tomo logo

$2,200,000

Beds
5
Baths
5.0
sq ft
4,827

501 Saint Gabriel Way, Mckinney, TX 75071

501 Saint Gabriel Way

McKinney, TX 75071

  • 24 days on market
    • Price drop $299,999↓
Unicorn property alert!! Located in the heart of Mckinney’s prestigious Stonebridge area, this exclusive gem offers NO HOA restrictions and agricultural zoning, making it an unparalleled opportunity for those seeking luxury, privacy, and limitless possibilities. Custom-designed living space – High-end finishes, open-concept layout, and exquisite craftsmanship throughout. Spacious bedrooms, a gourmet kitchen with custom cabinetry, soaring ceilings, and elegant finishes. This home boosts the option for two masters as one is currently being used as a game room. Resort-style pool and ample space to build additional structures like a barn, guest house, or workshop. Prime Stonebridge location – The best of both worlds—peaceful country living just minutes from McKinney’s top shopping, dining, golf courses, and entertainment. Close to major highways, top-rated schools, and all that McKinney has to offer. A One-of-a-Kind luxury gated estate on 2 acres in Stonebridge Ranch with no HOA and zoned agriculture. This unicorn property is truly one of a kind—an exclusive chance to own a rare, unrestricted estate in one of McKinney’s most sought-after areas. Don’t miss out—schedule your private tour today!

Details

Property type

Single Family Residence

Est. home value

$1,216,554

Lot size

2.0 acres

Price per sq ft

$456

Year built

1998

Annual property taxes

$19,005

Price History

02/22/2025
NTREIS

NTREIS #20830522

Price change
$2,200,000
-12%
01/30/2025
NTREIS

NTREIS #20830522

Listed
$2,499,999
11/05/2021
NTREIS

NTREIS #14668449

Removed

Schools & Community

Elementary school: 

Wilmeth

Middle school: 

Dr Jack Cockrill

High school: 

McKinney North

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

$1,515,083
Asking price
$2,200,000
Closing costs (~8% of asking)
-$176,000
Est. remaining loan balance
-$508,917
Cash to seller
$1,515,083

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

Seller’s Loan History

Lender

Global Lending Solutions Inc

Loan start date

November 2021

Original loan amount

$548,250

Est. remaining balance

$508,917

Interest rate

2.86%

Loan type

New Conventional, 30 year

Seller

Joe Gunn and Mickey Gunn

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: 02/24/2025 at 11:00 AM

Listing updated: 02/22/2025 at 2:27 PM

Listed by: Emmalou Hall, Taylor Realty Associates Phone #: (800) 518-3819

MLS: NTREIS #20830522

NTREIS logo

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