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Days33Days on Market
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$417,000

1104 Summer Ln, McKinney, TX, 75071

$497,764 ARVInfo
On MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,453 Sq Ft
price_per_sqft$170 / sqft
Year BuiltBuilt in 2017

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
AppliancesDishwasher, Electric Range
FlooringVinyl

Exterior

Lot Size6,128 sqft

Building Information

Year Built2017
Stories2
Garage Spaces2

Land Information

APNR-11124-00I-0140-1
Lot Number14
SubdivisionWillow Wood Phase 1 (Cmc)
Land UseResidential
Legal DescriptionWILLOW WOOD PHASE 1 (CMC), BLK I, LOT 14
Census Tract030201
Assessed Land Value$150,000
Assessed Improvement Value$375,586
Assessment Year2025

About this property

Priced below market value for a quick sale, this is a rare opportunity to acquire a well-appointed home in one of McKinney's most sought-after communities at an exceptional value — opportunities like this move fast. This Willow Wood home welcomes you with a brick and stone exterior and custom wooden garage door. Inside, durable wood-look flooring flows through the main living areas, starting at the entry with dark accent paneling. The heart of the home is an expansive open kitchen and living space designed for effortless daily life. Home chefs will appreciate the central island, dark granite countertops, classic white subway tile backsplash, stainless steel appliances, and walk-in pantry. The floor plan places the spacious primary suite on the main level with dual walk-in closets. Two secondary bedrooms share a private hallway on the first floor, ideal for guests or a home office. Upstairs, a versatile loft living area serves as a second family room or media retreat, complete with an additional bedroom and full bath. This multi-level zoning offers unmatched flexibility for any lifestyle. The community rounds out the lifestyle with a pool, playground, basketball courts, park, and scenic trails and greenbelt. The neighborhood is near an elementary school in the acclaimed Melissa ISD and is known for its vibrant community spirit. Conveniently located just minutes from the new H-E-B and Buc-ee's, Historic Downtown McKinney, and with quick access to US-75 for an easy commute in any direction. NOTE: Sellers are currently living in the home and actively preparing to move. You may notice personal belongings and some packing in progress during showings — this is temporary and reflects the transition underway. The home is being sold as-is, with only a few minor cosmetic repairs needed, already factored into the pricing. Buyer and buyer's agent to verify all information, including measurements, schools, taxes, restrictions, and property condition.

Investor Tools

$342,410Estimated Mortgage Balance
$183,176Estimated Equity
34% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$497,763
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,154 /month
Positive
Cash Flow Estimate:
$1,051 /month

Interested in this property?

Cisco Gonzalez

eXp Realty LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$805/month
$167/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,029
$525,586
2025
$150,000
$375,586
$525,586
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,029
$525,586

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocket Mortgage Llc
Conventional
$314,136
No
First
Sep 16, 2021
Oct 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$342,410
$183,176
34%
65%
$2,244/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,520/mo
$2,411/mo
+$1,109/mo
8.0%

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.

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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