10560 Lago, Quinlan, Texas

Description

LAKE TAWAKONI WATERFRONT RETREAT (QUINLAN, TX): SELLER OFFERING UP TO $30,000 CONCESSION towards a 3-2-1 INTEREST RATE BUYDOWN on this home! LIVE THE LAKE LIFE! NEW CONSTRUCTION WATERFRONT RETREAT ON LAKE TAWAKONI WITH 1.7+ ACRES IN SOUGHT-AFTER WATERS EDGE! Escape to a world where serene water views, private tree-lined property, and modern luxury converge. Nestled within the coveted Waters Edge community, this newly completed custom home is a masterpiece of design, now back on the market after a refresh. Step inside and discover an expansive 2,380 sq. ft. open floor plan with gleaming hand-scraped hardwood floors, a gourmet kitchen featuring pristine quartz countertops and upgraded cabinetry, and panoramic windows framing the shimmering lake. This layout includes 4 spacious bedrooms, 2.5 luxurious bathrooms, and a dedicated home office. Your private paradise extends across 1.7+ acres with a tranquil pond. The property gently slopes to the shoreline, where an SRA leaseback provides the canvas for your dream dock and boathouse. Enjoy exclusive access to a private gated marina and boat launch in the Waters Edge community, just a short walk or golf cart ride away.

MAXIMIZE YOUR SAVINGS The sellers contribution (up to $30,000 on this home) is structured to provide a temporary 3-2-1 interest rate buydown, resulting in significant initial savings. The estimated TEMPORARY rate structure is: 3.5% in Year 1, 4.5% in Year 2, and 5.5% in Year 3, with the permanent rate settling at an estimated 6.5% for Years 4-30. (NOTE: These quoted interest rates are not the Annual Percentage Rate (APR).) The full $30,000 covers the buydown cost, with remaining funds available for buyer closing costs prepaids. The total seller concession will be reflected on closing documents up to 6% of the sales price, based on the final contract.

Directions: From Quinlan, FM 34 to Hwy 276 East towards Lake Tawakoni to FM 751. Turn Right to FM 429. Turn Right to Lago Vista. Turn Left into Waters Edge. Home is on Right.