tomo logo

$845,000

Beds
4
Baths
4.0
sq ft
3,087

1040 Sugar Bars Dr, Allen, TX 75002

1040 Sugar Bars Dr

Lucas, TX 75002

  • 3 days on market
Pristine 1-story home set on over an acre near the tranquil shores of Lake Lavon offers both convenience and a serene retreat. Boat ramp just minutes away. Showcasing luxury finishes throughout, this home exudes model-home perfection. The open floor plan is adorned with beautiful wood floors and vaulted ceilings highlighted by a striking center beam. At the heart of the spacious living room is a wood burning gas fireplace, ideal for gathering with family and friends. The kitchen is a culinary masterpiece, featuring an expansive island perfect for entertaining, quartz countertops, sleek white cabinetry with glass display fronts, an apron-front farm sink, and high-end stainless-steel appliances, including a six-burner gas cooktop and double convection oven. The dining area offers stunning backyard views and is enhanced by a coffered ceiling. A private study located at the front of the home boasts French doors that open to the front porch and includes a wall of custom built-ins, creating an inspiring workspace. The primary suite is a true sanctuary with a tray ceiling and a spa-like bathroom with dual quartz-topped vanities, a freestanding soaking tub, and an oversized frameless shower with bench. The spacious walk-in closet conveniently connects to the utility room, which includes a sink, additional cabinetry, and plumbing for a refrigerator. One guest bedroom features a private ensuite bath, while the other two share a thoughtfully designed Jack-and-Jill bathroom with dual sinks and a built-in homework station. A versatile game room offers flexible space to suit your lifestyle needs. Step outside to enjoy the fully fenced backyard with a covered patio. The extra-wide driveway leads to a three-car garage. This energy-efficient home includes a tankless water heater, low-E windows, and smart thermostats, ensuring comfort and cost savings year-round.

Details

Property type

Single Family Residence

Est. home value

$809,482

Lot size

1.06 acres

Price per sq ft

$274

Year built

2020

Annual property taxes

$13,279

Monthly HOA fee

$75

Price History

03/27/2025
NTREIS

NTREIS #20878787

Listed
$845,000
10/02/2024
NTREIS

NTREIS #20659106

Removed
07/15/2024
NTREIS

NTREIS #20659106

Price change
$845,000
-3.43%

Schools & Community

Elementary school: 

Godwin

Middle school: 

Mattei

High school: 

Unknown

School district: 

Princeton 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

$372,481
Asking price
$845,000
Closing costs (~8% of asking)
-$67,600
Est. remaining loan balance
-$404,919
Cash to seller
$372,481

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

Seller’s Loan History

Lender

First United Bank & Trust Co

Loan start date

September 2021

Original loan amount

$438,900

Est. remaining balance

$404,919

Interest rate

2.87%

Loan type

New Conventional, 30 year

Seller

Cheryl L Weinhagen and Eric M Weinhagen

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: 03/30/2025 at 7:40 PM

Listing updated: 03/30/2025 at 4:10 PM

Listed by: Shannon Patterson, Coldwell Banker Apex, REALTORS Phone #: (972) 562-5400

MLS: NTREIS #20878787

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