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$585,583Estimated home value

Beds
5
Baths
4.0
sq ft
3,110

5665 Binbranch Ln, Mckinney, TX 75071

5665 Binbranch Ln

McKinney, TX 75071

  • Sold On 2/17/2023
The sellers are also offering a 10K buyer concession to be used at the buyer's discretion... interior updates or put it toward their closing costs. Buyer's choice. This upscale home with two bedrooms downstairs makes this floor plan flexible for all generations. The open-concept floor plan with an eat-in breakfast area and expansive living area with a cast stone fireplace make this house easy to call home. You will love the grand entry and stairway to the upper floor, endless vaulted ceilings, and the bright and inviting office space for those work-from-home days. The well-appointed kitchen features loads of cabinet space and the large island will make entertaining a breeze. If more space is what you are looking for, the upstairs offers additional bedrooms and a 5th bedroom or additional living area. Conveniently located near Baylor hospital, abundant medical offices, retail shopping, and restaurants! Come feel the warmth and welcome of this sweet home!

Details

Property type

Single Family Residence

Est. home value

$585,583

Lot size

5,967.72 sq ft

Price per sq ft

$190

Year built

2009

Annual property taxes

$8,085

Monthly HOA fee

$50.5

Price History

12/21/2024
NTREIS

NTREIS #20699570

Removed
11/12/2024
NTREIS

NTREIS #20699570

Price change
$597,500
-0.33%
10/09/2024
NTREIS

NTREIS #20699570

Listed
$599,500

Schools & Community

Elementary school: 

John A Baker

Middle school: 

Bill Hays

High school: 

Rock Hill

Community features: 

Playground, Pool

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

$49,481
Asking price
$589,900
Closing costs (~8% of asking)
-$47,192
Est. remaining loan balance
-$493,227
Cash to seller
$49,481

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

Seller’s Loan History

Lender

Dallas Mortgage Associates

Loan start date

February 2023

Original loan amount

$504,000

Est. remaining balance

$493,227

Interest rate

6.42%

Loan type

VA, 30 year

Seller

John L Houston

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: Off Market

Tomo last checked: 12/24/2024 at 7:15 AM

Listing updated: 02/17/2023 at 11:48 AM

Listed by: Holly Milstead, Keller Williams NO. Collin Cty Phone #: (972) 562-8883

MLS: NTREIS #20137700

NTREIS logo

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