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$375,000

Beds
4
Baths
2.0
sq ft
1,430

7107 Shannon Dr, Austin, TX 78724

7107 Shannon Dr

Austin, TX 78724

  • 2 days on market
    • Open house Mar 09
Welcome to 7107 Shannon Dr! Updated in 2020, this home offers so much, from soaring high ceilings to an abundance of natural light that fills the open living spaces, creating a warm and inviting atmosphere. The fourth bedroom is ideally located for anyone looking for a house-hacking opportunity. With no HOA, you’ll have plenty of flexibility to make this space truly yours. You'll also appreciate the abundance of storage, including a spacious primary bedroom with a walk-in closet and natural light pouring in from the windows. Plus, the direct access to the backyard patio makes it easy to enjoy your morning coffee or let the pups out with ease. The second front bedroom features a charming bay window, perfect for a home office. The kitchen is a dream, with stainless steel appliances, a dedicated pantry, and a bay-window dining area that flows right into the living room—ideal for entertaining. Located just 15 minutes from Downtown Austin, UT, The Domain, and Austin-Bergstrom International Airport (ABIA), you’re never far from all that Austin has to offer. Plus, the vibrant Mueller community is just 5 miles away, giving you easy access to everything from shopping and dining to parks and more. If you're a first-time buyer, you'll love the fact that this home qualifies for first-time homebuyer assistance programs—making it easier for you to take the next step toward homeownership. Investors - this home was a great long term rental, always renting out in less than 3 days on market with the rental rate always being above market average!

Details

Property type

Single Family Residence

Est. home value

$374,051

Lot size

6,926.04 sq ft

Price per sq ft

$263

Year built

1986

Annual property taxes

$217

HOA

No

Price History

03/07/2025
Austin

Austin #8870662

Listed
$375,000

Schools & Community

Elementary school: 

Overton

Middle school: 

Garcia

High school: 

Lyndon B Johnson (Austin ISD)

Community features: 

Curbs, Sidewalks

High school district: 

Austin 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

$128,576
Asking price
$375,000
Closing costs (~8% of asking)
-$30,000
Est. remaining loan balance
-$216,424
Cash to seller
$128,576

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

Seller’s Loan History

Lender

University Fcu

Loan start date

June 2020

Original loan amount

$240,350

Est. remaining balance

$216,424

Interest rate

3.23%

Loan type

New Conventional, 30 year

Seller

Daniel Schuster and Sydney Schuster

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: 03/08/2025 at 7:00 PM

Listing updated: 03/08/2025 at 1:05 PM

Listed by: Sydney Schuster, Open House Austin Group LLC Phone #: (512) 222-9050

MLS: Austin #8870662

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