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$725,000

Beds
5
Baths
4.0
sq ft
3,410

1200 Spring Ridge Ln, Flower Mound, TX 75028

1200 Spring Ridge Ln

Flower Mound, TX 75028

  • 23 days on market
    • Price drop $25,000↓
    • Open house Jan 25
Beautiful 5 bedroom home with 3 car garage in the highly desirable subdivision of Stone Hill Farms! This home has a large private backyard with a covered patio, Built-in grill, Fire pit, shed, and pool-spa. Mature trees in the backyard. 3 rooms downstairs including the master. Security Cameras wired throughout the house. Epoxy flooring in the garage. GREAT LOCATION, close to playground, community pool, schools, shopping, restaurants, entertainment & highways. A must see!!

Details

Property type

Single Family Residence

Est. home value

$703,064

Lot size

0.398 acres

Price per sq ft

$213

Year built

2001

Annual property taxes

$10,916

Monthly HOA fee

$52.5

Price History

01/14/2025
NTREIS

NTREIS #20804040

Price change
$725,000
-3.33%
12/29/2024
NTREIS

NTREIS #20804040

Listed
$750,000
08/01/2022
NTREIS

NTREIS #20085276

Removed

Schools & Community

Elementary school: 

Prairie Trail

Middle school: 

Lamar

High school: 

Marcus

Community features: 

Pool, Curbs, Playground, Sidewalks

School district: 

Lewisville 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

$40,657
Asking price
$725,000
Closing costs (~8% of asking)
-$58,000
Est. remaining loan balance
-$626,343
Cash to seller
$40,657

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

Seller’s Loan History

Lender

Amcap Mortgage Ltd

Loan start date

August 2022

Original loan amount

$647,200

Est. remaining balance

$626,343

Interest rate

5.78%

Loan type

New Conventional, 30 year

Seller

Suryalaxmiprasad Vorganti and Abinaya Kamatchi Kumar

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: 01/22/2025 at 4:50 AM

Listing updated: 01/21/2025 at 4:07 PM

Listed by: Shelby Love, Keller Williams Realty-FM Phone #: (972) 874-1905

MLS: NTREIS #20804040

NTREIS logo

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