tomo logo

$5,000,000

Beds
8
Baths
10.0
sq ft
10,500

5541 Nancy Dr, Chandler, TX 75758

5541 Nancy Dr

Chandler, TX 75758

  • 107 days on market
Waterfront masterpiece on Lake Palestine with 438’ shoreline! English Cotswold Manor house design, lovingly researched & painstakingly built. Stone entrance, aged concrete drive, cobblestone circular drive. The circa 1800's front door leads to grand entry hall, formal dining, great room (quarter sawn oak paneling, hidden storage behind oak panels, stone fireplace, European oak flooring & posts & beams), & pantry with sub-zero refrigerator. Gourmet kitchen with Wood Mode cabinetry, Sub-Zero fridge & freezer, Wolf range & microwave, Scotsman ice maker & stone tile walls., Home gym, billiards room, safe room with steel door, marble flooring, & en-suite baths throughout. Upstairs Upstairs are 6 add'l bedroom suites - 2 over-sized to accommodate larger families + bonus or media room. Outdoor fireplace & kitchen, terrace, & boathouse with 3 electric lifts. Solar water heater, generator, foam insulation, hospital grade water filtration. Amenities are endless!

Details

Property type

Single Family Residence

Est. home value

$3,987,102

Lot size

1.736 acres

Price per sq ft

$477

Year built

2015

Annual property taxes

$72,823

Monthly HOA fee

$146

Price History

07/29/2024
NTREIS

NTREIS #20686349

Listed
$5,000,000
03/14/2022
NTREIS

NTREIS #14648476

Removed

Schools & Community

Elementary school: 

Chandler

Middle school: 

Unknown

High school: 

Brownsboro

Community features: 

Gated, Clubhouse, Fishing, Lake

School district: 

Brownsboro 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

$2,704,561
Asking price
$5,000,000
Closing costs (~8% of asking)
-$400,000
Est. remaining loan balance
-$1,895,439
Cash to seller
$2,704,561

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

Seller’s Loan History

Lender

Gardner Financial Services Ltd Dba Legac

Loan start date

March 2022

Original loan amount

$2,000,000

Est. remaining balance

$1,895,439

Interest rate

3.55%

Loan type

New Conventional, 30 year

Seller

William Michael Sims and Flagpole Hill Holdings Revocable Trust

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?

Similar Homes Nearby

NTREIS
$4,599,000
7 bd
|
10 ba
|
9,034 sq ft
|
House

21395 Jamison Rd, Chandler, TX 75758

Status: Active

Tomo last checked: 11/13/2024 at 11:15 PM

Listing updated: 11/05/2024 at 9:42 AM

Listed by: Dana Staples, Staples Sotheby's Internationa Phone #: (903) 876-1051

MLS: NTREIS #20686349

NTREIS logo

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