$352,000
NAL Estimated Property Value1004 Piedmont Dr, McKinney, TX, 75071
Off Market
Property Lead Type:
Off-Market ListAbsentee OwnerHigh Equity
Highlights
Interior
AppliancesBuilt-In Gas Range, Dishwasher, Disposal, Microwave, Plumbed For Ice Maker, Gas Water Heater
FlooringCeramic Tile
Exterior
Exterior FeaturesRain Gutters
Building Information
Year Built2003
Stories1
Roof Type105
Garage Spaces2
Land Information
APNR-4965-00U-0130-1
Lot Number13
SubdivisionVirginia Hills Addition Phase Four (Cmc)
Land UseResidential
Legal DescriptionVIRGINIA HILLS ADDITION PHASE FOUR (CMC), BLK U, LOT 13
Census Tract030524
Assessed Land Value$90,000
Assessed Improvement Value$252,713
Assessment Year2025
About this property
Beautiful and well maintained one story 3 bedroom 2 bath home on a large lot! Brand new ceramic tile flooring throughout the living, kitchen, dining and hallway. Kitchen and kitchen cabinets upgraded in 2018. Very large backyard great for entertaining. New roof in 2018. Fresh paint throughout the house. This home is in sought after Prosper ISD, near to shopping, easy commute to 380, the tollway or Hwy 75. Come see it today!
Investor Tools
$352,000
Estimated Property Value
$136,282Estimated Mortgage Balance
$215,718Estimated Equity
61% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,112 /month
Positive
Cash Flow Estimate:
$704 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,179/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$12,387
$342,713
2025
$90,000
$252,713
$342,713
Yes (2023)
Tax History
Year
Tax Paid
Assessed Value
2024
$12,387
$342,713
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Star One Cu
Conventional
$157,500
No
First
Oct 17, 2019
Nov 2049
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$136,282
$215,718
61%
39%
$730/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,700/mo
$730/mo
+$1,970/mo
9.2%
