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$559,272

12413 Hitch Rack Way, McKinney, TX, 75071

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,430 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$170.78 / sqft
Year BuiltBuilt in 2016

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2.5Bathrooms Full 2.5
AppliancesDishwasher, Disposal, Gas Cooktop, Microwave, Plumbed For Ice Maker
FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesRain Gutters
Lot Size5,500 sqft

Building Information

Year Built2016
Stories2
Garage Spaces2

Land Information

APNR-10837-00L-0470-1
Lot Number47
SubdivisionParcel 1704 Phase 3 (Cmc)
Land UseResidential
Legal DescriptionPARCEL 1704 PHASE 3 (CMC), BLK L, LOT 47
Census Tract030524
Assessed Land Value$150,000
Assessed Improvement Value$409,272
Assessment Year2025

Investor Tools

Property Icon
$559,272
Estimated Property Value
$450,080Estimated Mortgage Balance
$151,396Estimated Equity
20% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,356 /month
Positive
Cash Flow Estimate:
$1,119 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$992/month
$144/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,109
$559,272
2025
$150,000
$409,272
$559,272
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,109
$559,272

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Mortgage Financial Services Llc
Conventional
$450,080
No
First
Jun 28, 2021
Jul 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$407,876
$151,396
27%
73%
$2,699/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,520/mo
$2,843/mo
+$677/mo
7.6%

Learn About the Market: Opportunity in Texas

Local Market Pages
Local Market Pages 2Local Market Pages 3Local Market Pages 4

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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