20790 Texas Ave, Prior Lake, MN 55372

Listed below appraised value and tax assessed value, and you can take over the existing financing of interest only payments. Opportunity abounds - finalize the subdivision of the property for resale or to build a new house. Finance for below market terms - assumable bank loan of $1,300,000 at 5.25% or interest only terms at 6.25% for entire purchase with balloon in 2028. Come experience the beauty and privacy here on 19+ rolling, wooded acres of land. 5000sf shop building is perfect for a business, with large warehouse, 16 ft doors, ample parking, residential studio apartment on upper level, laundry, and more. The home is set high on a hill, away from the road, with gorgeous views of the landscape in every direction. With bonus bedroom suite above the garage + the shop apartment + 4BR in main house, this property actually has 6BR/6BA - plenty for all your guests or for multi-generational living. Take a stroll through the manicured trails - you'll see flowering trees, deer paths, and the gently flowing Credit River cascading through the edge of the property. It's like your own nature preserve in your backyard. Inside, you'll find modern design choices and areas full of light. Enjoy the outdoors from either of the upper level decks or from the walkout lower level patio. Main floor primary suite features a private deck, ensuite bathroom & large walk-in closet. Don't miss the bonus bedroom suite above the garage! Other incredible features are the 2 oversized attached garages - one on upper level and one lower. Plenty of parking for everyone! Heated, finished shop has 16 x 16 ft doors, a pull through, and mezzanine with radiant heat. If you have a business that needs warehouse space, this could be the place for you. Large parking lot behind the shop is great for boat, ATV and RV storage too. Home is very private, yet still easily accessible to major freeways, parks, shopping, schools, restaurants, and more. Check out the attached video for a virtual look at the land. Then come experience for yourself all this amazing property has to offer!