tomo logo

$1,795,000

Beds
5
Baths
6.0
sq ft
5,926

7265 Waters Edge Dr, The Colony, TX 75056

7265 Waters Edge Dr

The Colony, TX 75056

  • 98 days on market
    • Price drop $80,000↓
A stunning Lakehouse in the gated community of Waters Edge in middle of the Colony with AMAZING sunset views. Private Portable dock is available for you to pull your boat up to it. Great views of the lake from every part of the house with Gorgeous full over the lake sunset and sunrise views. This house is just minutes away from Hwy 121, Grandscape, Legacy West and the Star. It was a former builder's residence and has lots of amazing features and upgrades. Abundant natural light all throughout the house. Kitchen has a DCS commercial 6 burner gas cooktop and double oven with a Thermador vent hood and customized cabinetry. Texas size pool w spa, 3 fireplaces, 5-car garage that includes a large boat and jet ski storage garage, private guest quarters overlooking pool with kitchenette & full bath. The floor plan includes a large laundry room on each floor, game room w balcony, media room, ensuite bedrooms, elegant formals, and private executive study with Fireplace. This will not last!

Details

Property type

Single Family Residence

Est. home value

$1,609,842

Lot size

0.516 acres

Price per sq ft

$303

Year built

1999

Annual property taxes

$30,374

Monthly HOA fee

$150

Price History

07/25/2024
NTREIS

NTREIS #20622273

Price change
$1,795,000
-4.27%
06/13/2024
NTREIS

NTREIS #20622273

Listed
$1,875,000
10/31/2022
NTREIS

NTREIS #20158489

Removed

Schools & Community

Elementary school: 

Ethridge

Middle school: 

Lakeview

High school: 

The Colony

Community features: 

Gated, Curbs, Lake

School district: 

Lewisville 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

$1,529,237
Asking price
$1,795,000
Closing costs (~8% of asking)
-$143,600
Est. remaining loan balance
-$122,163
Cash to seller
$1,529,237

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

Seller’s Loan History

Lender

Mortgage Acceptance Corp

Loan start date

September 2002

Original loan amount

$260,000

Est. remaining balance

$122,163

Interest rate

6.31%

Loan type

Not Provided, 30 year

Seller

Paul Gorske and Julie Gorske

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: 09/20/2024 at 2:30 AM

Listing updated: 09/19/2024 at 2:49 PM

Listed by: Enayat Ziaie, Z Prime Realty LLC Phone #: (214) 336-4188

MLS: NTREIS #20622273

NTREIS logo

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