tomo logo

$1,295,000

Beds
5
Baths
5.0
sq ft
3,282

7637 W Shore Dr, The Colony, TX 75056

7637 W Shore Dr

The Colony, TX 75056

  • 247 days on market
Lakefront dream property on Lake Lewisville! Home custom built by the desireable team at Our Country Homes, perfectly positioned for enjoying sunsets on the lake. Designed with family and entertaining in mind the large kitchen opens up freely to the dining and living area and then flows right outdoors to the all-season patio equipped with heaters, fans and a fireplace for comfortable enjoyment of the lake life even when it is cold! The two bedrooms on the main floor have a Jack and Jill bath, with an option to use one bedroom as a media room instead. Upstairs features 3 additional bedrooms all with en suite baths and plenty of extra build out space if needed! Back yard is a nice flat and grassy space perfect for backyard play and a future pool. Not to be overlooked is the overbuilt garage that can accommodate two ski boats! Come get away and relax in this true active lake community, with friendly neighbors, no HOA, all just 18 minutes from Frisco and 20m to DFW airport.

Details

Property type

Single Family Residence

Est. home value

$1,376,580

Lot size

0.394 acres

Price per sq ft

$395

Year built

2021

Annual property taxes

$14,599

Price History

04/25/2024
NTREIS

NTREIS #20592514

Listed
$1,295,000
04/20/2024
NTREIS

NTREIS #20592514

Removed
04/19/2024
NTREIS

NTREIS #20592514

Listed
$1,280,000

Schools & Community

Elementary school: 

Ethridge

Middle school: 

Lakeview

High school: 

The Colony

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

$720,634
Asking price
$1,295,000
Closing costs (~8% of asking)
-$103,600
Est. remaining loan balance
-$470,766
Cash to seller
$720,634

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

Seller’s Loan History

Lender

Homewood Mortgage Llc

Loan start date

February 2022

Original loan amount

$500,996

Est. remaining balance

$470,766

Interest rate

3.05%

Loan type

New Conventional, 30 year

Seller

Melanie Louise Kelly and Martin Alan Kelly

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: 12/23/2024 at 5:10 AM

Listing updated: 10/24/2024 at 8:02 PM

Listed by: Kye Fadeley, Lake Homes Realty, LLC Phone #: (866) 525-3466

MLS: NTREIS #20592514

NTREIS logo

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