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$322,000

NAL Estimated Property Value

106 Forest Lane, McKinney, TX, 75069

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,430 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$181.82 / sqft
Year BuiltBuilt in 1985

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Microwave, Plumbed For Ice Maker, Gas Water Heater
FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesRain Gutters

Building Information

Year Built1985
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR-1582-002-0110-1
Lot Number11
SubdivisionForest Park Addition (Cmc)
Land UseResidential
Legal DescriptionFOREST PARK ADDITION (CMC), BLK B, LOT 11
Census Tract030802
Assessed Land Value$85,000
Assessed Improvement Value$210,866
Assessment Year2025

About this property

Immaculate traditional brick home in a mature neighborhood with trees, walking distance to downtown historic McKinney & one block to Finch Park. Lovely updates include: natural hickory engineered hardwood flooring 2020, all windows replaced with Woodbridge triple pane windows in 2015 w warranty, new carpet in the master bedroom and secondary bedroom 2021, new fence with steel posts in 2017, master bath updated in 2020 with porcelain tub, subway tile surround and oil rubbed bronze fixtures. Well appointed flooring in master bath and secondary with octagonal porcelain tile in 2018. SS appliances in kitchen. New roof in 2016 & new gutters in 2015. Backyard is private with an extended stamped concrete patio.

Investor Tools

Property Icon
$322,000
Estimated Property Value
$204,774Estimated Mortgage Balance
$117,226Estimated Equity
36% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,932 /month
Positive
Cash Flow Estimate:
$644 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$404/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,239
$295,866
2025
$85,000
$210,866
$295,866
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,239
$295,866

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Network Funding Lp
Conventional
$226,400
No
First
May 17, 2021
Jun 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$204,774
$117,226
36%
64%
$1,358/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,358/mo
+$614/mo
7.3%

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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106 Forest Lane | Property Details | No Agent List