tomo logo

$518,000

Beds
3
Baths
2.0
sq ft
2,096

5029 Bald Cypress Ln, Mckinney, TX 75071

5029 Bald Cypress Ln

McKinney, TX 75071

  • 70 days on market
    • Price drop $2,000↓
Fabulous DREES built home with beautiful pool and wonderful landscaping too! Located in the sought after school district of Prosper ISD! Home is located in the desirable Heatherwood community and close to the neighborhood elementary school (BAKER) and the community pool and splash pad. Home has 3 bedrooms and an office. Get ready for fun summer entertainment and invite your friends over for a pool party! GORGEOUS POOL TILE was recently updated along with plaster. Kitchen has a nice island and plenty of cabinets. Carpet replaced 2021Community also has walking trails and a 10 acre park. Home is close to Baylor, Costco, movies and restaurants.

Details

Property type

Single Family Residence

Est. home value

$486,745

Lot size

7,405.2 sq ft

Price per sq ft

$248

Year built

2007

Annual property taxes

$9,040

HOA fee

$195

Price History

01/06/2025
NTREIS

NTREIS #20776614

Price change
$518,000
-0.38%
12/04/2024
NTREIS

NTREIS #20776614

Price change
$520,000
-3.7%
11/13/2024
NTREIS

NTREIS #20776614

Listed
$540,000

Schools & Community

Elementary school: 

John A Baker

Middle school: 

Bill Hays

High school: 

Rock Hill

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

$53,708
Asking price
$518,000
Closing costs (~8% of asking)
-$41,440
Est. remaining loan balance
-$422,852
Cash to seller
$53,708

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

Seller’s Loan History

Lender

American Pacific Mortgage Corp

Loan start date

April 2022

Original loan amount

$445,500

Est. remaining balance

$422,852

Interest rate

3.92%

Loan type

New Conventional, 30 year

Seller

Hima Nadiminti

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: 01/22/2025 at 11:40 PM

Listing updated: 01/18/2025 at 4:07 PM

Listed by: Shilpa Mishra, WILLIAM DAVIS REALTY Phone #: (972) 732-6002

MLS: NTREIS #20776614

NTREIS logo

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