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$329,000

119 Redbud Trl, McKinney, TX, 75069

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,382 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.45 / sqft
Year BuiltBuilt in 1966

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 Range, Gas Water Heater, Microwave, Refrigerator
FlooringCarpet, Tile, Wood

Exterior

Exterior FeaturesStorage
Lot Size9,015 sqft

Building Information

Year Built1966
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR-0929-000-0100-1
Lot Number10
SubdivisionPark West Addition (Cmc)
Land UseResidential
Legal DescriptionPARK WEST ADDITION (CMC), LOT 10
Census Tract030702
Assessed Land Value$162,500
Assessed Improvement Value$164,500
Assessment Year2025

About this property

LOOK NO FURTHER! THIS REMODELED, UPDATED & OPEN FLOORPLAN IS READY TO BE LEASED! As you turn on to Redbud Trail, you'll immediately appreciate this quiet & very quaint McKinney neighborhood nestled in a fabulous location near schools, shopping, restaurants & so much more. As you arrive, the updated elevation with shutters & cozy front porch will draw you in. As you enter, you'll experience a sudden WOW factor! Step down from the formal living area into the sunken family room with brick wood burning fireplace. Enjoy cooking in the delicious kitchen with granite countertops, built-in microwave, dishwasher, gas range, stainless steel refrigerator & breakfast bar which is open to the dining room large enough for your dining table & seating for many. As you walk down the hallway, you'll appreciate the massive hall closet with tons of room for storage. The primary bedroom has an ensuite bathroom with granite countertops, built-in cabinets, & walk-in remodeled shower. The secondary bedrooms share a large bathroom with tub shower combination & granite countertops. Enjoy the Texas weather in the huge backyard with massive tree, oversized covered patio with string lights, & storage building. A must see!

Investor Tools

Property Icon
$329,000
Estimated Property Value
$92,000Estimated Mortgage Balance
$283,582Estimated Equity
72% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,974 /month
Positive
Cash Flow Estimate:
$658 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$397/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,115
$327,000
2025
$162,500
$164,500
$327,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,115
$327,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Argent Mortgage Company Llc
Purchase Money Mortgage
$92,000
No
First
Dec 29, 2006
Jan 2037

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$45,418
$283,582
86%
14%
$0/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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119 Redbud Trl | Property Details | No Agent List