3209 Winged Elm DR

Unique opportunity for a buyer wanting to get into the Reserve at Twin Creeks! Buy "as is" and choose your flooring, bathroom tile, colors, etc! The Sellers' 6 month renovation project is just 6-8 weeks from completion, but unfortunate circumstances have resulted in their not being able to complete the project. This is where the buyer benefits they can choose the finish out exactly as they wish! It will be like living in a new home once completed!

Financing available from 1st Quest Mortgage at 7.75%: interest only then refi when completed or 3yr ARM.

* Located in the acclaimed Reserve at Twin Creeks
* Live the country club lifestyle with a Fred Couples designed 18-hole golf course, community pool, tennis courts, gym, plus a full-service restaurant and bar all at Twin Creeks Country Club (additional membership may apply for all amenities)
* 3,706 total square feet
* 4 bedrooms, 4 full bathrooms, PLUS office, new media room, and new game room
* High end appliances already purchased
* His and hers primary closets (hers with stackable washer/dryer hook-up)

With the budget of $135K to finish the work (per Seller and Seller's contractor) plus the sellers' contractor to oversee the project for a 25% contractor's fee ($34,000), the budget to finish the project is estimated at $169k.

The home is being offered as-is for $915,000 which is $246 per sf, and that includes many new appliances, tile, hardware, etc., already purchased and on site. If the buyer finishes the project as budgeted, the total cost of the home comes to $1,084,000, which is $292 per square foot. This price is in line with other sales in The Reserve, but those homes will not be like living in a new home once complete!

Please read through the items in the MLS Documents for a full list of materials, appliances, hardware, etc. already purchased and on site and included in the sale (with reasonable offer), as well as the budget outline, renovation plans, and more.