McKinney TX Real Estate: Texas: Mc Kinney: Eldorado Heights

McKinney, TX real estate - learn all about why McKinney is "Unique By Nature"... the real estate, the neighborhoods and what makes McKinney the BEST place to live in North Texas!

$5,000 Price Reduction on Amazing Deal in McKinney

Seller just reduced this 2,114 sq ft 4 bedroom home to $154,900. Take advantage of this $5,000 price reduction and jump on this amazing deal in Eldorado Heights. The home is move-in ready and offers wood floors, new carpet in the bedrooms, new paint in & out and a popular open floorplan.
Photo Gallery





View More Photos
Description and Features
This four bedroom home is MOVE-IN READY! An incredible find in the heart of McKinney - Eldorado Heights. Enjoy living just minutes from shopping, dining, schools and major highways (121, 75, 380 & Tollway). Updates in this home include NEW neutral paint (in & out),NEW carpet in bedrooms & NEW Kitchen appliances (gas range & microwave). You\'ll love the look of the rich WOOD floors in living areas, soaring ceilings, combination formals for easy entertaining & an open, light-filled floorplan. The spacious kitchen offers a breakfast bar that opens up to living room, island with storage, cozy window seat & LOTS of counter space.
Bedrooms:4
Bathrooms:2
Parking Spaces:2
Square Feet:2114
Lot Size:0.161
Year Built:1997
Floors:1
MLS #:11126742
Location
Click to view map: 5409 Highlands Dr. McKinney TX 75070
Links

___________________________________________________________________________________________

If you're looking for a home in the McKinney, TX area then search for homes on my main Collin County real estate website at www.ServinginCollinCounty.com.

McKinney, TX Realtor Kim Daugherty

Connect with me online at:

facebook

twitter

And don't forget...

comment

2 comments • Kim Daugherty, McKinney REALTOR, TX Broker • February 11 2009 10:55AM

McKinney, TX Neighborhood Real Estate Report - Eldorado Heights 2008

Eldorado Heights is a large master-planned subdivision in the heart of McKinney, TX. Builders such as Lennar, Legacy, Drees, Buescher, DR Horton and Mercedes Homes built this sought-after community in the late 90's. In 2008 124 homes sold in Eldorado Heights, according to MLS statistics.

The low price went for $124,000 and the high price was $242,900, with sellers receiving 98% of list price on average. The average price per square foot was $74.22.

Of the 124 sales, 22 were either foreclosures or short sales (17%). This figure is an important one when determining value of the homes in the neighborhood. Foreclosures and short sales can drive down values, given that the motivation for selling the home is different than a normal sale.

Another interesting facts, yet a fact that is hardly ever revealed but SHOULD be, is the fact that 62 of 144 sellers contributed towards buyer's closing costs! 43%! Why is this so important? Let's say a home sells for $100,000. The sellers did not pay for any of the buyer's closing costs. Let's say their neighbors with the EXACT same floorplan and condition sells for $100,000, BUT also paid for $5,000 of the buyer's closing costs. Are these 2 offers equal? NO. The neighbor could have also sold the house for $95,000 and NO closing costs and the offer would have been equal. Closing costs need to be factored into comparables.

Below are how the 124 sales broke down, month by month:

January - 6 sales

February - 12 sales

March -8 Sales

April - 6 sales

May - 14 sales

June - 12 sales

July - 12 sales

August - 15 sales

September - 12 sales

October - 11 sales

November - 9 sales

December - 7 sale

If you're looking for a McKinney Realtor that KNOWS Eldorado Heights Real Estate, then give me a call!

___________________________________________________________________________________________

If you're looking for a home in the McKinney, TX area then search for homes on my main Collin County real estate website at www.ServinginCollinCounty.com.

McKinney, TX Realtor Kim Daugherty

Connect with me online at:

facebook

twitter

And don't forget...

comment

3 comments • Kim Daugherty, McKinney REALTOR, TX Broker • January 25 2009 09:03PM

McKinney Home For Sale in Eldorado Heights - Do Hardwoods, Walking distance to school & NEW Carpet/Paint Sound Good to YOU? $159,900!

I can't say enough good things about our newest listing in the heart of McKinney - Eldorado Heights! This one is ready for immediate move-in! What's better? The seller is offering $2,000 towards the buyers closing costs! New carpet, New paint, New appliances in a desirable neighborhood...start the New Year in a new home. Interest rates are still great so what are you waiting for? Only $159,900!
Click to view listing website
Photo Gallery





View More Photos
Description and Features
This four bedroom home is MOVE-IN READY! An incredible find in the heart of McKinney - Eldorado Heights. Enjoy living just minutes from shopping, dining, schools and major highways (121, 75, 380 & Tollway). Updates in this home include NEW neutral paint (in & out),NEW carpet in bedrooms & NEW Kitchen appliances (gas range & microwave). You\'ll love the look of the rich WOOD floors in living areas, soaring ceilings, combination formals for easy entertaining & an open, light-filled floorplan. The spacious kitchen offers a breakfast bar that opens up to living room, island with storage, cozy window seat & LOTS of counter space. The seller is offering $2K towards buyers closing costs! Start the New Year with this great home...hurry!
Bedrooms:4
Bathrooms:2
Parking Spaces:2
Square Feet:2114
Lot Size:0.161
Year Built:1997
Floors:1
MLS #:11126742
Location
Click to view map: 5409 Highlands Dr. McKinney TX 75070
Links

___________________________________________________________________________________________

If you're looking for a home in the McKinney, TX area then search for homes on my main Collin County real estate website at www.ServinginCollinCounty.com.

McKinney, TX Realtor Kim Daugherty

Connect with me online at:

facebook

twitter

And don't forget...

comment

3 comments • Kim Daugherty, McKinney REALTOR, TX Broker • January 05 2009 03:16PM