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$354,000

NAL Estimated Property Value

1316 Annalea Dr, McKinney, TX, 75071

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,868 Sq Ft
price_per_sqft$128.48 / sqft
Year BuiltBuilt in 2005

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Electric Range, Plumbed For Ice Maker, Refrigerator
FlooringCarpet, Ceramic Tile

Exterior

Exterior FeaturesRain Gutters

Building Information

Year Built2005
Stories1
Garage Spaces2

Land Information

APNR-8574-00P-0180-1
Lot Number18
SubdivisionBrookview Phase 2b (Cmc)
Land UseResidential
Legal DescriptionBROOKVIEW PHASE 2B (CMC), BLK P, LOT 18
Census Tract030548
Assessed Land Value$100,000
Assessed Improvement Value$246,848
Assessment Year2025

About this property

REDUCED ALMOST $19K! Lease to Own with Home Partners. TRULY Immaculate, One story gem in Brookview Built 2005, just minutes from everything one could ever need! If you're looking for Boyd HS & Minshew Elem, both within walking distance, this is the house! Across the street from the Green Belt, this awesome 3 Bedrm, 2 Bath has a Spacious Open Floor Plan includes Formal Dining, over looking the Living area, open area Kitchen for 2nd eating area, has loads of counter space & cabinets for storage, plus an 8x5 walk-in pantry! Upgrades are Interior & Exterior paint, Roof, Maytag Micro, Stove and Dishwasher, HWH,New Tile in entry plus new carpet with upgraded padding, removed pop corn ceilings.Beautiful landscaping!!

Investor Tools

Property Icon
$354,000
Estimated Property Value
$207,024Estimated Mortgage Balance
$146,976Estimated Equity
41% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,124 /month
Positive
Cash Flow Estimate:
$708 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$532/month
$71/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,610
$346,848
2025
$100,000
$246,848
$346,848
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,610
$346,848

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Pennymac Loan Services Llc
Fha
$229,334
Yes
First
Apr 9, 2021
May 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$207,024
$146,976
41%
58%
$1,375/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,700/mo
$1,446/mo
+$1,254/mo
9.2%

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.

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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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1316 Annalea Dr | Property Details | No Agent List