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$495,000

Beds
4
Baths
2.0
sq ft
1,518

8700 Colonial Dr, Austin, TX 78758

8700 Colonial Dr

Austin, TX 78758

  • 125 days on market
    • Price drop $24,000↓
Beautifully updated single-story home with stylish modern upgrades in a prime North Central Austin location – Wooten Village! This move-in-ready gem is nestled along a beautiful tree-lined street with sidewalks where you will find neighbor out and about for strolls. Fantastic location with an insatiable variety of cuisine just right around the corner, including the original Ramen Tatsuya. Inside you will find an ideal in law floor plan with a luminous open floor plan for the main living area flanked by the primary suite on one side of the home and three secondary bedrooms on the other. Featuring tastefully selected modern finished throughout plus easy-to-maintain epoxy flooring that is cool and refreshing underfoot in the summers. The open floor plan is ideal for entertaining and makes it easy to stay connected while whipping up home cooked meals in the gorgeous chef-inspired kitchen, which makes good use of its footprint, maximizing counter space & storage. Timeless Shaker-style cabinetry, decorative backsplash, and sleek SS appliances including a gas range with a chef’s vent hood provide impressive wow factor. Both bathrooms boast contemporary dual vanities and spa-like showers. Take the party outside to the peaceful backyard oasis where you can relax on the covered patio and watch the birds, enjoy fabulous sunsets, and gather around the cozy fire pit for memorable evenings under the stars. Large fenced-in yard with shade trees, a garden tool shed, and a sizable storage shed with excellent workshop potential. No rear neighbors. No HOA. Google Fiber available! Walkable to the elementary & high schools. Hop on the bus for a short ride to an FC game at Q2 stadium. Easy access to 183 with The Domain, North Austin Tech Corridor, and Central Austin right at your fingertips. Just 8 miles to Downtown. Fantastic price point to swoop up a move-in-ready home in this prime locale! Come take a tour today!

Details

Property type

Single Family Residence

Est. home value

$535,364

Lot size

7,923.56 sq ft

Price per sq ft

$327

Year built

1969

Annual property taxes

$8,909.67

HOA

No

Price History

10/05/2024
Austin

Austin #2644707

Price change
$495,000
-4.62%
07/11/2024
Austin

Austin #2644707

Listed
$519,000

Schools & Community

Neighborhood: 

North Austin

Elementary school: 

Wooldridge

Middle school: 

Burnet (Austin ISD)

High school: 

Navarro Early College

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

$84,795
Asking price
$495,000
Closing costs (~8% of asking)
-$39,600
Est. remaining loan balance
-$370,605
Cash to seller
$84,795

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

August 2020

Original loan amount

$407,400

Est. remaining balance

$370,605

Interest rate

3.07%

Loan type

New Conventional, 30 year

Seller

Rachel Gilbert

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: 11/13/2024 at 9:20 PM

Listing updated: 10/05/2024 at 12:43 AM

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

MLS: Austin #2644707

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