McKinney, TX, 75072, McKinney, TX, 75072

Description

📍 McKinney, TX 75072 🏡 1 Bed | 2 Baths | 1,405 sq ft | 🌅 Lakeview Luxury Condo in Adriatica Village 💰 Purchase Price: $460,000 📌 Tax Assessed Value: $525,408 💥 EMD: $4,600 (1%) 💸 Seller Financing Terms • 💵 Down Payment: $92,000 (20%) • 💰 Interest Rate: 3% (negotiable) • ⏳ Balloon Term: 10 Years • 🔁 Amortization: 30 Years • 🚫 MTR only if HOA permits 🔐 Estimated Entry Cost • 💵 Down Payment: $92,000 • 💥 Entry Fee: $5,000 (not included in sale price) • 🧾 Estimated Closing Costs: ~$7,000 ➡️ Total Entry Cost: ~$104,000 🧾 Estimated Monthly Costs (Excluding Principal) • 🧾 Property Taxes: ~$556/month • 🔒 Insurance (Estimate): ~$153/month ➡️ Total Est. Monthly Cost (Taxes + Insurance): ~$709/month 🏷️ Highlights ✅ Lake view balcony in European-inspired village ✅ SubZero fridge, Dacor double ovens, induction cooktop ✅ Soaring ceilings, wood floors, crown molding ✅ Spa ensuite w/ oversized shower + walk-in closet ✅ Elevator building & walkable to shops, cafes, and trails ✅ HOA includes exterior insurance & maintenance ✅ Luxury second home or executive rental 🔄 Exit Strategies • Executive MTR rental (30+ days, confirm HOA) • Owner-occupant with refinance • Lock-and-leave second home • Long-term appreciation in a luxury area 📲 DM for walk-through video, full financials, or to walk the deal ✅ Seller Financing | Lake View | Executive-Ready Condo