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$518,000

NAL Estimated Property Value

115 Falcon Creek Drive, McKinney, TX, 75072

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,178 Sq Ft
price_per_sqft$183.2 / sqft
Year BuiltBuilt in 1995

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
AppliancesDishwasher, Disposal, Gas Cooktop, Gas Oven, Gas Range, Microwave, Plumbed For Ice Maker
FlooringCarpet, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesRain Gutters

Building Information

Year Built1995
Stories1
Garage Spaces2

Land Information

APNR-3038-00B-0440-1
Lot Number44
SubdivisionFalcon Creek Phase I (Cmc)
Land UseResidential
Legal DescriptionFALCON CREEK PHASE I (CMC), BLK B, LOT 44
Census Tract030525
Assessed Land Value$126,000
Assessed Improvement Value$380,792
Assessment Year2025

About this property

Single Story POOL HOME In Stonebridge Ranch. Updated 4 bedroom 2 bath with office. Modern updates throughout. Tons of natural light, high ceilings, granite countertops, SS appliances, Private backyard oasis with pool and Jacuzzi. Walking distance from Eddins Elementary School and across the street from Falcon Creeks park and baseball field. This one is a must see and will move quickly.

Investor Tools

Property Icon
$518,000
Estimated Property Value
$346,643Estimated Mortgage Balance
$171,357Estimated Equity
33% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,108 /month
Positive
Cash Flow Estimate:
$1,036 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$869/month
$780/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,838
$506,792
2025
$126,000
$380,792
$506,792
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,838
$506,792

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guaranteed Rate Affinity Llc
Conventional
$384,000
No
First
Apr 21, 2021
May 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$346,643
$171,357
33%
67%
$2,303/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,020/mo
$3,083/mo
$-63/mo
7.0%

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.

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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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115 Falcon Creek Drive | Property Details | No Agent List