Last 24 Hours
$558,239
NAL Estimated Property Value12325 Hitch Rack Way, McKinney, TX, 75071
Off Market
Lease
4 Beds
4 Bath
2,405 Sq Ft
$1.12 / sqft
Built in 2016Highlights
Interior
Bedrooms 4
Bathrooms Full 2.5AppliancesDishwasher, Disposal
FlooringCarpet, Ceramic Tile, Laminate
Exterior
Lot Size5,500 sqft
Building Information
Year Built2016
Stories2
Garage Spaces2
Land Information
APNR-10837-00L-0510-1
Lot Number51
SubdivisionParcel 1704 Phase 3 (Cmc)
Land UseResidential
Legal DescriptionPARCEL 1704 PHASE 3 (CMC), BLK L, LOT 51
Census Tract030524
Assessed Land Value$150,000
Assessed Improvement Value$408,239
Assessment Year2025
About this property
1.5 story home with game room and half bath upstairs, but 4 bedrooms and 2 full and 2 half bathrooms located in this great McKinney neighborhood attending Prosper Schools! Great location with easy access to anything in Frisco, McKinney or Prosper! Huge island open to family room. Formal dining that can be used for second living or second office. Middle School will be Jones Middle School opening this fall! SOLAR PANELS means lower bills for the tenant! Owner will cover a year of lawn maintenance too!
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$829/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,155
$558,239
2025
$150,000
$408,239
$558,239
No
Tax History
Year
Tax Paid
Assessed Value
2024
$7,155
$558,239
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Strong Home Mortgage Llc
Conventional
$276,300
No
First
Nov 23, 2020
Dec 2050
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$246,966
$311,273
55%
44%
$1,657/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,520/mo
$1,657/mo
+$1,863/mo
7.6%
12.4%