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$374,900

Beds
3
Baths
2.0
sq ft
1,008

1200 Lela St, Mckinney, TX 75069

1200 Lela St

McKinney, TX 75069

  • 93 days on market
    • Price drop $5,000↓
LOCATION LOCATION LOCATION!!! Many homes claim to be in the historic district of McKinney, but this home is just one block off the Brown Streets Historic District. Most homes are already updated on this street, and you can enjoy strolling through street after street of updated historic homes as you take the short walk to the renowned downtown McKinney square! This charming 3-bedroom, 2-bath home was fully renovated from floor to ceiling in 2022 including electrical wiring, plumbing, sheetrock, fresh interior and exterior paint, floors, windows, all fixtures, appliances, hot water heater, and new fence. You will love the modern open floorplan from the living room to the kitchen, and the updated kitchen includes shaker-style soft close cabinets, granite countertops, a farmhouse sink, Kitchen Aid appliances, a gas cooktop, a built-in oven, and a built-in microwave on the island with butcher block countertop. The primary bedroom has an ensuite bathroom with a modern double-sink vanity and frameless glass walk-in shower. The secondary bedrooms are spacious enough for queen-sized beds, and the Jack-and-Jill style bathroom is also completely updated. This home also has a full-size laundry room-mudroom leading out to the spacious backyard with a perfect outdoor entertainment space and a large storage shed. There is a modern covered carport on the back of the house, and the driveway will accommodate parking two full-sized vehicles. Schedule your private showing today!

Details

Property type

Single Family Residence

Est. home value

$317,166

Lot size

4,791.6 sq ft

Price per sq ft

$372

Year built

1953

Annual property taxes

$4,545

Price History

02/21/2025
NTREIS

NTREIS #20783650

Price change
$374,900
-1.32%
01/30/2025
NTREIS

NTREIS #20783650

Price change
$379,900
-3.8%
01/09/2025
NTREIS

NTREIS #20783650

Price change
$394,900
-1.03%

Schools & Community

Elementary school: 

Caldwell

Middle school: 

Faubion

High school: 

Mckinney Boyd

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

$15,424
Asking price
$374,900
Closing costs (~8% of asking)
-$29,992
Est. remaining loan balance
-$329,484
Cash to seller
$15,424

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

Seller’s Loan History

Lender

The Home Loan Expert Llc

Loan start date

June 2022

Original loan amount

$342,916

Est. remaining balance

$329,484

Interest rate

5.27%

Loan type

VA, 30 year

Seller

Bruce Anders and Peyton Powell

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: 02/23/2025 at 11:10 AM

Listing updated: 02/22/2025 at 3:08 PM

Listed by: Cheryl Gonzales, RE/MAX Dallas Suburbs Phone #: (972) 208-9200

MLS: NTREIS #20783650

NTREIS logo

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