tomo logo

$400,000

Beds
1
Baths
1.0
sq ft
600

944 FM 1077, Bandera, TX 78003

944 FM 1077

Bandera, TX 78003

  • 163 days on market
Sellers have decided they want to sell, after all, so we're back on the market at $25,000 less than before! Nestled on 5 acres of pristine, unrestricted land, 944 FM 1077 presents a unique opportunity for both serene country living and limitless potential for customization. This property boasts not one, but two distinctive dwellings - a cozy log cabin and a spacious barndominium - offering a blend of rustic charm and modern comfort. The charming log cabin, spanning 252 sq ft, features a thoughtfully designed layout with 1 bedroom, 1 bath complete with a walk-in shower, and a full kitchen area. A covered front porch invites you to relax and soak in the tranquil surroundings, while inside, meticulous attention to detail is evident with meticulously cleaned and sealed walls and ceilings. Upgrades including heating and A/C unit, counter tops, vanity, fixtures, bathroom floor tile, and toilet replacement in May 2023 ensure both functionality and style. Adjacent to the cabin, the 1200 sq ft barndominium offers endless possibilities. With its versatile space, concrete flooring, and a full kitchen, it has served as a party barn, garage, a band rehearsal space, and could be easily outfitted as a residence. It features a small bedroom/office, full bath with step-in shower, ample storage and counter space, and a stackable washer/dryer. A covered side porch with a built-in BBQ pit extends the entertainment options, while an unfinished attic room presents an opportunity for expansion or customization to suit your needs. Outdoor amenities abound, with a large fire pit area adorned with four charming porch swings, a fenced peach orchard, and a full-service 50-amp RV hookup for guests or your own RV. A privacy fenced area behind the garage provides additional storage space for outdoor items. The property is adorned with century oaks, tasteful landscaping, and a sprinkler system, making yard maintenance a breeze. For outdoor enthusiasts, the property features a chicken coop, deer blind with electricity, a pond with a wooden platform, and two storage buildings, one with power. The pond area is plumbed to be filled from the water well, if needed, offering convenience and flexibility. Strategically located less than 5 minutes from Bandera, TX, known as The Cowboy Capital of the World, this property offers proximity to a vibrant nightlife, world-class entertainment venues, lake and river activities, and a myriad of outdoor recreational opportunities. With easy access to Helotes, Hondo, Kerrville, Boerne, and just an hour from the San Antonio International Airport, 944 FM 1077 provides the perfect balance of tranquility and convenience. Don't miss the chance to make this unique property your own retreat or investment opportunity!

Details

Property type

Single Family Residence

Lot size

5.00 acres

Price per sq ft

$667

Year built

Unknown

Annual property taxes

$5,055

Price History

05/26/2024
SanAntonio

SanAntonio #1778450

Listed
$400,000
04/20/2024
SanAntonio

SanAntonio #1715199

Removed
03/22/2024
SanAntonio

SanAntonio #1715199

Price change
$425,000
-0.93%

Schools & Community

Elementary school: 

Alkek

Middle school: 

Bandera

High school: 

Bandera

School district: 

Bandera 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

$165,981
Asking price
$400,000
Closing costs (~8% of asking)
-$32,000
Est. remaining loan balance
-$202,019
Cash to seller
$165,981

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

Seller’s Loan History

Lender

Loanpeople Llc

Loan start date

February 2023

Original loan amount

$206,000

Est. remaining balance

$202,019

Interest rate

6.42%

Loan type

New Conventional, 30 year

Seller

Mark A Collins and Marlene Elizabeth Collins

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: 11/05/2024 at 4:40 AM

Listing updated: 06/06/2024 at 2:33 AM

Listed by: Lanette Pennell, Keller Williams Boerne Phone #: (830) 816-3500

MLS: SanAntonio #1778450

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