tomo logo

$469,800

Beds
3
Baths
2.0
sq ft
2,101

5201 Lake Bend Dr, Mckinney, TX 75071

5201 Lake Bend Dr

McKinney, TX 75071

    Live in US Top rated #12 Zip code! See this UPDATED one Story home in Villages of Lake Forest. 3 Bedrooms are split, with a French Door Study, 2 Dining rooms, wood floors...no carpets here. Fresh interior paint in nuetral tones, stone accents, art niches & updated lighting. Gourmet Kitchen, island and breakfast bar have granite counters & SS appliances, gas range and island. This Modern kitchen has Tuxedo-style White upper & Black lower cabinetry and island. This central Kitchen opens to both Dining areas & Living room- great for entertaining. The living room has wood floors with a fabulous custom built-in entertainment center- stylish display shelves. See the corner fireplace with stacked stone accent wall. Casual dining leads to the covered patio and large grassy yard. Primary Bedroom is private with wood floors, sitting area and Bay windows. Plus a barn-door entry to the remodeled bath with a modern Soaking tub, frameless shower & dual vanities.The 2nd & 3rd Bedrooms are split, with wood floors & walkways and laundry room. see the updated Full bath has granite counters with a vessel sink, subway tiled shower-tub, modern hardware & lighting. Fresh Interior Paint in Neutral tones-2023. HVAC Trane 12 Ton unit installed in 2024. Kids & Pets will love the private & grassy backyard with a covered patio. Premier location is a quick 10 minute drive to Historic Downtown McKinney, shopping & dining. Plus a Community Pool & extensive trail systems. McKinny Boyd High is just a few blocks with in this subdivision, plus a community pool & trails. McKinney Boyd High is just a few blocks within this subdivision!

    Details

    Property type

    Single Family Residence

    Est. home value

    $487,954

    Lot size

    8,712 sq ft

    Price per sq ft

    $224

    Year built

    2003

    Annual property taxes

    $6,409

    Monthly HOA fee

    $38.75

    Price History

    02/15/2025
    NTREIS

    NTREIS #20825582

    Listed
    $469,800
    02/13/2025
    NTREIS

    NTREIS #20825582

    Pending
    $469,800
    01/26/2025
    NTREIS

    NTREIS #20825582

    Removed

    Schools & Community

    Elementary school: 

    Minshew

    Middle school: 

    Dr Jack Cockrill

    High school: 

    Mckinney Boyd

    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

    $295,320
    Asking price
    $469,800
    Closing costs (~8% of asking)
    -$37,584
    Est. remaining loan balance
    -$136,896
    Cash to seller
    $295,320

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

    Seller’s Loan History

    Lender

    Jpmorgan Chase Bank Na

    Loan start date

    December 2014

    Original loan amount

    $175,200

    Est. remaining balance

    $136,896

    Interest rate

    3.92%

    Loan type

    New Conventional, 30 year

    Seller

    Elvira Lewis and Elvira White Lewis

    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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    Tomo last checked: 02/23/2025 at 10:40 AM

    Listing updated: 02/15/2025 at 8:37 PM

    Listed by: Lynn Slaney, Ebby Halliday, REALTORS Phone #: (972) 335-6564

    MLS: NTREIS #20825582

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