tomo logo

$619,000

Beds
4
Baths
4.0
sq ft
3,372

601 Excalibur Dr, Mckinney, TX 75071

601 Excalibur Dr

McKinney, TX 75071

  • 36 days on market
    • Price drop $6,000↓
Great opportunity for you-Back on market! Welcome to this lovely home on a spacious, private corner lot in the sought-after Cambridge neighborhood! Just a short walk to Minshew Elementary, with Cockrill Middle and McKinney Boyd High nearby. Don’t miss the park, playground, and picturesque catch-and-release pond at the front of the neighborhood. This open floor plan includes wood flooring throughout the entry, study, dining, and family rooms. Cathedral ceilings in the entryway and family room create a grand, airy feel. The study, located off the entry, offers privacy with glass French doors. Upstairs, you'll find three bedrooms, two full baths, and a generously sized game room. The first-floor primary suite offers space for a sitting area or crib. The ensuite bathroom features a garden tub, separate shower, dual vanities, and a large walk-in closet. The kitchen is the heart of the home, with an oversized island, pantry, Bosch dishwasher, and stainless-steel appliances, including a gas cooktop. It opens to the breakfast area and a large family room with views of the expansive backyard. A stone fireplace with gas logs adds warmth and charm to the family room. Additional features include an under-stair closet with built-in shelving, three attics with decking for extra storage, updated kitchen lighting and interior paint (2024), exterior paint (2022), 1 Hot Water Heater was replaced in 2020, and per previous seller, a 50-year roof (2018). The current owners have converted the formal living area into a home office. Outside, enjoy covered porches in the front and back—ideal for relaxing in the beautiful yard. The landscaping features native plants that attract butterflies, creating a vibrant outdoor experience. The extended back patio is perfect for entertaining and includes a gas stub for easy grill hookup—no more propane refills! A charming raised bed vegetable garden sits under the dining room window.

Details

Property type

Single Family Residence

Est. home value

$639,896

Lot size

8,886.24 sq ft

Price per sq ft

$184

Year built

2011

Annual property taxes

$8,567

Monthly HOA fee

$59.33

Price History

11/09/2024
NTREIS

NTREIS #20756679

Price change
$619,000
-0.96%
11/07/2024
NTREIS

NTREIS #20756679

Listed
$625,000
10/28/2024
NTREIS

NTREIS #20756679

Pending
$625,000

Schools & Community

Elementary school: 

Minshew

Middle school: 

Dr Jack Cockrill

High school: 

Mckinney Boyd

Community features: 

Park, Playground

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

$263,391
Asking price
$619,000
Closing costs (~8% of asking)
-$49,520
Est. remaining loan balance
-$306,089
Cash to seller
$263,391

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

Seller’s Loan History

Lender

Prosperity Home Mortgage Llc

Loan start date

July 2020

Original loan amount

$337,025

Est. remaining balance

$306,089

Interest rate

3.24%

Loan type

New Conventional, 30 year

Seller

Aaron Pasel and Larissa Pasel

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 8:45 AM

Listing updated: 11/13/2024 at 11:37 AM

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

MLS: NTREIS #20756679

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