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$475,000

Beds
3
Baths
1.0
sq ft
908

912 Banister Ln, Austin, TX 78704

912 Banister Ln

Austin, TX 78704

  • 195 days on market
    • Price drop $24,000↓
LOCATION! LOCATION! LOCATION! Very few opportunities to own a free standing SFR on 0.159 lot size in 78704 at this price point. Conveniently close to all that Downtown has to offer. Just minutes away from South Congress, South 1st St, South Lamar, Townlake, Barton Springs, Zilker Park, Travis Heights and the best of shopping, dining, entertainment, schools and medical facilities. Easy access from Ben White. Current house is totally livable but can be updated/renovated with your taste. Investors, this is a great opportunity to remodel existing home, add an ADU on back or tear down and build multiple units. Buyers to do their own due diligence and verify zoning and city restrictions.

Details

Property type

Single Family Residence

Est. home value

$650,331

Lot size

6,921.68 sq ft

Price per sq ft

$524

Year built

1964

Annual property taxes

$13,789

Price History

05/27/2024
Austin

Austin #8302676

Price change
$475,000
-4.81%
03/24/2024
Austin

Austin #8302676

Listed
$499,000

Schools & Community

Neighborhood: 

Galindo

Elementary school: 

Galindo

Middle school: 

Lively

High school: 

Travis

Community features: 

None

High school district: 

Austin ISD

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

First Lockhart National Bank

Loan start date

December 2011

Original loan amount

$77,000

Est. remaining balance

$14,174

Interest rate

3.38%

Loan type

Not Provided, 15 year

Seller

Luisa Trejo

Lender

Castle Mtg

Loan start date

June 1997

Original loan amount

$53,502

Est. remaining balance

$11,510

Interest rate

7.91%

Loan type

FHA, 30 year

Seller

Luisa Trejo

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: 10/05/2024 at 8:10 PM

Listing updated: 08/14/2024 at 8:22 AM

Listed by: Maria Delgado, Austin Texan Realty Phone #: (512) 689-5873

MLS: Austin #8302676

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