tomo logo

$1,150,000

Beds
4
Baths
3.0
sq ft
3,812

1998 McDonald Rd, Rockwall, TX 75032

1998 McDonald Rd

Rockwall, TX 75032

  • 3 days on market
This exceptional 1.5 acre custom designed home and barn wows upon entering with a dramatic wall of windows that maximize the breathtaking panoramic country views. Enjoy the most amazing sunsets and sunrises from the patios. Nestled among large properties with million dollar homes, it is a slice of country living just east of Lake Ray Hubbard. Secluded privacy while being a short 22 miles from downtown Dallas and minutes from Heath and Rockwall amenities and schools. Custom floor plan adaptable for multigenerational living, remote workspaces, or guest accommodations. Families will enjoy spacious bedrooms with large walk in closets, an abundance of storage space, large laundry room, huge game and exercise or bedroom and media room for family nights. Plenty of room to entertain by the infinity pool and covered porch. Many recent enhancements include upgraded kitchen cabinets, counters, stove, infinity pool refresh with tile and pool equipment and fresh paint throughout. These enhanced features add both functionality and luxury, such as epoxy garage floors for a polished, durable look and the primary suite with a custom closet and spa inspired bathroom. Having a barn on the property provides for the perfect space for boat storage, garden equipment, toys, horses or whatever you dream. Outside the city limits. NO CITY TAXES. NO HOA.

Details

Property type

Single Family Residence

Est. home value

$913,294

Lot size

1.53 acres

Price per sq ft

$302

Year built

1992

Annual property taxes

$11,663

Price History

11/10/2024
NTREIS

NTREIS #20774877

Listed
$1,150,000
08/11/2024
NTREIS

NTREIS #20511504

Removed
06/12/2024
NTREIS

NTREIS #20511504

Listed
$1,100,000

Schools & Community

Elementary school: 

Linda Lyon

Middle school: 

Cain

High school: 

Rockwall

School district: 

Rockwall 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

$651,193
Asking price
$1,150,000
Closing costs (~8% of asking)
-$92,000
Est. remaining loan balance
-$406,807
Cash to seller
$651,193

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

Seller’s Loan History

Lender

Bank Of America Na

Loan start date

March 2022

Original loan amount

$450,000

Est. remaining balance

$406,807

Interest rate

3.56%

Loan type

New Conventional, 20 year

Seller

Margaret F Moschetto and Michael Moschetto

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?

Status: Active

Tomo last checked: 11/13/2024 at 9:05 PM

Listing updated: 11/11/2024 at 5:13 AM

Listed by: Lori Ericsson, David Griffin & Company Phone #: (214) 526-5626

MLS: NTREIS #20774877

NTREIS logo

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