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$410,000

1112 Paluxy Ln, McKinney, TX, 75071

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,675 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$244.78 / sqft
Year BuiltBuilt in 2014

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Cooktop, Microwave
FlooringHardwood, Tile

Exterior

Exterior FeaturesAwning(s), Rain Gutters, Private Yard
Lot Size5,500 sqft

Building Information

Year Built2014
Stories1
Garage Spaces2

Land Information

APNR-10214-00P-0130-1
Lot Number13
SubdivisionParcel 1704
Land UseResidential
Legal DescriptionPARCEL 1704 PHASE 1 (CMC), BLK P, LOT 13
Census Tract030524
Assessed Land Value$150,000
Assessed Improvement Value$307,875
Assessment Year2025

About this property

Step inside to discover an inviting open-concept layout featuring hardwood floors throughout the living areas and bedrooms. The spacious kitchen boasts granite countertops, ample cabinet space, stainless steel appliances, and a gas range, seamlessly connecting to the cozy living room adorned with a gas-log fireplace. The primary suite provides a serene retreat with a dual vanity, separate tub and shower, and upgraded bronze fixtures. Enjoy outdoor living in the backyard, complete with a charming flagstone patio—perfect for relaxation or entertaining. Additional highlights include a 2-car attached garage, wood fencing, and a covered front porch. Residents benefit from access to community amenities such as a pool, park, and sports courts, all within the acclaimed Prosper ISD, with Jim and Betty Hughes Elementary School nearby.

Investor Tools

Property Icon
$457,875
Estimated Property Value
$108,000Estimated Mortgage Balance
$350,816Estimated Equity
76% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,747 /month
Positive
Cash Flow Estimate:
$916 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$818/month
$743/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,521
$457,875
2025
$150,000
$307,875
$457,875
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,521
$457,875

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Home Loan Enterprise
Conventional
$108,000
No
First
Nov 12, 2025
Dec 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$107,059
$350,816
76%
23%
$648/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,700/mo
$1,391/mo
+$1,309/mo
7.1%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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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1112 Paluxy Ln | Property Details | No Agent List