tomo logo

$525,000

Beds
4
Baths
2.0
sq ft
2,159

5513 S Briar Ridge Cir, Mckinney, TX 75072

5513 S Briar Ridge Cir

McKinney, TX 75072

  • <1 day on market
Beautifully Updated Farmhouse-Style Home in highly sought-after Stonebridge Ranch. Zoned for top-rated McKinney ISD schools, it offers both style and convenience in a prime location. Step inside and be captivated by the warm, inviting ambiance—rich wood floors flow seamlessly through the living areas and bedrooms, adding timeless character. The stunningly remodeled kitchen is a showstopper, featuring white shaker-style cabinetry, luxurious marble countertops, and a classic subway tile backsplash, all illuminated by striking pendant lighting. The open-concept design leads into a cozy living room, where a gas log fireplace with a shiplap surround and a wall of windows fill the space with natural light. The primary suite is a serene retreat with a stylish accent wall and an ensuite bath, complete with dual sinks, a jetted tub, a separate shower, and a spacious walk-in closet. Three additional guest bedrooms offer comfort and flexibility, while the updated hall bath boasts granite countertops and white vanity. A separate utility room with built-in cabinetry adds extra convenience. Outside, the private backyard features an open patio and a freshly stained fence, perfect for relaxing or entertaining. As a resident of Stonebridge Ranch, you'll enjoy an array of top-tier amenities, including the Beach Club, Aquatic Center, Tennis and Pickleball courts, playgrounds, parks, fishing lakes, and scenic hike and bike trails.

Details

Property type

Single Family Residence

Est. home value

$540,061

Lot size

6,969.6 sq ft

Price per sq ft

$244

Year built

1992

Annual property taxes

$8,377

Monthly HOA fee

$79.42

Price History

03/06/2025
NTREIS

NTREIS #20860846

Listed
$525,000
12/07/2021
NTREIS

NTREIS #14701334

Removed

Schools & Community

Elementary school: 

Glenoaks

Middle school: 

Dowell

High school: 

Mckinney Boyd

Community features: 

Pool, Clubhouse, Fishing, Lake, Park, Playground, Tennis Court(s)

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

$117,407
Asking price
$525,000
Closing costs (~8% of asking)
-$42,000
Est. remaining loan balance
-$365,593
Cash to seller
$117,407

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

Seller’s Loan History

Lender

First Bank

Loan start date

December 2021

Original loan amount

$392,000

Est. remaining balance

$365,593

Interest rate

3.09%

Loan type

New Conventional, 30 year

Seller

Kyle Hakeem Olakunle Olugbode and Madison Patricia Meade Olugbode

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: 03/06/2025 at 10:40 AM

Listing updated: 03/06/2025 at 6:32 AM

Listed by: Shannon Patterson, Coldwell Banker Apex, REALTORS Phone #: (972) 562-5400

MLS: NTREIS #20860846

NTREIS logo

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