tomo logo

$5,000,000

Beds
8
Baths
9.5
sq ft
10,500

5541 Nancy Dr, Chandler, TX 75758

5541 Nancy Dr

Chandler, TX 75758

  • 59 days on market
Waterfront masterpiece with 438' of shoreline on Lake Palestine! This approx. 10,500 sqft home, built in the style of an authentic English Cotswold Manor house, was lovingly researched & painstakingly built to replicate the exquisite architectural details found in these stately homes. From the stone entrance & aged concrete drive to the cobblestone circular drive, you feel yourself transported to the English countryside. The circa 1800's front door leads you into a grand entry hall, with marble tile & breathtaking views of the lake through windows of the formal living/study complete with stone fireplace. The formal dining features herringbone European oak flooring and sliding paneled doors. Doors in this home are solid stained quarter sawn oak. The Great Room has quarter sawn oak paneling, hidden storage behind oak panels, stone fireplace, European oak flooring & posts/beams. Enjoy majestic views of the lake from the casement windows spanning the cast stone back wall. From the Great Room & Game Room, access the delightful Loggia w/ fireplace, outdoor kitchen, motorized screens, & exceptional elevated views of the lake. The home gym is located adjacent to the Game Room w/add'l bath. Open concept gourmet kitchen w/ Wood Mode custom cabinetry includes large island, Sub-Zero refrigerator & freezer, Wolf range & microwave, Scotsman ice maker & stone tile walls. Spacious pantry, accessed by circa 1800's vintage door, holds add'l Sub-Zero refrigerator/freezer & storage. Natural light from lake-facing windows & the relaxed, peaceful feel of the master bedroom flows into the exquisite master bath complete w/ custom hand etched tile, separate vanities, lg glass shower, self-cleaning Jacuzzi tub & the spacious master closet. A large Safe Room & add'l Guest Suite are located downstairs. Upstairs are 6 add'l bedroom suites - 2 over-sized to accommodate larger families + bonus/media room. Solar panels, generator, propane tanks, 3 stall boathouse w/stereo, A/C & MUCH more!

Details

Property type

Single Family Residence

Est. home value

$3,987,102

Lot size

1.74 acres

Price per sq ft

$477

Year built

2017

Annual property taxes

$72,823.89

Price History

07/22/2024
TylerTX

TylerTX #24010078

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

Houston #51933749

Removed

Schools & Community

Elementary school: 

Chandler

Middle school: 

Chandler

High school: 

Brownsboro

Community features: 

Gated

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

$2,697,733
Asking price
$5,000,000
Closing costs (~8% of asking)
-$400,000
Est. remaining loan balance
-$1,902,267
Cash to seller
$2,697,733

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

$1,902,267

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

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$4,599,000
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21395 Jamison Rd, Chandler, TX 75758

Status: Active

Tomo last checked: 09/20/2024 at 1:30 AM

Listing updated: 07/29/2024 at 11:54 AM

Listed by: Dana C Staples, Staples Sotheby's International Realty

MLS: TylerTX #24010078

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