tomo logo

$850,000

Beds
3
Baths
3.0
sq ft
3,039

18754 FM 2755, Royse City, TX 75189

18754 FM 2755

Royse City, TX 75189

  • 37 days on market
Welcome to this move-in-ready ranch-style retreat, perfectly set on nearly 9 breathtaking waterfront acres along the tranquil shores of Lake Emerson. This exceptional property offers the ideal blend of country charm and modern convenience, with plenty of room to spread out and make it your own. Inside, you’ll find a gorgeous interior featuring vaulted ceilings, stainless steel appliances, and a sunroom with warm wood ceilings and a freestanding fireplace overlooking the expansive property. The layout is thoughtfully designed with a large mudroom that can double as a safe room offering abundant storage and a massive utility room equipped with an accessible shower for added functionality. This 3-bedroom, 3-bathroom home includes a private guest quarters with its own entrance, kitchen, and bathroom—perfect for multi-generational living or generating rental income. The circular driveway adds a grand entrance to the property, while outside, the estate is equipped for horses or livestock, with two RV parking spots and an opportunity for agricultural exemption.The outdoor living center is a highlight, providing a beautiful space for entertaining or simply enjoying the serenity of your surroundings. With nearly 9 acres of scenic land with two water wells and direct access to Lake Emerson, this property is a rare gem for those seeking a peaceful lifestyle without sacrificing modern amenities. Lake Emerson is a migratory route for Canadian geese, Pelicans and Eagles. Don’t miss your chance to experience the best of Texas country living—schedule your private showing today!

Details

Property type

Single Family Residence

Est. home value

$801,891

Lot size

8.96 acres

Price per sq ft

$280

Year built

2008

Annual property taxes

$7,974

Price History

11/15/2024
NTREIS

NTREIS #20776870

Listed
$850,000
02/15/2022
NTREIS

NTREIS #14688791

Removed

Schools & Community

Elementary school: 

Mary Lou Dodson

Middle school: 

Community Trails

High school: 

Community

School district: 

Community 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

$217,863
Asking price
$850,000
Closing costs (~8% of asking)
-$68,000
Est. remaining loan balance
-$564,137
Cash to seller
$217,863

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

Seller’s Loan History

Lender

Town Square Mortgage & Investments Inc

Loan start date

February 2022

Original loan amount

$600,000

Est. remaining balance

$564,137

Interest rate

3.11%

Loan type

New Conventional, 30 year

Seller

Catherine S Lowrance and David Fletcher Lowrance

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: 12/23/2024 at 2:20 PM

Listing updated: 11/16/2024 at 4:13 AM

Listed by: Christie Cannon, Keller Williams Frisco Stars Phone #: (972) 712-9898

MLS: NTREIS #20776870

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Recently listed in Royse City