tomo logo

$395,000

Beds
2
Baths
3.0
sq ft
1,538

5321 Locust Dr, Mckinney, TX 75070

5321 Locust Dr

McKinney, TX 75070

  • 101 days on market
    • Price drop $5,000↓
Discover this stunning and spacious townhome nestled in an exceptional neighborhood! Enjoy low-maintenance living with easy access to Hwy 121, shopping, and dining. The open floor plan boasts a chef’s dream kitchen, complete with an island, granite countertops, and ample cabinet and counter space. The master suite is a true retreat, featuring a garden tub, separate shower, dual sinks, and a HUGE walk-in closet. Both bedrooms come with their own private full baths. Community amenities include a clubhouse, pool, lake, and green space. This is a must-see!

Details

Property type

Townhouse

Est. home value

$347,821

Lot size

1,960.2 sq ft

Price per sq ft

$257

Year built

2008

Annual property taxes

$5,722

Monthly HOA fee

$355

Price History

10/11/2024
NTREIS

NTREIS #20688448

Price change
$395,000
-1.25%
08/25/2024
NTREIS

NTREIS #20688448

Price change
$400,000
-5.88%
07/30/2024
NTREIS

NTREIS #20688448

Listed
$425,000

Schools & Community

Elementary school: 

Evans

Middle school: 

Ereckson

High school: 

Allen

School district: 

Allen 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

$231,794
Asking price
$395,000
Closing costs (~8% of asking)
-$31,600
Est. remaining loan balance
-$131,606
Cash to seller
$231,794

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

Seller’s Loan History

Lender

Fairway Independent Mortgage Corp

Loan start date

December 2021

Original loan amount

$140,000

Est. remaining balance

$131,606

Interest rate

3.09%

Loan type

New Conventional, 30 year

Seller

Richard B Stonich and Debora L Stonich

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: 11/08/2024 at 10:50 AM

Listing updated: 10/30/2024 at 4:37 PM

Listed by: Joshua Evans, Central Metro Realty Phone #: (512) 454-6873

MLS: NTREIS #20688448

NTREIS logo

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