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$325,000

Beds
3
Baths
2.0
sq ft
1,678

700 Cottonwood Dr, Burnet, TX 78611

700 Cottonwood Dr

Burnet, TX 78611

  • 2 days on market
This charming, sunny garden home is located in the desirable Woodlands neighborhood of Burnet on a low-maintenance corner lot. Featuring 3 bedrooms, including a spacious master suite with a garden tub and walk-in closet, the home offers flexibility with two additional bedrooms that can easily convert to office spaces. One room has built-in desk and bookshelves, perfect for remote work. The open floor plan includes a central kitchen with Whirlpool appliances, including a double oven, microwave, and Kenmore dishwasher, plus a whole-home water softener. The home boasts 8 windows on the west wall, filling the space with natural light. Additional features include an ample two-car garage with storage, washer and dryer, a small garden, and an Orbit B-Hyve irrigation system. Situated just a mile from Burnet's Historic Town Square and only an hour from downtown Austin, this home offers easy access to local amenities and outdoor activities, including hiking, fishing, and camping. Enjoy the quiet, rural setting with starry nights and low-maintenance living. Perfect for those seeking a peaceful yet convenient lifestyle.

Details

Property type

Single Family Residence

Est. home value

$326,102

Lot size

4,879 sq ft

Price per sq ft

$194

Year built

2000

HOA

Yes

Price History

01/20/2025
CentralTexas

CentralTexas #567110

Listed
$325,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

None

High school district: 

Burnet Consolidated 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

$14,052
Asking price
$325,000
Closing costs (~8% of asking)
-$26,000
Est. remaining loan balance
-$284,948
Cash to seller
$14,052

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

September 2023

Original loan amount

$288,674

Est. remaining balance

$284,948

Interest rate

6.96%

Loan type

FHA, 30 year

Seller

Jenny Lane and Kristopher Lane Ii

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?

Status: Active

Tomo last checked: 01/22/2025 at 11:40 PM

Listing updated: 01/20/2025 at 5:41 PM

Listed by: Sherry R. Payne, Keller Williams, Waco Phone #: (254) 751-7900

MLS: CentralTexas #567110

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