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$1,395,000

Beds
7
Baths
7.0
sq ft
3,780

95 Loma Ln, Fredericksburg, TX 78624

95 Loma Ln

Fredericksburg, TX 78624

  • 472 days on market
    • Price drop $55,000↓
Amazing live work opportunity…12 +/- acres just outside downtown Fredericksburg Texas. The property is currently rented out for short term rentals and features 3 buildings that are used for rentals and living. The property also features large pasture areas. This unique property is one that you really need to visit to soak up the atmosphere and details that attract short term rental business. Don't miss the chance to own this exceptional 12+ acre property that seamlessly blends natural beauty with modern comfort. Whether you're looking for an income-generating investment or a private haven to call your own, this enchanting estate promises a truly extraordinary experience. 49 commercial pecan trees , additional well available , can expand due to septic , light restrictions, Schedule your private tour today and make your dream of owning a serene Airbnb retreat a reality! 3 wells 2 septic the front one is over sized and 2 more units can be added to it. 2 RV spots with electricity and water.

Details

Property type

Lot size

12.31 acres

Price per sq ft

$370

Year built

Unknown

Annual property taxes

$47.27

HOA

No

Price History

10/09/2024
Austin

Austin #1410703

Price change
$1,395,000
-3.79%
09/19/2024
Austin

Austin #1410703

Price change
$1,450,000
-3.33%
08/16/2024
Austin

Austin #1410703

Price change
$1,500,000
-14.29%

Schools & Community

Elementary school: 

Fredericksburg

Middle school: 

Fredericksburg

High school: 

Fredericksburg (Fredericksburg ISD)

High school district: 

Fredericksburg 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

$1,021,876
Asking price
$1,395,000
Closing costs (~8% of asking)
-$111,600
Est. remaining loan balance
-$261,524
Cash to seller
$1,021,876

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

Seller’s Loan History

Lender

Imc Mortgage Corp

Loan start date

November 2021

Original loan amount

$280,000

Est. remaining balance

$261,524

Interest rate

2.86%

Loan type

New Conventional, 30 year

Seller

Scott Shirey

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: 11/23/2024 at 6:50 AM

Listing updated: 10/13/2024 at 11:53 AM

Listed by: Alice Duffy, Keller Williams - Lake Travis Phone #: (512) 263-9090

MLS: Austin #1410703

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