NOT LISTED FOR SALE

2527 Preakness Place McKinney, TX 75071

Mustang Lakes Neighborhood

Estimated Value: $694,471 - $753,000

4 Beds
4.5 Baths
3,168 Sq Ft
$227/Sq Ft Est. Value

Last Sold April 13, 2021

Current estimated payment $4,910/month

17 Days on Market

Highlights

  • New Construction
  • Community Lake
  • Traditional Architecture
  • Lorene Rogers Middle School Rated A
  • Clubhouse
  • 1 Fireplace

About This Home

As of April 2021

NEW DAVID WEEKLEY IN MUSTANG LAKES! The beautiful community that offers a resort lifestyle with pools, tennis courts, gym, and amenity center full of activities. The Lankford offers am open floor plan with high ceilings and space for entertaining and relaxing. Don't forget to ask about our 1-2-10 Year Warranty and SAVE BIG with our Energy Saver Program!

Last Agent to Sell the Property

Jimmy Rado

David M. Weekley License #0221720 Listed on: 11/12/2020

Last Buyer's Agent

Steve Lay

Keller Williams Legacy License #0388649

Keller Williams Legacy

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,644

Year Built

  • Built in 2020 | New Construction

Lot Details

  • 6,011 Sq Ft Lot
  • Lot Dimensions are 50x120
  • Wood Fence
  • Landscaped
  • Interior Lot
  • Sprinkler System
  • Few Trees
  • Drought Tolerant Landscaping

HOA Fees

  • $132 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Front Facing Garage
  • Tandem Parking
  • Garage Door Opener

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Composition Roof
  • Stone Siding

Interior Spaces

  • 3,168 Sq Ft Home
  • 2-Story Property
  • Wired For A Flat Screen TV
  • Ceiling Fan
  • Decorative Lighting
  • 1 Fireplace
  • Heatilator
  • ENERGY STAR Qualified Windows

Kitchen

  • Double Oven
  • Electric Oven
  • Gas Cooktop
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Low Flow Toliet

Attic

  • Attic Fan
  • 12 Inch+ Attic Insulation

Home Security

  • Home Security System
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Eco-Friendly Details

  • Energy-Efficient Appliances
  • Energy-Efficient HVAC
  • Energy-Efficient Insulation
  • Energy-Efficient Doors
  • Rain or Freeze Sensor
  • Energy-Efficient Thermostat
  • Enhanced Air Filtration

Outdoor Features

  • Covered Patio or Porch
  • Exterior Lighting
  • Rain Gutters

Schools

  • Cynthia A Cockrell Elementary School
  • Rogers Middle School
  • Prosper High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Vented Exhaust Fan
  • Heating System Uses Natural Gas
  • Underground Utilities
  • Tankless Water Heater
  • Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 30 / DD
  • Assessor Parcel Number R113920DD03001

Community Details

Overview

  • Association fees include full use of facilities, maintenance structure, management fees
  • Mustang Lakes Subdivision
  • Mandatory home owners association
  • Community Lake
  • Greenbelt

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool
  • Park
  • Jogging Path

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,644

Year Built

Built in 2020 | New Construction

Lot Details

0

HOA Fees

$132 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Structural Style: Single Detached
  • Unit Levels: Two
  • Security: Carbon Monoxide Detector(s), Fire Alarm, Prewired, Security System, Smoke Detector(s)
  • Year Built Details: New Construction - Incomplete
  • Multi Parcel I D Y N: No
  • Municipal Utility District Y N: No
  • Will Subdivide: No
  • Accessibility Features Yn: No
  • Ratio Current Price By Building: 148.60322
  • Special Features: None
  • Year Built: 2020

Interior Features

  • Square Footage: 3168.00
  • Fireplace Features: Heatilator
  • Interior Amenities: Cable TV Available, Decorative Lighting, Flat Screen Wiring, High Speed Internet Available
  • Flooring: Carpet, Ceramic Tile
  • Appliances: Dishwasher, Disposal, Double Oven, Electric Oven, Gas Cooktop, Microwave, Plumbed for Ice Maker, Vented Exhaust Fan, Tankless Water Heater, Gas Water Heater
  • Fireplaces: 1
  • Number Of Dining Areas: 1
  • Number Of Living Areas: 1
  • Room Count: 11

Beds/Baths

  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4

Exterior Features

  • Pool: No
  • Foundation: Slab
  • Community Features: Club House, Community Pool, Community Sprinkler, Greenbelt, Jogging Path/Bike Path, Lake, Park, Playground, Tennis Court(s)
  • Fencing: Wood
  • Roof: Composition
  • Construction Materials: Brick, Rock/Stone
  • Exterior Features: Covered Patio/Porch, Rain Gutters, Lighting
  • Patio And Porch Features: Covered

Garage/Parking

  • Cooling System: Attic Fan, Ceiling Fan(s), Central Air, Electric, Zoned
  • Garage Spaces: 3
  • Total Covered Spaces: 3
  • Parking Features: Garage Door Opener, Garage Faces Front, Tandem
  • Attached Garage YN: Yes
  • GarageYN: Yes

Utilities

  • Heating: Central, Natural Gas, Zoned
  • Utilities: City Sewer, City Water, Underground Utilities

Condo/Co-op/Association

  • HOA Fee Includes: Full Use of Facilities, Maintenance Structure, Management Fees
  • Association Fee: 132
  • Association Fee Frequency: Monthly
  • Association Type: Mandatory
  • Hoa Management Company: 00
  • HOA Management Company: 00

Schools

  • School District: Prosper ISD
  • Elementary School: Cynthia A Cockrell
  • Middle School: Rogers
  • High School: Prosper
  • School District: Prosper ISD
  • Elementary School: Cynthia A Cockrell
  • High School: Prosper

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: Less Than .5 Acre (not Zero)
  • Lot Features: Few Trees, Interior Lot, Landscaped, Sprinkler System, Subdivision
  • Lot Size Units: Acres
  • Lot Size Area: 0.1380
  • Lot Size: 50x120
  • Parcel Number: R113920DD03001
  • Lot Size Acres: 0.1380
  • Lot Size Sq Ft: 6011.2800

Green Features

  • GreenWaterConservation: Low-Flow Fixtures
  • Efficiency: 12 inch+ Attic Insulation, Appliances, Doors, Drought Tolerant Plants, Enhanced Air Filtration, HVAC, Insulation, Low Flow Commode, Rain / Freeze Sensors, Thermostat, Waterheater, Windows
  • Energy Saving Features: High Efficiency Water Heater
  • Smart Home Features Appor Pass Y: No
  • Green Verification Count: 1

Building Info

  • Year Built: 2020

Tax Info

  • TaxBlock: DD
  • Tax Lot: 30

MLS Schools

  • MiddleOrJuniorSchool: Rogers
  • Middle School Name: Rogers
  • Elementary School Name: Cynthia A Cockrell
  • High School Name: Prosper

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 16, 2022
Sold by
Mark Pearson Glyn
Bought by
Glyn And Mariangela Pearson Revocable Trust
Current Estimated Value
$717,618

Purchase Details

Listed on
Nov 12, 2020
Closed on
Apr 13, 2021
Sold by
Weekley Homes Llc
Bought by
Pearson Glyn Mark and Pearson Mariangela M
Seller's Agent
Jimmy Rado
David M. Weekley
Buyer's Agent
Steve Lay
Keller Williams Legacy
List Price
$484,859

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.66%
Original Mortgage
$300,000
Interest Rate
2.9%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Glyn And Mariangela Pearson Revocable Trust -- New Title Company Name
Pearson Glyn Mark -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pearson Glyn Mark $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/13/2021 04/13/21 Sold -- -- --
11/29/2020 11/29/20 Pending -- -- --
11/12/2020 11/12/20 For Sale $484,859 -- $153 / Sq Ft
Source: North Texas Real Estate Information Systems (NTREIS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $11,644 $673,919 $165,000 $482,051
2023 $11,644 $638,681 $165,000 $495,169
2022 $13,420 $580,619 $118,750 $461,869
2021 $4,992 $212,019 $73,750 $138,269
2020 $1,830 $74,100 $74,100 $0
2019 $1,392 $54,000 $54,000 $0
2018 $1,552 $60,000 $60,000 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2021

    Jimmy Rado

    David M. Weekley

    (877) 933-5539

    35 in this area

    1,885 Total Sales

    Jimmy Rado
    Section Image

  • S

    Buyer's Agent in 2021

    Steve Lay

    Keller Williams Legacy

    (214) 505-5819

    2 in this area

    8 Total Sales

    Steve Lay
    Section Image
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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 14470552

North Texas Real Estate Information Systems (NTREIS)

APN: R-11392-0DD-0300-1

Texas Collin County McKinney 75009 Mustang Lakes

2527 Preakness Place, McKinney, TX

This home is located at 2527 Preakness Place, McKinney, TX 75071 since 12 November 2020 and is currently estimated at $717,618, approximately $226 per square foot. This property was built in 2020. 2527 Preakness Place is a home located in Collin County with nearby schools including Lorene Rogers Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

North Texas Real Estate Information Systems (NTREIS) Listing information provided in part by the North Texas Real Estate Information Systems, Inc, for personal, non-commercial use by viewers of this site and may not be reproduced or redistributed. All information is deemed reliable but not guaranteed. Copyright © NTREIS 2025. All rights reserved

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