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$509,000

NAL Estimated Property Value

1205 Overland Trl, McKinney, TX, 75071

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,896 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$263.45 / sqft
Year BuiltBuilt in 2016

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2.5Bathrooms Full 2.5
AppliancesDishwasher, Disposal, Gas Cooktop, Gas Oven, Microwave
FlooringCarpet, Laminate, Tile

Exterior

Lot Size1.10 acres

Building Information

Year Built2016
Stories2
Garage Spaces2

Land Information

APNR-10883-00D-0280-1
Lot Number28
SubdivisionTrails Of 1827 Section Two
Land UseResidential
Legal DescriptionTRAILS OF 1827 SECTION TWO, BLK D, LOT 28
Census Tract031005
Assessed Land Value$126,247
Assessed Improvement Value$319,968
Assessment Year2025

About this property

Highly sought after location. Well Kept. Country living close to the conveniences of McKinney, Princeton and Allen. 1.1 acre fenced lot with 3 bedrooms and 2.5 bathrooms. All Rooms are spacious. Master down has separate tub and shower with large closet. One living up and another one down. Formal dining. Granite kitchen island opens to living. Gas Stove & pantry. Large utility room has space for a freezer. 20x20 attached garage with garage door opener. 1 remote and pad on the wall. 12x16 cvrd patio, 29x13 open patio. Roof replaced 2022 per owner. AC condenser replaced 2022 per owner. Owned Solar Panels will convey. Detached 30x40 workshop has foam insulation in ceiling and batted wall insulation, electricity, 15' wide by 10' tall drive-in door and additional walk thru. Window unit in garage stays. Several fruit trees, maple and redbud. 500 gallon Owned Propane tank is buried on the east side of the house, see a black box where it gets filled. It will convey propane to be pro rated.

Investor Tools

Property Icon
$509,000
Estimated Property Value
$430,915Estimated Mortgage Balance
$78,085Estimated Equity
15% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,054 /month
Positive
Cash Flow Estimate:
$1,018 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$640/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,140
$446,215
2025
$126,247
$319,968
$446,215
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,140
$446,215

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Gateway First Bank
Conventional
$456,000
No
First
May 12, 2023
Jun 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$430,915
$78,085
15%
85%
$2,734/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,520/mo
$2,734/mo
+$786/mo
8.3%

City: McKinney

1205 Overland Trl | Property Details | No Agent List