tomo logo

$685,000

Beds
5
Baths
4.0
sq ft
3,539

1518 Timber Edge Dr, Mckinney, TX 75072

1518 Timber Edge Dr

McKinney, TX 75072

  • 1 day on market
    • Open house Nov 09
Welcome to your dream home! Step inside through elegant, heavy iron double doors and discover this stunning 5-bedroom, 4-bathroom residence nestled in the desirable Spring Hill neighborhood of Stonebridge Ranch. The sellers have made numerous improvements, including a new kitchen countertop, an induction stove, and a kitchen faucet added in 2024, as well as a new garbage disposal and dimmer switches installed throughout in December 2023, among many others. The ideal floor plan offers a convenient first-floor bedroom and bathroom, while the spacious kitchen provides ample storage for all your culinary needs. Enjoy the added luxury of a wet bar with a wine fridge, perfect for entertaining. With two living areas and a versatile upstairs office—ideal for a nursery or workspace adjacent to the primary suite—this home meets all your needs. The backyard is your private oasis, featuring a sparkling pool, relaxing spa, large covered patio with a built-in grill, and a charming stone fireplace. This is the perfect blend of luxury and comfort, ready to welcome you home!

Details

Property type

Single Family Residence

Est. home value

$691,934

Lot size

6,969.6 sq ft

Price per sq ft

$194

Year built

1995

Annual property taxes

$10,061

Monthly HOA fee

$79.42

Price History

11/06/2024
NTREIS

NTREIS #20768135

Listed
$685,000
03/27/2023
NTREIS

NTREIS #20200882

Removed

Schools & Community

Elementary school: 

Wolford

Middle school: 

Evans

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

$336,096
Asking price
$685,000
Closing costs (~8% of asking)
-$54,800
Est. remaining loan balance
-$294,104
Cash to seller
$336,096

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

Seller’s Loan History

Lender

Synergy One Lending

Loan start date

February 2023

Original loan amount

$300,000

Est. remaining balance

$294,104

Interest rate

6.33%

Loan type

New Conventional, 30 year

Seller

Sara Wyatt

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 6:30 AM

Listing updated: 11/06/2024 at 9:13 PM

Listed by: Diem Goleman, Competitive Edge Realty LLC Phone #: (972) 200-3685

MLS: NTREIS #20768135

NTREIS logo

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