tomo logo

$385,000

Beds
3
Baths
2.0
sq ft
2,013

729 Lake Sierra Way, Little Elm, TX 75068

729 Lake Sierra Way

Little Elm, TX 75068

  • 1 day on market
Beautifully Updated 1-Story Home in Paloma Creek! This charming home in the sought-after lakeside community of Paloma Creek has been freshly painted throughout, has a new roof and is move-in ready! Enjoy access to the lake, scenic walking paths, greenbelts, and fantastic community amenities. Step inside to an inviting open-concept layout featuring a spacious living room with high ceilings, a cozy fireplace, and a versatile pocket space. The richly appointed kitchen boasts granite countertops, ample cabinetry, an upgraded backsplash, and plenty of prep space. The serene master suite offers a relaxing retreat with a large layout, dual sinks, a walk-in closet, and a separate shower. A private study or den provides flexibility as a home office, playroom, or hobby space. Outside, the large backyard and covered patio create the perfect setting for entertaining and enjoying the outdoors. Don’t miss this incredible opportunity to make this beautifully updated home yours!

Details

Property type

Single Family Residence

Est. home value

$389,179

Lot size

5,488.56 sq ft

Price per sq ft

$192

Year built

2017

Annual property taxes

$8,411

HOA fee

$275

Price History

02/22/2025
NTREIS

NTREIS #20845027

Listed
$385,000
06/24/2021
NTREIS

NTREIS #14585847

Removed

Schools & Community

Elementary school: 

Oak Point

Middle school: 

Lakeside

High school: 

Little Elm

Community features: 

Pool, Clubhouse, Fitness Center, Playground

School district: 

Little Elm 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

$95,103
Asking price
$385,000
Closing costs (~8% of asking)
-$30,800
Est. remaining loan balance
-$259,097
Cash to seller
$95,103

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

Seller’s Loan History

Lender

Michigan Mutual Inc

Loan start date

September 2021

Original loan amount

$280,500

Est. remaining balance

$259,097

Interest rate

2.8%

Loan type

New Conventional, 30 year

Seller

Brian Calaway and Lori Calaway

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?

Status: Active

Tomo last checked: 02/23/2025 at 8:35 PM

Listing updated: 02/22/2025 at 3:12 PM

Listed by: Terri Egstad, Pinnacle Realty Advisors Phone #: (972) 338-5441

MLS: NTREIS #20845027

NTREIS logo

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