tomo logo

$5,419,000

Beds
6
Baths
10.0
sq ft
12,237

2505 Pelican Ct, Flower Mound, TX 75022

2505 Pelican Ct

Flower Mound, TX 75022

  • 79 days on market
    • Price drop $1,000↓
An Incredible Opportunity to own one of the largest, private 4 acre lots BELOW MARKET VALUE & Under $500k Plus below APPRAISAL value!! Step into opulence at this Manor nestled in a prestigious gated neighborhood. Tucked away in a tranquil cul-de-sac, this manor has meticulously landscaped grounds and BONUS POWER already running on property for that Extra workshop or GARAGE space you can dream up. This RARE estate offers unparalleled privacy and exclusivity and High End Finishes throughout. From the grandeur of the fireplaces to the convenience of the multi gen suite & elevator on 2nd floor, this estate is crafted with the utmost attention to detail and quality. Dual laundry rooms ensure practicality and efficiency, while secret rooms add an element of surprise & delight. Enjoy resort-style living with a lavish pool and expansive outdoor kitchen and living area, perfect for entertaining in style. The avid CAR enthusiast will love the 6 car garage and this property can accomodate more!

Details

Property type

Single Family Residence

Est. home value

$6,147,894

Lot size

4.002 acres

Price per sq ft

$443

Year built

2006

Annual property taxes

$54,380

Monthly HOA fee

$124.92

Price History

06/27/2024
NTREIS

NTREIS #20556559

Price change
$5,419,000
-0.02%
06/18/2024
NTREIS

NTREIS #20556559

Price change
$5,420,000
-0.46%
05/20/2024
NTREIS

NTREIS #20556559

Price change
$5,445,000
-0.91%

Schools & Community

Elementary school: 

Liberty

Middle school: 

Mckamy

High school: 

Flower Mound

Community features: 

Gated

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

$3,290,024
Asking price
$5,419,000
Closing costs (~8% of asking)
-$433,520
Est. remaining loan balance
-$1,695,456
Cash to seller
$3,290,024

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

Seller’s Loan History

Lender

Jpmorgan Chase Bank Na

Loan start date

August 2015

Original loan amount

$2,080,000

Est. remaining balance

$1,695,456

Interest rate

4%

Loan type

New Conventional, 30 year

Seller

James David Henry and Pauline Baquirin Henry

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: 07/07/2024 at 6:20 PM

Listing updated: 07/07/2024 at 3:13 AM

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

MLS: NTREIS #20556559

NTREIS logo

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