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$587,390

NAL Estimated Property Value

1224 Putman Dr, McKinney, TX, 75071

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths2,761 Sq Ft
price_per_sqft$213.65 / sqft
Year BuiltBuilt in 2020

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 4Bathrooms Full 4
AppliancesDishwasher, Electric Oven, Gas Cooktop, Disposal, Microwave, Tankless Water Heater, Vented Exhaust Fan
FlooringCarpet, Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesRain Gutters
Lot Size7,357 sqft

Building Information

Year Built2020
Stories2
Garage Spaces3

Land Information

APNR-11911-00O-0070-1
Lot Number7
SubdivisionWillow Wood Phase 3 (Cmc)
Land UseResidential
Legal DescriptionWILLOW WOOD PHASE 3 (CMC), BLK O, LOT 7
Census Tract030201
Assessed Land Value$154,000
Assessed Improvement Value$433,390
Assessment Year2025

About this property

Immaculate stone and brick home 5 bedroom 4 bath or 4 bedroom plus study, with a three car garage. Open floor plan with a 2 story wall of windows in family room & stunning gas fireplace. Beautifully appointed with a curved staircase, high ceilings & handsome hardwood flooring. Chefs kitchen includes granite counter tops, large island, SS appliances, double ovens & Butler's Pantry. Large walk in pantry & ample storage are also assets to the kitchen. First floor, Primary bedroom is private, w sitting area & view of the backyard. Study office & the formal dining are on the first floor too. Upstairs a large game room, three bedrooms & two full baths. Energy Efficient with Tankless Water Heater and SAVANT Smart Home Automation. Ecobee Smart Thermostat, Home Team Pest Defense, built in the walls, full security system w key pads, & tech pre-wire are just some of the upgrades. Covered patio & gas stub for grilling. Highly rated Melissa ISD. Community amenities include park, trails & pool.

Investor Tools

Property Icon
$587,390
Estimated Property Value
$459,274Estimated Mortgage Balance
$128,116Estimated Equity
21% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,539 /month
Positive
Cash Flow Estimate:
$1,180 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,058/month
$664/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,765
$587,390
2025
$154,000
$433,390
$587,390
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,765
$587,390

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Conventional
$464,000
No
First
Oct 9, 2025
Nov 2040

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$459,274
$128,116
21%
78%
$2,782/mo

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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1224 Putman Dr | Property Details | No Agent List