tomo logo

$597,500

Beds
5
Baths
4.0
sq ft
3,110

5665 Binbranch Ln, Mckinney, TX 75071

5665 Binbranch Ln

McKinney, TX 75071

  • 99 days on market
    • Price drop $2,000↓
This upscale home nestled in Robinson Ridge subdivision is designed for luxury and comfort. This meticulous maintained property embodies an open concept floor plan that features an eat-in breakfast area, a stylish kitchen with stainless steel appliances and double oven, lots of cabinet space, and a large island for entertainment. The en-suite primary bedroom encapsulates a vaulted ceilings making a luxurious retreat, glass shower, soaking spa tub, and upgraded vanities and sinks. Walk in a grand entry with a staircase to the upper floors, and an inviting office space that adds natural lighting for those who work from home. Conveniently located near Baylor hospital, retail shopping, and lots of restaurants. Prosper ISD schools. Walking distance from the new Robinson Ridge playground and splash. Schedule an appointment today to learn more about this beautiful home.

Details

Property type

Single Family Residence

Est. home value

$585,583

Lot size

5,968 sq ft

Price per sq ft

$193

Year built

2009

Annual property taxes

$5,060

Monthly HOA fee

$50.5

Price History

11/12/2024
NTREIS

NTREIS #20699570

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

NTREIS #20699570

Listed
$599,500
10/07/2024
NTREIS

NTREIS #20699570

Removed

Schools & Community

Elementary school: 

John A Baker

Middle school: 

Bill Hays

High school: 

Rock Hill

Community features: 

Playground

School district: 

Prosper ISD

Senior community center: 

Yes

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

$55,956
Asking price
$597,500
Closing costs (~8% of asking)
-$47,800
Est. remaining loan balance
-$493,744
Cash to seller
$55,956

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

$493,744

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: Active

Tomo last checked: 11/23/2024 at 9:00 AM

Listing updated: 11/16/2024 at 3:08 PM

Listed by: Felicia Bilbrew, JPAR - Frisco Phone #: (972) 836-9295

MLS: NTREIS #20699570

NTREIS logo

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