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$359,000

Beds
4
Baths
2.0
sq ft
1,892

700 Drake Ln, Taylor, TX 76574

700 Drake Ln

Taylor, TX 76574

  • Pending
Welcome to this beautifully remodeled home in the heart of Taylor, Texas! This stunning property blends modern updates with classic charm, offering the perfect combination of style and comfort. The fully updated interior features fresh paint, new flooring, and stylish finishes throughout. A modern kitchen boasts sleek countertops, brand-new stainless steel appliances, and custom cabinetry. Spacious living areas create an open-concept layout, perfect for entertaining. The luxurious bathrooms have been upgraded with elegant fixtures and tile work, adding a spa-like touch. Outside, the large backyard provides plenty of space for outdoor gatherings, gardening, or simply relaxing. Situated in a prime location, this home is conveniently close to schools, parks, shopping, and everything Taylor has to offer. This move-in-ready home is a must-see! Don’t miss the opportunity to own a beautifully updated property in this charming community.

Details

Property type

Single Family Residence

Est. home value

$329,720

Property condition

Updated/Remodeled

Lot size

0.28 acres

Price per sq ft

$190

Year built

1980

Annual property taxes

$6,281.62

HOA

No

Price History

02/21/2025
Austin

Austin #5591619

Pending
$359,000
02/14/2025
Austin

Austin #5591619

Listed
$359,000

Schools & Community

Elementary school: 

TH Johnson

Middle school: 

Taylor

High school: 

Taylor

Community features: 

None

High school district: 

Taylor 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

$153,619
Asking price
$359,000
Closing costs (~8% of asking)
-$28,720
Est. remaining loan balance
-$176,661
Cash to seller
$153,619

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

Seller’s Loan History

Lender

Fairway Independent Mortgage Corp

Loan start date

June 2023

Original loan amount

$180,000

Est. remaining balance

$176,661

Interest rate

6.35%

Loan type

New Conventional, 30 year

Seller

Samar Soto and Lloyd Renier Mercado

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: Pending/Under Contract

Tomo last checked: 02/24/2025 at 5:45 PM

Listing updated: 02/21/2025 at 9:05 AM

Listed by: Gabriel Bramlette, Agency Texas Inc Phone #: (512) 355-0150

MLS: Austin #5591619

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