic vanities, Subway tile in the tub/shower areas, and modern toilets, blending style and function seamlessly. One of the unique aspects of this home is the separate Airbnb unit, one of the four bedrooms and bathrooms, which provides a fantastic opportunity for nightly rentals. This self-contained unit is perfect for guests, offering privacy and comfort, and it can be a significant income generator for homeowners. The spacious yard is a true highlight, featuring a patio and mature trees that provide a serene outdoor space for relaxation and entertainment. The exterior of the home has also been freshly painted, and the striking green door adds a welcoming touch to the entrance. Located near Northeast and Colony Parks and the Walnut Creek Trail, this home is perfectly situated for outdoor enthusiasts and those seeking convenience. With easy access to 183 and downtown Austin, commuting and exploring the city are a breeze. This home represents a unique opportunity to own a beautifully updated property in a rapidly growing corridor. The potential for rental income from the separate Airbnb unit adds an attractive dimension for potential buyers. Don’t miss out on this chance to own a versatile and stunning home in one of Austin’s most desirable areas. Seize this opportunity to invest in a home that offers both comfort and financial potential!

Details

Property type

Single Family Residence

Est. home value

$379,602

Lot size

8,581.32 sq ft

Price per sq ft

$263

Year built

1979

Annual property taxes

$3,896

HOA

No

Price History

09/19/2024
Austin

Austin #5470471

Price change
$359,000
-10.25%
08/28/2024
Austin

Austin #5470471

Price change
$399,999
-5.86%
07/25/2024
Austin

Austin #5470471

Listed
$424,900

Schools & Community

Elementary school: 

Oak Meadows

Middle school: 

Decker

High school: 

Manor

Community features: 

None

High school district: 

Manor 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

$36,142
Asking price
$359,000
Closing costs (~8% of asking)
-$28,720
Est. remaining loan balance
-$294,138
Cash to seller
$36,142

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

Seller’s Loan History

Lender

Wells Fargo Bank Na

Loan start date

August 2021

Original loan amount

$315,000

Est. remaining balance

$294,138

Interest rate

3.02%

Loan type

New Conventional, 30 year

Seller

Craig Tilly

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: 09/22/2024 at 2:10 PM

Listing updated: 09/18/2024 at 8:19 PM

Listed by: Perry Henderson, Douglas Elliman Real Estate Phone #: (512) 866-3795

MLS: Austin #5470471

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