About 23690 Champion Drive
SELLER OFFERING UP TO $20,000 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 $25,000 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.
