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$579,990

Beds
3
Baths
4.0
sq ft
2,546

816 Chapel Hill Ln, Mckinney, TX 75069

816 Chapel Hill Ln

McKinney, TX 75069

  • <1 day on market
    • Open house Feb 23
Welcome to an amazing home in the beautiful, peaceful neighborhood of Chapel Hill. The gorgeous 3 bedroom, 3.5 bath home boasts a fabulous, updated kitchen with Stainless Steel appliances, updated backsplash & vent hood, gas range and lots of cabinet space! The office is painted a soft serene color and shares a double-sided fireplace with the main living room. It’s a perfect space for those who work from home. The living room is open to the kitchen and dining area which is great for entertaining. On the first floor, you’ll also find a guest bedroom with an ensuite bathroom and roomy closet. Upstairs, you’ll find a game room or second living room with beautiful wood floors, as well as a very spacious Primary bedroom with a lovely ensuite bath with a large walk-in closet. There is also another full bath and guest bedroom on the 2nd floor. The 2-car garage is detached and has an unfinished bonus room above that can be finished out and used to fit your needs. This is truly a wonderful home with many updates including interior paint, recessed lighting, updated ceiling fans, HVAC system, and kitchen backsplash. The HOA covers front yard mowing which is a nice perk! The location is near Historic downtown McKinney and just minutes to restaurants, major shopping and Central Expwy.

Details

Property type

Single Family Residence

Est. home value

$508,855

Lot size

4,791.6 sq ft

Price per sq ft

$228

Year built

2006

Annual property taxes

$7,414

HOA fee

$850

Price History

02/21/2025
NTREIS

NTREIS #20846905

Listed
$579,990
12/05/2024
NTREIS

NTREIS #20739179

Removed
11/08/2024
NTREIS

NTREIS #20739179

Price change
$578,000
-0.17%

Schools & Community

Elementary school: 

Davis Malvern

Middle school: 

Dr Jack Cockrill

High school: 

Mckinney

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

$274,577
Asking price
$579,990
Closing costs (~8% of asking)
-$46,399
Est. remaining loan balance
-$259,014
Cash to seller
$274,577

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

Seller’s Loan History

Lender

Rocket Mortgage Llc

Loan start date

March 2023

Original loan amount

$265,000

Est. remaining balance

$259,014

Interest rate

6.12%

Loan type

New Conventional, 30 year

Seller

Sarah Stark Sherry

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: 02/22/2025 at 5:10 PM

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

Listed by: Peri Duncan, Berkshire HathawayHS PenFed TX Phone #: (469) 422-0916

MLS: NTREIS #20846905

NTREIS logo

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