tomo logo

$1,450,000

Beds
4
Baths
3.0
sq ft
3,546

3047 Falcon Rd, Prosper, TX 75078

3047 Falcon Rd

Prosper, TX 75078

  • 113 days on market
    • Price drop $50,000↓
Welcome to a magnificent 2.9-acre LUXURY PROPERTY, in the heart of PROSPER Zoned to the most prestigious PROSPER ISD schools. It is the perfect place to embrace a balanced lifestyle where Rural tranquility meets urban convenience. With over 300K in UPDATES this captivating oasis offers a tranquil escape with its FULLY STOCKED POND, Beautifully enclosed CHICKEN COOP, NO HOA giving you endless opportunities.Dive into bliss in the beautiful pool, perfect for relaxation or entertaining. Multiple fireplaces throughout the home provide warmth and ambiance, creating cozy spaces to gather and unwind. And as the sun sets, the outdoor fire pit beckons, inviting you to revel in the enchanting glow while sharing stories and creating memories. Embrace the epitome of elegance in this paradisiacal haven, where nature's beauty and luxurious living seamlessly intertwine. The perfectly updated Kitchen with its attention to detail is a chefs dream, beautiful Taj Mahal stone through out.

Details

Property type

Single Family Residence

Est. home value

$2,464,921

Lot size

2.934 acres

Price per sq ft

$409

Year built

1997

Annual property taxes

$19,249

Price History

09/26/2024
NTREIS

NTREIS #20645889

Price change
$1,450,000
-3.33%
07/31/2024
NTREIS

NTREIS #20645889

Price change
$1,500,000
-6.25%
07/19/2024
NTREIS

NTREIS #20645889

Price change
$1,600,000
-7.51%

Schools & Community

Elementary school: 

Light Farms

Middle school: 

Reynolds

High school: 

Prosper

School district: 

Prosper 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

$789,629
Asking price
$1,450,000
Closing costs (~8% of asking)
-$116,000
Est. remaining loan balance
-$544,371
Cash to seller
$789,629

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

Seller’s Loan History

Lender

Arc Home Llc

Loan start date

August 2022

Original loan amount

$560,000

Est. remaining balance

$544,371

Interest rate

5.7%

Loan type

New Conventional, 30 year

Seller

Matt Wade Malear and Cassidy Malear

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: 10/04/2024 at 10:30 PM

Listing updated: 09/28/2024 at 1:04 PM

Listed by: Shannon McDougal, Monument Realty Phone #: (214) 705-7827

MLS: NTREIS #20645889

NTREIS logo

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