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$421,323

1205 Rain Fern Dr, McKinney, TX, 75072

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,805 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$235.46 / sqft
Year BuiltBuilt in 2006

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Electric Range, Microwave, Refrigerator
FlooringTile, Wood

Building Information

Year Built2006
Stories1
Garage Spaces2

Land Information

APNR-8478-00O-0320-1
Lot Number32
SubdivisionWinsor Meadows At Westridge Phase 3 (Cmc
Land UseResidential
Legal DescriptionWINSOR MEADOWS AT WESTRIDGE PHASE 3 (CMC), BLK O, LOT 32
Census Tract030539
Assessed Land Value$120,000
Assessed Improvement Value$301,323
Assessment Year2025

About this property

Welcome to this charming 1-story home featuring 3 bedrooms and 2 bathrooms in the city of McKinney with Frisco ISD and close proximity to schools, shopping and major highways. Upon entering, you are welcomed with an open floorplan with the kitchen having a large island and breakfast bar that overlooks into the family room. This home has the perfect amount of space that's ideal for entertaining friends and family.

Investor Tools

Property Icon
$421,323
Estimated Property Value
$311,250Estimated Mortgage Balance
$123,211Estimated Equity
26% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,550 /month
Positive
Cash Flow Estimate:
$850 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$599/month
$460/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,087
$421,323
2025
$120,000
$301,323
$421,323
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,087
$421,323

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Relfin Inc
Conventional
$311,250
No
First
Jan 23, 2024
Feb 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$298,112
$123,211
29%
71%
$1,867/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,320/mo
$2,327/mo
$-7/mo
6.6%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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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1205 Rain Fern Dr | Property Details | No Agent List