tomo logo

$405,000

Beds
3
Baths
2.0
sq ft
1,747

5201 Rustic Ridge Dr, Mckinney, TX 75071

5201 Rustic Ridge Dr

McKinney, TX 75071

  • 15 days on market
Welcome to a home that combines comfort, savings & unbeatable location in the heart of McKinney! With over 1,700 sq ft, this single-story home offers a thoughtful design + a sense of welcoming space from the moment you walk through the round rotunda foyer that opens up to a bright, open-concept living area where kitchen, dining, living room flow seamlessly together—ideal for gatherings & cooking. Kitchen truly shines as the heart of the home, complete w electric cooktop, generous countertop space, ample cabinetry, kitchen island + large walk-in pantry. Home includes 3 spacious bdrms & 2 full baths, 2 car front entry garage. The master suite, privately tucked away, has an ensuite bath & walk-in closet. Secondary bdrms in split flrpln, ideal for guests, family, or office space. Standout feature—fully paid-off solar panels at closing! Imagine stepping into a home where your energy savings start from Day1. With rising energy costs, having solar already paid off gives you control over your utility expenses, locking in lower, more predictable bills without any added investment. It’s like a discount on your utilities each month, offering you financial peace of mind now and for years to come. Enjoy an oversized backyard with an extended patio and wooden pergola—perfect for outdoor dining, relaxation, endless options to create your own space. With room to spare, this backyard is a rare find in today’s newer homes. Situated near Hwy 380 and Lake Forest, you’re minutes from Baylor Scott & White Medical Center, Costco, Cinemark, lots of dining, retail & shopping spots. Easy access to McKinney’s amenities, top-rated Prosper ISD schools, this home is more than just a place to live—it’s an investment in lifestyle and value. Don’t miss the chance to make this exceptional property your own. Schedule a showing today and step into a home that offers comfort, convenience, and lasting savings!

Details

Property type

Single Family Residence

Est. home value

$421,142

Lot size

7,405.2 sq ft

Price per sq ft

$232

Year built

2009

Annual property taxes

$6,013

Monthly HOA fee

$28.75

Price History

11/07/2024
NTREIS

NTREIS #20760785

Listed
$405,000
07/31/2020
NTREIS

NTREIS #14285530

Removed

Schools & Community

Elementary school: 

Mike and Janie Reeves

Middle school: 

Jones

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

$134,374
Asking price
$405,000
Closing costs (~8% of asking)
-$32,400
Est. remaining loan balance
-$238,226
Cash to seller
$134,374

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

Seller’s Loan History

Lender

Texas Republic Bank Na

Loan start date

October 2021

Original loan amount

$255,000

Est. remaining balance

$238,226

Interest rate

2.88%

Loan type

New Conventional, 30 year

Seller

Timothy James Black and Emily Anne Black

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: 11/23/2024 at 5:40 AM

Listing updated: 11/15/2024 at 5:47 PM

Listed by: Loreena Yeo, 3:16 Team Realty LLC Phone #: (214) 529-6003

MLS: NTREIS #20760785

NTREIS logo

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