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$557,500

12001 Tobosa Cir, McKinney, TX, 75071

Under ContractInfo
Beds4 Beds
Baths3 Bath
Baths2,705 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$206.1 / sqft
Year BuiltBuilt in 2013

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Microwave
FlooringCarpet, Ceramic Tile

Exterior

Private PoolPrivate Pool
Exterior FeaturesRain Gutters
Lot Size15,519 sqft

Building Information

Year Built2013
Stories2
Garage Spaces2

Land Information

APNR-10214-00K-0550-1
Lot Number55
SubdivisionParcel 1704
Land UseResidential
Legal DescriptionPARCEL 1704 PHASE 1 (CMC), BLK K, LOT 55
Census Tract030524
Assessed Land Value$214,500
Assessed Improvement Value$461,215
Assessment Year2025

About this property

Location is key and this desirable area of McKinney truly has it all. This beautifully maintained 4 bedroom, 3.5 bathroom home offers approximately 2,700 square feet in a nice neighborhood with welcoming drive up appeal and sits on a corner lot with an oversized yard perfect for play and entertaining. Upon entering, you are greeted by soaring cathedral ceilings and an abundance of natural light. The first floor features a designated office or multipurpose room ideal for working from home, hobbies, or a second living space. The heart of the home showcases an open concept kitchen, living room, and dining area overlooking the backyard. The kitchen is equipped with granite countertops, stainless steel appliances, and a double oven range, making it perfect for everyday living and hosting guests. The spacious primary suite is tucked away downstairs and includes an ensuite bath with separate shower, jetted tub, double vanity, and walk in closet. Upstairs you will find three additional bedrooms along with a large gameroom offering endless possibilities. Step outside to enjoy the large covered patio and sparkling swimming pool just in time for the Texas summer.

Investor Tools

$285,982Estimated Mortgage Balance
$391,577Estimated Equity
57% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,054 /month
Positive
Cash Flow Estimate:
$1,351 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,071/month
$185/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,474
$675,715
2025
$214,500
$461,215
$675,715
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,474
$675,715

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Wells Fargo Bank Na
Conventional
$328,000
No
First
Dec 24, 2019
Jan 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$285,982
$389,733
57%
42%
$1,967/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,520/mo
$2,152/mo
+$1,368/mo
6.3%

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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12001 Tobosa Cir | Property Details | No Agent List