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$585,000

NAL Estimated Property Value

101 Joplin Dr, McKinney, TX, 75071

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,481 Sq Ft
price_per_sqft$201.53 / sqft
Year BuiltBuilt in 2011

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Microwave, Refrigerator
FlooringCarpet, Ceramic Tile, Hardwood

Exterior

Exterior FeaturesRain Gutters

Building Information

Year Built2011
Stories1
Garage Spaces2

Land Information

APNR-9199-00M-0010-1
Lot Number1
SubdivisionCambridge Phase 1a (Cmc)
Land UseResidential
Legal DescriptionCAMBRIDGE PHASE 1A (CMC), BLK M, LOT 1
Census Tract030548
Assessed Land Value$203,205
Assessed Improvement Value$381,795
Assessment Year2025

About this property

Welcome home to this beautifully updated former model home, situated on a greenbelt corner lot in the heart of McKinney and within walking distance to highly acclaimed Minshew Elementary. Offering 4 bedrooms plus a dedicated study, this thoughtfully designed single-story floor plan blends comfort, style, and functionality. Gorgeous hand-scraped real hardwood floors flow throughout the main living areas, while brand-new carpet and fresh interior paint make the home completely move-in ready. At the heart of the home, the spacious kitchen features granite countertops, stainless steel appliances, a brand-new dishwasher, and a newer microwave, and opens seamlessly to the living and dining areas, making it ideal for both everyday living and entertaining. Large windows frame beautiful views of the expansive grassy backyard and greenbelt with mature trees, creating a peaceful backdrop and an abundance of natural light throughout the home. The private primary suite offers a spacious retreat with an ensuite bath featuring granite countertops, a relaxing soaking tub, separate shower, and a generous walk-in closet. This exceptional home offers the perfect combination of timeless charm, fresh updates, and an unbeatable location. Don’t miss this opportunity to call one of McKinney’s most sought-after neighborhoods home.

Investor Tools

Property Icon
$585,000
Estimated Property Value
$272,916Estimated Mortgage Balance
$312,084Estimated Equity
53% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,510 /month
Positive
Cash Flow Estimate:
$1,170 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$680/month
$195/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,230
$585,000
2025
$203,205
$381,795
$585,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,230
$585,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Pnc Bank Na
Conventional
$300,000
No
First
Oct 21, 2021
Nov 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$272,916
$312,084
53%
47%
$1,799/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,700/mo
$1,994/mo
+$706/mo
5.5%

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.

Explore Texas Explore This Area
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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101 Joplin Dr | Property Details | No Agent List