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$632,798

NAL Estimated Property Value

1108 Fargo Drive, McKinney, TX, 75071

Off MarketInfo
Beds5 Beds
Baths4 Bath
Baths3,269 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$180.45 / sqft
Year BuiltBuilt in 2021

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 3.5Bathrooms Full 3.5
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Microwave, Plumbed For Ice Maker, Gas Water Heater
FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesRain Gutters
Lot Size10,893 sqft

Building Information

Year Built2020
Stories2
Garage Spaces3

Land Information

APNR-11915-00H-0770-1
Lot Number77
SubdivisionWillow Wood Phase 4 (Cmc)
Land UseResidential
Legal DescriptionWILLOW WOOD PHASE 4 (CMC), BLK H, LOT 77
Census Tract030201
Assessed Land Value$169,400
Assessed Improvement Value$463,398
Assessment Year2025

About this property

Brand New, NEVER Lived in Home!Large Corner Lot w a Bright Open Layout. Floor plan features; 1st floor Master Ensuite, w an additional 2nd floor Master Ensuite, 3 spacious guest bedrooms on 2nd floor, along w a Bonus-Game room. Tons of upgrades...Nail Down Hardwood Floors, Stained Oak Staircase, 8ft Mahogany & Iron Door, 3 Car Garage w Cedar Garage Doors, Tile Fire Place. Kitchen is a chefs delight w white 42inch Shaker Cabinets, Custom Vent Hood, Quartz Countertops, Marble Backsplash, Large Island & SS Appliances. Both Master Ensuites features double sinks w marble top, designer pattern tile floors, large shower & deep soaking tub, w large walk in closets. Back Yard is the perfect place to build your oasis.

Investor Tools

Property Icon
$632,798
Estimated Property Value
$520,583Estimated Mortgage Balance
$112,215Estimated Equity
17% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,797 /month
Positive
Cash Flow Estimate:
$1,266 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,097/month
$152/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,006
$632,798
2025
$169,400
$463,398
$632,798
No

Tax History

Year
Tax Paid
Assessed Value
2024
$10,006
$632,798

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Paramount Bank
Conventional
$569,000
No
First
Nov 19, 2021
Dec 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$520,583
$112,215
17%
82%
$3,412/mo

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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1108 Fargo Drive | Property Details | No Agent List