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$575,000

Beds
3
Baths
1.5
sq ft
1,381

8303 Franwood Ln, Austin, TX 78757

8303 Franwood Ln

Austin, TX 78757

  • 22 days on market
Beautifully updated single-story home nestled in a fantastic location. This move-in ready gem offers an inviting open-plan layout featuring a living and dining space and a fully updated kitchen area- ideal for entertaining family and friends. A second living space provides the perfect setting for a flex space, office, or playroom! Recent updates include flooring, a newly remodeled kitchen with stainless steel appliances, quartz counters and fresh interior paint throughout. You'll love the recently updated picture windows, allowing natural light to flood the main living areas. The large backyard is a must-see and features a covered patio with mature trees and is fully fenced. An ideal space for a backyard kitchen or playscape. Situated in a prime location, 8303 Franwood offers easy access to a variety of amenities. Enjoy nearby parks like Stillhouse Hollow Nature Preserve and Northwest District Park. Nearby Burnet Road and Anderson Lane offer much to do with multiple entertainment and dining options such as Bartlett’s, Jack Allen's Kitchen and the highly rated Pedroso’s Pizza nearby. Movie nights at the Alamo Drafthouse Shopping and entertainment at The Domain and Arboretum are also within easy reach. Only 10 minutes to Downtown Austin. Don't miss out on the rare opportunity in one of the hottest areas of Austin

Details

Property type

Single Family Residence

Est. home value

$599,494

Lot size

7,688.34 sq ft

Price per sq ft

$417

Year built

1962

Annual property taxes

$10,638

HOA

No

Price History

01/31/2025
Austin

Austin #4420782

Listed
$575,000

Schools & Community

Neighborhood: 

North Shoal Creek

Elementary school: 

Pillow

Middle school: 

Burnet (Austin ISD)

High school: 

Anderson

Community features: 

Curbs, Sidewalks, Suburban

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

$104,019
Asking price
$575,000
Closing costs (~8% of asking)
-$46,000
Est. remaining loan balance
-$424,981
Cash to seller
$104,019

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

Seller’s Loan History

Lender

Network Funding Lp

Loan start date

August 2021

Original loan amount

$460,000

Est. remaining balance

$424,981

Interest rate

2.98%

Loan type

New Conventional, 30 year

Seller

Andrew Sommer and Ayesha Badar

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: 02/22/2025 at 11:40 PM

Listing updated: 02/06/2025 at 4:05 PM

Listed by: Alexander Tapp, Compass RE Texas, LLC Phone #: (512) 575-3644

MLS: Austin #4420782

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