Another Fabulous Estate Home in Fairview, Texas Sells

Another Fabulous Estate Home in Fairview, Texas Sells

1401 Red Oak Trail in Fairview was listed at $4.15 million and just closed.  The beautiful Transitional Spanish Revival home is another Ron McHam Custom Home creation.  He's been one of the premier builders in Fairview and Lucas over the past 20 years.  The home is situated in Oak Meadows, one of the most prestigious developments in the area.  If you'd like to see more of the home with all the details, just Click Here.

The Story Behind the Sale

We sold this fabulous home to the current seller eight years ago.  Although I can't publicly disclose the sale price, I can tell you we sold it for $2.2 million back then.  That's an amazing jump and illustrates how prices have gone through the roof in the entire Fairview, Lucas, and Parker area.  

This transaction had many movable parts working throughout the transaction.  Sean Elliott, our team leader, did his usual excellent job of bringing it all together; however, we ran into a situation a couple of weeks before closing. 

The closing was initially scheduled for a week out, but the buyer asked to move the closing up and close, fund, and be able to move into the home on a Friday.  The buyer was from out of state, which complicated things, plus the title company was still missing some documents from the buyer. 

Friday closings can be a real headache because if the home doesn't close and fund by the end of the day, it won't happen until at least the following Monday.   Sean, who had been handling this sale, found all this out as he was leaving for a well-deserved short vacation. 

Fortunately, Christy Zemaier, one of our most experienced agents, filled in and worked a miracle.  With some super effort by our preferred title company (Chicago Title Company in Allen), we were able to close, fund, and deliver the key to the buyer agent on that Friday.  By the way, one of the big advantages of working on a great team like ours with experienced agents is there is always someone more than happy to help a team member out when situations like this occur.  

Final Thoughts

This is the most expensive home sale ever recorded in Fairview.  We also have the most expensive recorded home sale ever in Parker.  And finally, we have the second-highest recorded home sale ever in Lucas.  Christy was involved in that transaction as well.  This is why we call these three towns "our wheelhouse".

If you're buying, selling, or just curious about the area, just give us a call at 972.359.1553 and one of our great agents will be happy to talk with you.

 

 

Another Fabulous Estate Home in Fairview, Texas Sells
Another Fabulous Estate Home in Fairview, Texas Sells
Another Fabulous Estate Home in Fairview, Texas Sells
Another Fabulous Estate Home in Fairview, Texas Sells
Another Fabulous Estate Home in Fairview, Texas Sells
Another Fabulous Estate Home in Fairview, Texas Sells
Another Fabulous Estate Home in Fairview, Texas Sells
Another Fabulous Estate Home in Fairview, Texas Sells
Another Fabulous Estate Home in Fairview, Texas Sells
Another Fabulous Estate Home in Fairview, Texas Sells
Another Fabulous Estate Home in Fairview, Texas Sells
Another Fabulous Estate Home in Fairview, Texas Sells
Another Fabulous Estate Home in Fairview, Texas Sells

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