tomo logo

$725,000

Beds
4
Baths
3.0
sq ft
2,721

3308 Cottonwood Dr, Flower Mound, TX 75028

3308 Cottonwood Dr

Flower Mound, TX 75028

  • 45 days on market
    • Price drop $15,000↓
Welcome to this stunning custom-built newer construction on a beautiful lot with mature trees & impeccable landscaping. Located in the heart of Flower Mound, this home offers a perfect blend of comfort & convenience. Enter to tall ceilings, hardwood floors & high-end finishes. Abundant natural light fills each of the living spaces. Gourmet kitchen w-large island is open to dining & living rooms highlighted by a custom decked vaulted ceiling & wall of windows to the backyard. Enjoy a captivating primary suite and generously sized guest rooms. 4th bedroom is upstairs and currently used as a game room. The large backyard w-dedicated dog run is a relaxing sanctuary for family & friends. The back patio, constructed of pine & cedar, overlooks the spacious backyard with newly added river rock, composite edging & garden beds. Property details include 2x6 exterior wall construction, zip board structural wall system, foam insulation, partially decked attic, full smart home & lots of storage.

Details

Property type

Single Family Residence

Est. home value

$705,652

Lot size

0.236 acres

Price per sq ft

$267

Year built

2020

Price History

06/28/2024
NTREIS

NTREIS #20624918

Price change
$725,000
-2.03%
06/19/2024
NTREIS

NTREIS #20624918

Price change
$740,000
-2.63%
05/23/2024
NTREIS

NTREIS #20624918

Listed
$760,000

Schools & Community

Elementary school: 

Flower Mound

Middle school: 

Clayton Downing

High school: 

Marcus

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

$70,487
Asking price
$725,000
Closing costs (~8% of asking)
-$58,000
Est. remaining loan balance
-$596,513
Cash to seller
$70,487

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

Seller’s Loan History

Lender

Rocket Mortgage Llc

Loan start date

September 2022

Original loan amount

$612,000

Est. remaining balance

$596,513

Interest rate

5.22%

Loan type

New Conventional, 30 year

Seller

Michael Reding and Perla Reding

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 5:10 PM

Listing updated: 07/06/2024 at 4:14 PM

Listed by: Jason Saucedo, Dave Perry Miller Real Estate Phone #: (214) 303-1133

MLS: NTREIS #20624918

NTREIS logo

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