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$229,000

Beds
2
Baths
2.0
sq ft
1,378

854 S Magnolia Ave, Luling, TX 78648

854 S Magnolia Ave

Luling, TX 78648

  • 47 days on market
    • Price drop $10,000↓
This charming 1940s home in Luling, Texas, comes with a *home warranty* for added peace of mind! With 2 bedrooms, 2 baths, and a versatile office, this home blends vintage character with thoughtful updates. The office is ideal for a remote worker or could serve as a playroom for the kids, adding extra flexibility to the layout. Inside, you'll find plenty of cabinets and charming cubby spaces, showcasing the idyllic craftsmanship of its era and providing ample storage throughout. Situated on a nearly half-acre lot, the property includes an existing outdoor building that opens up possibilities for additional living space—perfect for a game room, mancave, craft room, home gym, and more! The fully fenced backyard offers privacy, while the circular drive provides convenient and ample parking. With an easy commute to both Austin and San Antonio, this home brings small-town charm without sacrificing city convenience. Don’t miss this unique opportunity—schedule a showing today! Home warranty! Zero Down and NO PMI possible. *Virtual Staged Photos

Details

Property type

Single Family Residence

Est. home value

$264,319

Lot size

0.47 acres

Price per sq ft

$167

Year built

1940

Annual property taxes

$4,957

HOA

No

Price History

12/11/2024
CentralTexas

CentralTexas #561853

Price change
$229,000
-4.18%
12/04/2024
CentralTexas

CentralTexas #561853

Pending
$239,000
11/02/2024
CentralTexas

CentralTexas #561853

Listed
$239,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Curbs

High school district: 

Luling 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

$90,502
Asking price
$229,000
Closing costs (~8% of asking)
-$18,320
Est. remaining loan balance
-$120,178
Cash to seller
$90,502

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

Seller’s Loan History

Lender

Nations Reliable Lending Llc

Loan start date

January 2016

Original loan amount

$147,283

Est. remaining balance

$120,178

Interest rate

3.95%

Loan type

FHA, 30 year

Seller

Lila Hernandez

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: 12/24/2024 at 10:20 AM

Listing updated: 12/11/2024 at 9:44 AM

Listed by: Lorrie Cormack, RE/MAX Freedom Phone #: (512) 668-4787

MLS: CentralTexas #561853

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