tomo logo

$485,000

Beds
4
Baths
3.0
sq ft
2,876

1016 Piedmont Dr, Mckinney, TX 75071

1016 Piedmont Dr

McKinney, TX 75071

  • <1 day on market
Welcome to 1016 Piedmont Drive, a stunning 4-bedroom, 2.5-bathroom home in McKinney, TX! With 2,876 sq. ft. of beautifully designed living space, this home offers an open floor plan, rich wood flooring, and abundant natural light. The gourmet kitchen features granite countertops, stainless steel appliances, and a spacious breakfast bar, seamlessly connecting to the family room—perfect for gatherings. The oversized master suite includes a cozy sitting area, creating a private retreat. Enjoy the spacious backyard on a 6,534 sq. ft. lot, ideal for outdoor entertaining. Located in the sought-after Prosper ISD, this home provides convenient access to top-rated schools, shopping, dining, and major highways. With its blend of comfort, style, and prime location, this home is a must-see! Schedule your showing today!

Details

Property type

Single Family Residence

Est. home value

$491,318

Lot size

6,534 sq ft

Price per sq ft

$169

Year built

2003

HOA

Yes

Price History

03/16/2025
NTREIS

NTREIS #20872836

Listed
$485,000
02/25/2024
NTREIS

NTREIS #20421549

Removed
01/30/2024
NTREIS

NTREIS #20421549

Listed
$499,000

Schools & Community

Elementary school: 

John A Baker

Middle school: 

Reynolds

High school: 

Prosper

School district: 

Prosper 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

$293,416
Asking price
$485,000
Closing costs (~8% of asking)
-$38,800
Est. remaining loan balance
-$152,784
Cash to seller
$293,416

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

Seller’s Loan History

Lender

Brazos National Bank

Loan start date

July 2014

Original loan amount

$196,886

Est. remaining balance

$152,784

Interest rate

4.2%

Loan type

FHA, 30 year

Seller

Srinivas Chakrala and Gayathree Karanam

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?

Status: Active

Tomo last checked: 03/17/2025 at 6:35 AM

Listing updated: 03/16/2025 at 9:13 PM

Listed by: Khaleel Ahmed, Silverlake, REALTORS Phone #: (214) 810-3469

MLS: NTREIS #20872836

NTREIS logo

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