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$425,000

Beds
2
Baths
1.0
sq ft
1,034

8506 Hathaway Dr Unit 1, Austin, TX 78757

8506 Hathaway Dr Unit 1

Austin, TX 78757

  • 65 days on market
    • Price drop $24,000↓
A charming Austin cottage with an even sweeter price. With original hardwood floors, a beautifully preserved vintage bathroom, and a reconfigured, contemporary kitchen, this 1950s bungalow is the perfect balance of old and new. Located in the desirable north-central Wooten neighborhood, the home is a stone’s throw from the Domain, as well as an easy walk to Burnet Middle School and Austin’s iconic Bartlett's Restaurant. The open floor plan makes for easy entertaining, while the fenced front yard offers opportunity for gardening and outdoor living.

Details

Property type

Single Family Residence

Est. home value

$380,243

Lot size

3,249.58 sq ft

Price per sq ft

$412

Year built

1952

Annual property taxes

$3,021

Monthly HOA fee

$25

Price History

09/09/2024
Austin

Austin #5748814

Price change
$425,000
-5.35%
07/19/2024
Austin

Austin #5748814

Listed
$449,000

Schools & Community

Neighborhood: 

Wooten

Elementary school: 

Wooten

Middle school: 

Burnet (Austin ISD)

High school: 

Navarro Early College

Community features: 

None

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

$146,329
Asking price
$425,000
Closing costs (~8% of asking)
-$34,000
Est. remaining loan balance
-$244,671
Cash to seller
$146,329

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

December 2019

Original loan amount

$270,000

Est. remaining balance

$244,671

Interest rate

3.75%

Loan type

New Conventional, 30 year

Seller

Amanda Claire Parker

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 6:20 PM

Listing updated: 09/15/2024 at 3:05 PM

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

MLS: Austin #5748814

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