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$520,000

Beds
4
Baths
2.0
sq ft
2,379

515 Meadow Dr, Mckinney, TX 75069

515 Meadow Dr

Lowry Crossing, TX 75069

  • 6 days on market
This well-maintained home sits on a full acre, offering plenty of space and functionality. The 30x30 insulated shop with 220v power is perfect for an RV, extra vehicles, or a dedicated workspace for hobbies and projects. The large covered back patio is built for entertaining, featuring a built-in smoker and wood grill—an ideal spot to enjoy backyard barbecues and neighborhood firework shows on the 4th of July and New Year's Eve. A grid-tied, paid-in-full solar system helps you produce more energy than you consume in the summer, offering significant savings. Inside, natural light fills the home, and a large flex room provides endless possibilities—use it as a dining area, second living space, or game room. The updated kitchen and wood flooring create a warm, inviting atmosphere.The spacious primary suite includes a cozy sitting area or office space, giving you extra room to relax or work from home. 2 Pantries, one in kitchen and large pantry off laundry room. Recent updates include a new roof and gutters (2024) for peace of mind. Plus, a storm shelter on the back patio adds an extra layer of safety. Video doorbell, cameras, storage cabinets on left (east side) inside the shop, and play set all stay. BELOW MARKET RATE available through preferred lender. Love Joy ISD, McKinney ISD, and Frisco ISD all have open enrollment options.

Details

Property type

Single Family Residence

Est. home value

$505,454

Lot size

1.0 acres

Price per sq ft

$219

Year built

1998

Annual property taxes

$6,980

Price History

04/04/2025
NTREIS

NTREIS #20889900

Listed
$520,000
05/24/2023
NTREIS

NTREIS #20242147

Removed

Schools & Community

Elementary school: 

Harper

Middle school: 

Mattei

High school: 

Lovelady

School district: 

Princeton 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

$45,313
Asking price
$520,000
Closing costs (~8% of asking)
-$41,600
Est. remaining loan balance
-$433,087
Cash to seller
$45,313

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 Financing Corp

Loan start date

May 2023

Original loan amount

$442,800

Est. remaining balance

$433,087

Interest rate

6.28%

Loan type

New Conventional, 30 year

Seller

Robert David Lionel Thomas and Ashlie Goodnight Thomas

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: 04/10/2025 at 6:15 PM

Listing updated: 04/07/2025 at 2:11 PM

Listed by: Shelly Kalmus, Berkshire HathawayHS PenFed TX Phone #: (972) 312-8900

MLS: NTREIS #20889900

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