tomo logo

$425,000

Beds
3
Baths
3.0
sq ft
1,981

8820 Papa Trl, Mckinney, TX 75070

8820 Papa Trl

McKinney, TX 75070

  • 27 days on market
    • Open house Apr 12
Gorgeous and fully updated end unit townhome located in the desirable neighborhood of Hemingway at Craig Ranch in McKinney and zoned Frisco ISD! Home features 3 bedrooms (primary bedroom downstairs), 2.1 bathrooms, large upstairs game room, upstairs and downstairs laundry room, and open floorplan making it perfect for entertaining. Once you step inside this home you will immediately notice the gorgeous wood floors, spacious family room, beautiful fireplace, and how bright the home is. Prime location near newly renovated community pool and fitness center, shopping, 121, and restaurants help make this home one you do not want to miss out on. HOA includes the maintaining of the roof, flowerbeds, gym, clubhouse, and neighborhood pool.

Details

Property type

Townhouse

Est. home value

$430,420

Lot size

2,178 sq ft

Price per sq ft

$215

Year built

2011

Annual property taxes

$6,015

Monthly HOA fee

$368

Price History

03/13/2025
NTREIS

NTREIS #20858698

Listed
$425,000
04/27/2020
NTREIS

NTREIS #14298984

Removed

Schools & Community

Elementary school: 

Isbell

Middle school: 

Scoggins

High school: 

Liberty

School district: 

Frisco 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

$133,556
Asking price
$425,000
Closing costs (~8% of asking)
-$34,000
Est. remaining loan balance
-$257,444
Cash to seller
$133,556

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

Seller’s Loan History

Lender

Everett Financial Inc

Loan start date

February 2022

Original loan amount

$275,100

Est. remaining balance

$257,444

Interest rate

3.22%

Loan type

New Conventional, 30 year

Seller

Regenia Catherine Magdaleno and Shelley Yvonne Magdaleno

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: 04/10/2025 at 7:10 AM

Listing updated: 04/08/2025 at 10:21 AM

Listed by: Erin Strain, TruHome Real Estate Phone #: (972) 299-3959

MLS: NTREIS #20858698

NTREIS logo

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