tomo logo

$515,000

Beds
5
Baths
4.0
sq ft
2,972

2848 Fair Timber Way, Mckinney, TX 75071

2848 Fair Timber Way

McKinney, TX 75071

  • 8 days on market
This stunning 5-bedroom home offers a fantastic floor plan in a prime location! Situated on a spacious corner lot, it boasts ample storage, including walk-in closets in most bedrooms, extra closet space throughout, a walk-in attic, and under-the-stairs storage. Wood floors flow throughout the main level, complemented by abundant natural light. Beautiful feature tile fireplace is the focus of the living room! The open-concept kitchen features a large island, perfect for meal prep and entertaining. The downstairs primary suite features a stunning chandelier and a spacious ensuite bathroom. Generous-sized downstairs office - perfect for working from home! Upstairs, you'll find a four generously sized bedrooms and a massive game room with a projector screen that provides endless possibilities for relaxation and fun. Versatile landing with a built-in workspace—ideal for homework or crafting. Both upstairs full bathrooms have dual sinks. Step outside to a large backyard with a patio, offering plenty of room for barbecues, pets, and play. Just a short drive to Downtown McKinney and convenient access to major highways!

Details

Property type

Single Family Residence

Est. home value

$498,684

Lot size

6,969.6 sq ft

Price per sq ft

$174

Year built

2007

Annual property taxes

$8,370

HOA fee

$417

Price History

02/14/2025
NTREIS

NTREIS #20842026

Listed
$515,000
06/01/2021
NTREIS

NTREIS #14542541

Removed

Schools & Community

Elementary school: 

Naomi Press

Middle school: 

Johnson

High school: 

McKinney North

Community features: 

Pool, Fishing, Park, Playground, Sidewalks

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

$136,120
Asking price
$515,000
Closing costs (~8% of asking)
-$41,200
Est. remaining loan balance
-$337,680
Cash to seller
$136,120

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

Seller’s Loan History

Lender

Lakeview Community Capital Llc

Loan start date

March 2022

Original loan amount

$358,612

Est. remaining balance

$337,680

Interest rate

3.45%

Loan type

New Conventional, 30 year

Seller

Michael S Zaldivar and Ashley E Zaldivar

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: 02/23/2025 at 5:45 AM

Listing updated: 02/19/2025 at 12:42 PM

Listed by: Taffney Wilson, Keller Williams Realty Allen Phone #: (972) 747-5100

MLS: NTREIS #20842026

NTREIS logo

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