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$675,517

NAL Estimated Property Value

1316 Madrid Falls Dr, McKinney, TX, 75071

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths3,629 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$188.76 / 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, Electric Oven, Gas Range, Gas Water Heater, Microwave, Plumbed For Ice Maker
FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesBalcony, Rain Gutters
Lot Size8,201 sqft

Building Information

Year Built2016
Stories2
Garage Spaces2

Land Information

APNR-10745-00C-0170-1
Lot Number17
SubdivisionTrinity Falls Planning Unit 1 Phase 2b
Land UseResidential
Legal DescriptionTRINITY FALLS PLANNING UNIT 1 PHASE 2B, BLK C, LOT 17
Census Tract030202
Assessed Land Value$145,000
Assessed Improvement Value$530,517
Assessment Year2025

About this property

This home has it all! Gorgeous 2-story home offering 4 bedrooms and 3.5 baths with formal dining, private office, game room, media room, outdoor balcony & extended covered patio. The gourmet kitchen includes stainless steel appliances, gas range, & oversized island with pendant lighting. The oversized master suite offers a spa-like bath with double vanities, garden tub, separate shower, and 2 walk-in closets. Upstairs you will find 3 additional bedrooms with 2 full baths. Just off the game room is the huge covered balcony overlooking the front yard. The media room features theater-style seating. The large backyard offers an extended covered patio for even more entertaining options. Enjoy all of the Trinity Falls neighborhood amenities such as parks, lakes, trails, beach-entry pool, splash pad, trike track, playground & dog park.

Investor Tools

Property Icon
$675,517
Estimated Property Value
$1,021,298Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,110 /month
Positive
Cash Flow Estimate:
$1,370 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$908/month
$312/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,515
$675,517
2025
$145,000
$530,517
$675,517
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,515
$675,517

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Unknown
$548,000
No
First
Sep 27, 2022
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$1,021,298
N/A
0%
151%
$6,572/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,520/mo
$6,884/mo
$-3,364/mo
6.3%

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 Madrid Falls Dr | Property Details | No Agent List