tomo logo

$550,000

Beds
3
Baths
3.0
sq ft
2,359

1016 Spring Falls Dr, Mckinney, TX 75071

1016 Spring Falls Dr

McKinney, TX 75071

  • 13 days on market
Step into luxury with this beautifully updated home, showcasing an array of high-end upgrades. The elegant wood floors sweep through the expansive living and dining areas, complementing the stylish tile in the half bath. The open-concept living room boasts soaring ceilings, perfect for entertaining or relaxing with family. The versatile office space offers the potential for a fourth bedroom, catering to your lifestyle needs. The gourmet kitchen is a chef's dream, featuring upgraded white cabinets, luxurious granite countertops, a 5-burner gas cooktop, and a spacious island, ideal for meal preparation and casual dining. Retreat to the serene master bedroom and indulge in the spa-like master bath, complete with a large shower and dual shower heads for ultimate relaxation. Generously-sized secondary bedrooms provide comfort and convenience, while the covered back patio is perfect for outdoor gatherings and enjoying the Texas evenings. This is a friendly and looked after neighborhood. Highly rated school system. Amenities include Community Pool, Gym, Park, Dog Park, Trails and an Ampatheater. Community social events monthly and seasonally. This home is a must-see, combining modern amenities with sophisticated charm. Don’t miss out on this exceptional opportunity!

Details

Property type

Single Family Residence

Est. home value

$518,674

Lot size

5,880.6 sq ft

Price per sq ft

$234

Year built

2015

Annual property taxes

$9,375

Monthly HOA fee

$100

Price History

10/25/2024
NTREIS

NTREIS #20763292

Listed
$550,000

Schools & Community

Elementary school: 

Naomi Press

Middle school: 

Johnson

High school: 

McKinney North

School district: 

McKinney 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

$263,834
Asking price
$550,000
Closing costs (~8% of asking)
-$44,000
Est. remaining loan balance
-$242,166
Cash to seller
$263,834

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

Seller’s Loan History

Lender

Highlands Residential Mortgage Ltd

Loan start date

April 2021

Original loan amount

$263,250

Est. remaining balance

$242,166

Interest rate

2.81%

Loan type

New Conventional, 30 year

Seller

Matthew J Fira and Adriana Lopez

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: 11/08/2024 at 6:55 AM

Listing updated: 11/02/2024 at 4:08 PM

Listed by: Ingo Hagemann, Texas Ally Real Estate Group Phone #: (512) 763-2559

MLS: NTREIS #20763292

NTREIS logo

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