This bargain-priced property will be stunning with some TLC! In additional to hard money loans, retail buyers can acquire a property like this with rehab loans such as an FHA 203(K).The property has been appraised as-is at $320k, due to multiple formal construction estimates totaling six figures. Seller's lender demands full loan payoff, which the market cannot support, and is unwilling to consider a short sale. This is why the property cannot be sold.
Listed By
Agency Name: StepStone Realty LLC
Agency Contact: 469-592-2134
Agent Name: Michael Lund
Shown By
Agent Name: Mandy Petersen
Agent Phone: (254) 644-8648
Agency Title: Kelly, Realtors
Estimated Payment
$ 981.72 per month $867.97 Principal & Interest $0.00 Property Tax (data not provided by mls) $113.75 Homeowner's Insurance
5213 Lake Crest Drive | MLS# 21115997
This single family home located at 5213 Lake Crest Drive, McKinney, TX 75071 is currently listed for sale with an asking price of $390,000. This property was built in 1998 and has 4 bedrooms and 2 full and 1 partial baths with 3114 sq. ft. Lake Crest Drive is located in the Villages Of Lake Forest Ph I subdivision within the McKinney ISD school district. Search Villages Of Lake Forest Ph I real estate on mandypetersen.kellyrealtors.com today.