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$525,000

1005 Orchard Hill Trl, McKinney, TX, 75071

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,068 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$253.87 / sqft
Year BuiltBuilt in 2013

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
AppliancesDishwasher, Disposal, Gas Range, Gas Water Heater, Microwave
FlooringCarpet, Ceramic Tile

Exterior

Exterior FeaturesRain Gutters, Outdoor Grill, Outdoor Kitchen, Private Yard

Building Information

Year Built2013
Stories1
Garage Spaces2

Land Information

APNR-10324-00A-0430-1
Lot Number43
SubdivisionInwood Hills
Land UseResidential Single Family
Legal DescriptionINWOOD HILLS PHASE 3 (CMC), BLK A, LOT 43
Census Tract030609
Assessed Land Value$140,000
Assessed Improvement Value$402,838
Assessment Year2025

About this property

Multiple offers received, please submit final and best offers by 5;00pm Monday March 11, 2024. Experience the quintessential suburban lifestyle in this splendid single-story home nestled in the vibrant heart of McKinney. Perched on a cul-de-sac lot, this property boasts a spectacular backyard oasis. Retreat to the expansive heated covered patio, featuring a warm gas fireplace, or indulge in outdoor dining with a well-equipped, custom kitchen, suitably completed with a beverage fridge. The interior hosts three bedrooms, complemented by a functional office space with a built-in desk and cabinets. A grand, custom entrance door provides an inviting and impressive gateway into your new home. The updated kitchen, fitted with a premium gas cooktop, solidifies this home as a perfect fusion of convenience and style. Great location near Wilson Creek Trail and Bonnie Wenk Park.

Investor Tools

Property Icon
$542,838
Estimated Property Value
$187,500Estimated Mortgage Balance
$362,662Estimated Equity
65% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,257 /month
Positive
Cash Flow Estimate:
$1,086 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$788/month
$458/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,742
$542,838
2025
$140,000
$402,838
$542,838
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,742
$542,838

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rlm Mortgage Llc
Conventional
$187,500
No
First
Mar 28, 2024
Apr 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$180,176
$362,662
66%
33%
$1,125/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,700/mo
$1,583/mo
+$1,117/mo
6.0%

Learn About the Market: Opportunity in Texas

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Explore

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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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: McKinney

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