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.
Based on the average sale price from the Waco, TX office
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Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.
Mortgage calculator provided courtesy of Inside Real Estate.
10560 Lago Vista Quinlan, TX is a Single Family Home for sale at $519900 with 2380 sqft and a lot size of 0.57 Acres Acre(s). 10560 Lago Vista Quinlan has 4 bedrooms, 2 baths and was built in 2023. The property's zip code is 75474 which is in Quinlan, TX
*Information deemed reliable but not guaranteed.
Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Mortgage calculator provided courtesy of Inside Real Estate.
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