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$665,000

$679,000

1224 Elletracy St, McKinney, TX, 75071

On MarketInfo
Price DropInfo
Beds4 Beds
Baths3 Bath
Baths3,047 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$218.25 / sqft
Year BuiltBuilt in 2017

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
AppliancesDishwasher, Disposal, Gas Cooktop, Gas Oven, Gas Range, Gas Water Heater

Exterior

Exterior FeaturesPrivate Yard
Lot Size16,432 sqft

Building Information

Year Built2017
Stories2
Garage Spaces2

Land Information

APNR-10974-00A-0860-1
Lot Number86
SubdivisionParcel 1706 (Cmc)
Land UseResidential
Legal DescriptionPARCEL 1706 (CMC), BLK A, LOT 86
Census Tract030524
Assessed Land Value$202,500
Assessed Improvement Value$485,422
Assessment Year2025

About this property

Beautiful 4 bedroom, 3 bath home in the highly sought after Prestwyck community zoned to Prosper ISD. This spacious layout offers a media room, game room, and functional mud room, along with a stylish wet bar or coffee bar perfect for entertaining. The eat in kitchen features stainless steel appliances, granite countertops, a gas range, and flows seamlessly into the living area with soaring ceilings and abundant natural light. A second dining space adds flexibility for hosting or everyday living. Upstairs includes ensuite baths for two bedrooms, providing comfort and privacy. The oversized backyard is a blank canvas ready for a pool, play space, or outdoor retreat, complemented by a covered patio. Ideally located within walking distance to the community pool, park, and scenic trails, this home blends space, function, and lifestyle in one of Prosper’s most desirable neighborhoods.

Investor Tools

Property Icon
$687,922
Estimated Property Value
$417,276Estimated Mortgage Balance
$317,201Estimated Equity
39% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,128 /month
Positive
Cash Flow Estimate:
$1,376 /month

Interested in this property?

Melanie Caple

Caple & Company

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,382/month
$186/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$13,143
$687,922
2025
$202,500
$485,422
$687,922
No

Tax History

Year
Tax Paid
Assessed Value
2024
$13,143
$687,922

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Das Acquisition
Va
$417,276
Yes
First
Sep 25, 2020
Oct 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$370,721
$317,201
46%
54%
$2,502/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,520/mo
$2,688/mo
+$832/mo
6.1%

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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1224 Elletracy St | Property Details | No Agent List