tomo logo

$1,449,000

Beds
4
Baths
5.0
sq ft
4,508

1116 Sherman St, Mckinney, TX 75069

1116 Sherman St

McKinney, TX 75069

  • 219 days on market
    • Price drop $141,000↓
Ready for move in new construction Luxury Urban Collection Ron Davis Custom Home in the heart of charming thriving uptown McKinney. Walking distance to Downtown McKinney! Home features a corner lot with covered side porch and covered patio overlooking private fenced back yard, Large windows, two fireplaces and classic Architectural features make this home a destination for luxury buyers. Metal stair railings, wood flooring, study with fireplace down, elegant kitchen with professional appliances, butlers pantry, mud room and large utility crafted with professionally designed features. Master is down with spa bath and designer wardrobe. Ensuite guest bedroom down. Upstairs is oversized game room with built in shelving + 2 bedrooms and Bonus room. The 2 x 6 framed exterior stud walls encase extra insulation for R27 insulation factor for energy savings using solid construction science; designed for comfort and security. The home comes with Lutron lighting control in select areas, Comfort Plus Energy Features & energy efficient appliances.

Details

Property type

Single Family Residence

Est. home value

$180,648

Property condition

New Construction

Lot size

9,703 sq ft

Price per sq ft

$322

Year built

2024

Price History

08/01/2024
NTREIS

NTREIS #20568375

Price change
$1,449,000
-8.87%
04/17/2024
NTREIS

NTREIS #20568375

Listed
$1,590,000
05/04/2023
NTREIS

NTREIS #20290750

Removed

Schools & Community

Elementary school: 

Caldwell

Middle school: 

Faubion

High school: 

Mckinney Boyd

Community features: 

Curbs, Sidewalks

School district: 

McKinney ISD

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Veritex Community Bank

Loan start date

October 2023

Original loan amount

$996,776

Est. remaining balance

Not provided

Interest rate

7.09%

Loan type

Commercial, 2 year

Seller

Premier Renovations Inc

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 9:10 AM

Listing updated: 11/17/2024 at 5:07 PM

Listed by: Shirley Davis, Shirley Boulter Davis, REALTOR Phone #: (972) 680-0365

MLS: NTREIS #20568375

NTREIS logo

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