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$499,000

1204 Caney Creek Ln, McKinney, TX, 75071

On MarketInfo
Just AddedInfo
Beds4 Beds
Baths3 Bath
Baths2,628 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$189.88 / sqft
Year BuiltBuilt in 2016

Property Lead Type:

BankruptcyOff-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3.5Bathrooms Full 3.5
AppliancesDishwasher, Disposal, Gas Range, Gas Water Heater, Microwave
FlooringCarpet, Laminate, Tile

Exterior

Exterior FeaturesRain Gutters
Lot Size7,240 sqft

Building Information

Year Built2016
Stories2
Garage Spaces2

Land Information

APNR-10745-00D-0270-1
Lot Number27
SubdivisionTrinity Falls Planning Unit 1 Phase 2b
Land UseResidential
Legal DescriptionTRINITY FALLS PLANNING UNIT 1 PHASE 2B, BLK D, LOT 27
Census Tract030202
Assessed Land Value$135,000
Assessed Improvement Value$411,866
Assessment Year2025

About this property

Designed for how people actually live, this beautifully updated one and a half story home pairs refined design with everyday ease. Thoughtfully aligned with the lifestyle of Trinity Falls, daily life is shaped by miles of trails, parks, resort style pools, and gathering spaces woven throughout the community. The modern Texas Hill Country exterior showcases beautiful stonework and freshly stained cedar accents, creating a warm yet elevated first impression. Inside, a dramatic rotunda entry, arched doorways, and a custom staircase immediately set the tone for the level of design throughout. Fresh paint, all new flooring, and designer lighting deliver a true turnkey experience. The open concept kitchen, dining, and living spaces are anchored by an upgraded kitchen with custom cabinetry additions, stylish backsplash, and updated fixtures, ideal for both daily living and entertaining. The primary suite is exceptional, featuring an attached flex space behind French doors that works seamlessly as a nursery, gym, or custom closet. Downstairs also includes a private study and two secondary bedrooms, allowing the home to live primarily on one level. Upstairs, a bedroom, full bath, and game room provide flexible space for guests or everyday use. All of this is set within an award winning school district with an on site elementary school in one of McKinney’s premier master planned communities.

Investor Tools

Property Icon
$546,866
Estimated Property Value
$353,499Estimated Mortgage Balance
$238,651Estimated Equity
35% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,281 /month
Positive
Cash Flow Estimate:
$1,094 /month

Interested in this property?

Mason Colman

Coldwell Banker Apex, REALTORS

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$505/month
$375/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,330
$546,866
2025
$135,000
$411,866
$546,866
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,330
$546,866

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Department Of Housing & Urban Dev
Fha
$353,499
Yes
First
Nov 1, 2019
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$308,215
$238,651
43%
56%
$2,120/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.

Explore Texas Explore This Area
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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1204 Caney Creek Ln | Property Details | No Agent List