23690 Champion Drive new Save Request In-Person Tour Request Virtual Tour
Lindale,TX 75771
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 2,506 sqft
Price per Sqft $227
Subdivision Stallion Lake Ranch
MLS Listing ID 21121803
Style Traditional
Bedrooms 4
Full Baths 2
Half Baths 1
HOA Fees $33/ann
Year Built 2025
Annual Tax Amount $1,141
Lot Size 1.011 Acres
Property Sub-Type Single Family Residence
Property Description
SELLER OFFERING UP TO $30,000 CONCESSION towards a 3-2-1 INTEREST RATE BUYDOWN on this newly completed, custom-built lakefront home! This rare opportunity is in the picturesque Stallion Lake Ranch community of Lindale, Texas, offering serene lakeside living on Marsh Lake within a unique equestrian neighborhood. This stunning 2,506 sq. ft. residence features 4 bedrooms, 2.5 baths, and a bonus office, all situated on a magnificent 1-acre lot with breathtaking views and direct lake access.
MAXIMIZE YOUR SAVINGS The seller's 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.
The home boasts a thoughtfully designed open floor plan with premium finishes, including upgraded cabinetry, gorgeous quartz countertops, hand-scraped hardwood floors, enhanced lighting, and stainless steel appliances. The luxurious master suite is privately tucked away with views over Marsh Lake, featuring a spa-like ensuite with double vanities, a soaker tub, a glass-tiled shower, and a spacious walk-in closet. Stallion Lake Ranch is a non-gated, restricted equestrian community comprising approximately 140 homes spread across 920 acres of lush hay fields. Build your own dock to savor tranquil sunsets or enjoy peaceful paddle boating and kayaking on the private lake.
Location
State TX
County Smith
Rooms
Dining Room 1
Interior
Heating Central,Electric
Cooling Ceiling Fan(s),Central Air,Electric
Flooring Carpet,Wood
Fireplaces Type None
Exterior
Exterior Feature Covered Patio/Porch,Rain Gutters,Private Yard,RV/Boat Parking
Garage Spaces 2.0
Utilities Available Aerobic Septic,All Weather Road,Co-op Water,Individual Water Meter
Waterfront Description Lake Front,Lake Front – Main Body
Roof Type Composition
Building
Lot Description Acreage,Adjacent to Greenbelt,Corner Lot,Landscaped,Lrg. Backyard Grass,Park View,Subdivision,Water/Lake View,Waterfront
Story One
Foundation Slab
Structure Type Brick,Frame
Schools
Elementary Schools Rhodes
Middle Schools Van
High Schools Van
School District Van Isd
Others
Acceptable Financing Cash,Conventional,FHA,VA Loan
Listing Terms Cash,Conventional,FHA,VA Loan
Special Listing Condition Aerial Photo
Virtual Tour https://www.propertypanorama.com/instaview/ntreis/21121803