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$569,000

NAL Estimated Property Value

1008 Park Meadow Lane, McKinney, TX, 75071

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,463 Sq Ft
price_per_sqft$229.39 / sqft
Year BuiltBuilt in 2013

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Range, Microwave
FlooringCarpet, Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesRain Gutters, Outdoor Grill, Private Yard

Building Information

Year Built2013
Stories2
Garage Spaces2

Land Information

APNR-10324-00M-0120-1
Lot Number12
SubdivisionInwood Hills Phase 3 (Cmc)
Land UseResidential
Legal DescriptionINWOOD HILLS PHASE 3 (CMC), BLK M, LOT 12
Census Tract030609
Assessed Land Value$133,000
Assessed Improvement Value$423,114
Assessment Year2025

About this property

Welcome to this beautifully maintained home in the desirable Inwood Hills community, where comfort and lifestyle come together. A dining area at the front of the home is filled with natural light, creating a warm and inviting space for meals and gatherings. The layout flows seamlessly into the kitchen, which features stainless steel appliances, granite countertops, and abundant cabinet storage. A cozy breakfast nook offers the perfect spot for casual dining or morning coffee. The kitchen opens to a spacious living room with a fireplace, creating an ideal setting for relaxing or entertaining. The primary bedroom provides a private retreat designed for comfort and relaxation. The ensuite bathroom includes dual sinks, a separate tub and shower, and a large walk-in closet. Upstairs, you’ll find a versatile game room, perfect for hobbies, work, or play. Three additional bedrooms and a full bathroom offer space and flexibility for family or guests. Step outside to your own backyard oasis, complete with a beautiful pool and plenty of room to unwind. A covered patio with a built-in grill and pergola makes outdoor dining and entertaining effortless. The outdoor space is designed for both relaxation and hosting gatherings year-round. Located near scenic walking trails and just minutes from Bonnie Wenk Park, you’ll enjoy access to fitness courts, dog parks, a fishing pond, sports fields, and more. With a blend of indoor comfort and outdoor enjoyment, this home supports an active and connected lifestyle. This Inwood Hills property offers the perfect balance of space, function, and lifestyle in a prime location.

Investor Tools

Property Icon
$569,000
Estimated Property Value
$299,231Estimated Mortgage Balance
$269,769Estimated Equity
47% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,414 /month
Positive
Cash Flow Estimate:
$1,138 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$846/month
$658/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,307
$556,114
2025
$133,000
$423,114
$556,114
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,307
$556,114

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Loandepot.Com Llc
Conventional
$328,300
No
First
Oct 16, 2021
Nov 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$299,231
$269,769
47%
53%
$1,969/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,520/mo
$2,627/mo
+$893/mo
7.4%

City: McKinney

1008 Park Meadow Lane | Property Details | No Agent List