695 Wendy Lane, Lucas, Texas 75002

$1,400,000
4
BD
6
BA
List Price
$1,400,000
MLS#
20625339
Status
ACTIVE
Type
Single Family Residential
Style
Farm/Ranch House, Single Detached
Year Built
1993
Construction Status
Preowned
Bedrooms
4
Full Baths
4
Half Baths
2
Acres
3.88
County
Collin
City
Lucas
Subdivision
L G Chandler
Number of Stories
1
Architecture Style
Ranch, Traditional

Property Description

Location, location, location! Build your custom dream home on 3.88 acres off prestigious Wendy Lane in the sought-after Lovejoy ISD. This expansive land may be divided into two parcels, offering endless possibilities. The existing home, while charming and featuring oak hardwoods, stainless steel appliances, granite counters, birch cabinets,  three updated water heaters, updated HVAC, and two primary suites, has only LAND VALUE beyond its rental potential, generating $5,100 month. Enjoy serene views of a neighboring pond, a harvest garden, a saltwater pool, and large country trees. The property includes a 4-bedroom, 6-bathroom home with 3,471 sq. ft. on 1.5 acres and a barn. You could parcel an additional 2.38 acres ideal for future development with a separate street gated entry. The Sellers do not want to divide the property. No HOA. The value is in the land. Seize this unique opportunity to invest in prime real estate! Visit MLS 20489290 for rental information. Do not disturb tenants.

Additional Information

Agent Name
Rob McIntosh
HOA
No HOA
Amenities
Fireplace, Pool
Main Level Rooms
Bedroom-Primary, Bath-Full, Living Room, Kitchen, Bedroom, Guest Suite, Utility Room, Bath-Half, Dining Room, Bedroom-2nd Primary, Library, Breakfast Room
Lot Size
169,187
Acres
3.88
Lot Description
Acreage, Adjacent to Greenbelt, Cul-De-Sac, Few Trees, Interior Lot, Lrg. Backyard Grass, Pasture, Sprinkler System, Water/Lake View
Subdivided
No
Interior Features
Built-in Wine Cooler, Cable TV Available, Decorative Lighting, Flat Screen Wiring, High Speed Internet Available, Smart Home System, Sound System Wiring
Flooring
Carpet, Ceramic Tile, Wood
Foundation
Slab
Roof
Composition
Stories
1
Pool
Yes
Pool Features
Fenced, Gunite, In Ground, Pool Sweep, Salt Water
Pool Features
Fenced, Gunite, In Ground, Pool Sweep, Salt Water
Fireplaces
1
Fireplace Type
Brick, Gas Starter, Masonry, Wood Burning
Street Utilities
Aerobic Septic, City Water, Individual Water Meter
Heating Cooling
Central, Electric, Humidity Control, Natural Gas, Propane
Exterior
Covered Patio/Porch, Rain Gutters, Stable/Barn, Storage
Construction Material
Brick, Frame
Garage Spaces
2
Parking Garage
Garage, Garage Door Opener
School District
Lovejoy Isd
Elementary School
Hart
Middle School
Willow Springs
High School
Lovejoy
Possession
Closing/Funding, Lease Outstanding, Subject to Lease
Possession
Closing/Funding, Lease Outstanding, Subject to Lease
Restrictions
Agricultural, Animals, No Livestock, No Pets, No Smoking, Pet Restrictions

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Rob McIntosh from McIntosh Fine Homes, REALTORS. Contact: 972-429-7100