tomo logo

$470,000

Beds
3
Baths
2.0
sq ft
2,262

9716 Colonywood Dr, Mckinney, TX 75072

9716 Colonywood Dr

McKinney, TX 75072

  • <1 day on market
Impeccably Maintained & Updated! Take advantage of the VA qualifying assumable mortgage with a balance of $394,000 at an incredible 2.875% interest rate—current payments under $2,500 per month! This charming home offers a spacious and inviting layout filled with natural light. The study and formal dining room greet you at the front, leading to an open-concept living area. The kitchen is a showstopper, featuring an oversized custom island breakfast bar with designer granite, a generously sized breakfast room, and ample storage in the walk-in pantry. A full-size laundry room is conveniently located near the kitchen. The living room boasts a cozy corner fireplace and overlooks the patio and large backyard, perfect for entertaining or adding a pool while still leaving plenty of space to play. The private master suite, located at the back of the home, has been beautifully updated with modern touches in the bathroom. Secondary bedrooms are thoughtfully situated on the opposite side of the house for privacy.

Details

Property type

Single Family Residence

Est. home value

$473,220

Lot size

6,969.6 sq ft

Price per sq ft

$208

Year built

2005

Annual property taxes

$7,182

Monthly HOA fee

$55.42

Price History

01/09/2025
NTREIS

NTREIS #20813634

Listed
$470,000
10/14/2021
NTREIS

NTREIS #14604425

Removed

Schools & Community

Elementary school: 

Sonntag

Middle school: 

Roach

High school: 

Heritage

Community features: 

Pool, Park, Playground, Sidewalks

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

$37,250
Asking price
$470,000
Closing costs (~8% of asking)
-$37,600
Est. remaining loan balance
-$395,150
Cash to seller
$37,250

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

Seller’s Loan History

Lender

Movement Mortgage

Loan start date

October 2021

Original loan amount

$424,760

Est. remaining balance

$395,150

Interest rate

2.87%

Loan type

VA, 30 year

Seller

Victor Chris Velasco and Patricia A Velasco

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: 01/10/2025 at 3:40 AM

Listing updated: 01/09/2025 at 9:07 PM

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

MLS: NTREIS #20813634

NTREIS logo

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