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Owner Contacts

$1,450,000

1001 Stone Cottage Ln, McKinney, TX, 75069

Off Market

5 Beds

4 Bath

5,185 Sq Ft

Single Family Residence

$279.65 / sqft

Built in 2011

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 5

Bathrooms Full 5

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesRefrigerator, Built-In Refrigerator, Dishwasher, Disposal, Electric Oven, Gas Cooktop, Indoor Grill, Microwave, Convection Oven, Double Oven, Wine Cooler

FlooringCarpet, Ceramic Tile, Wood

Exterior

Private Pool

Exterior FeaturesFire Pit, Rain Gutters, Lighting, Private Yard

Lot Size21,606 sqft

Building Information

Year Built2011

Stories2

Garage Spaces8

Land Information

APNR-9748-00B-0160-1

Lot Number16

SubdivisionSerenity (Cmc)

Land UseResidential

Legal DescriptionSERENITY (CMC), BLK B, LOT 16

Census Tract030903

Assessed Land Value$378,000

Assessed Improvement Value$1,271,000

Assessment Year2025

About this property

Over $200k in recent updates! Stunning Drees custom home sited on half acre lot in sought after Serenity subdivision of McKinney in LOVEJOY ISD. Commanding curb appeal~manicured, mature landscaping~gated porte-cochere~custom wrought iron double door. Gorgeous entry w-sweeping staircase~wine grotto~private study w-milled dome ceiling~professionally designed dining rm. Updated gourmet kitchen w-white, bright cabinetry~quartz countertops~professional appl~comm grade range w-custom vent hood~pot filler. Brkfst nook~Airy fam rm w-FP~2nd office or study space~back staircase~flr to ceiling windows. Master wing incl spacious sitting area~private coffee bar~jetted soaking tub~separate shower~dual vanities~large WI closet. Private downstairs guest suite. Upstairs are 3 generously sized bdrms~game rm~media rm w-wet bar. HUGE bkyrd w-cov patio~outdoor FP~pool~spa~massive grassy play area. Abundant storage thruout~OS laundry~4 car grg (one w-HVAC)~new roof 2022! Full list of recent updates avail.

Investor Tools

$1,649,000

Estimated Property Value

$1,148Estimated Mortgage Balance

$1,647,915Estimated Equity

100% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$9,894 /month

Positive

Cash Flow Estimate:

$3,298 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$2,827/month

$2,150/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$25,674

$1,649,000

2025

$378,000

$1,271,000

$1,649,000

Tax History

Year

Tax Paid

Assessed Value

2024

$25,674

$1,649,000

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Bank Of America Na

Conventional

$1,148

First

May 10, 2023

Jun 2053

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$1,085

$1,647,915

99%

$7/mo

Learn About the Market: Opportunity in Texas

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Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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