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$690,000

1321 Baynes Dr, McKinney, TX, 75071

Off MarketInfo
Beds5 Beds
Baths4 Bath
Baths3,390 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$203.54 / sqft
Year BuiltBuilt in 2018

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 4Bathrooms Full 4
AppliancesDishwasher, Disposal, Gas Cooktop, Gas Oven
FlooringCarpet, Ceramic Tile, Hardwood

Exterior

Lot Size10,224 sqft

Building Information

Year Built2018
Stories2
Garage Spaces2

Land Information

APNR-11333-00T-0140-1
Lot Number14
SubdivisionWillow Wood Phase 2a (Cmc)
Land UseResidential
Legal DescriptionWILLOW WOOD PHASE 2A (CMC), BLK T, LOT 14
Census Tract030201
Assessed Land Value$172,500
Assessed Improvement Value$488,461
Assessment Year2025

About this property

At nearly a quarter of an acre, this corner lot home catches your eye from curb appeal alone by giving you the grace of saying, Welcome Home. Standing at 3390 sq ft of space, this home offers plenty of spaces to enjoy & entertain. Upon entry, you have access to a study that can double as bedroom 5. Nestled near the study are a formal living room & dining room with nice natural light and plantation shutters. A butlers pantry leads you into the chef's kitchen the features a built-in stove & oven with a gas cooktop. The kitchen opens up to the grand stairs & living room. This home really shows its best highlights in the open concept of the living and kitchen areas. The lower level features the primary bedroom suite along with a full bath. Upstairs, you'll have a large loft with three secondary bedrooms with one having a full bath suite. The media room is plumbed for a wet bar. Covered extended patio for outdoor living included. Imagine Texas nights on the patio here.

Investor Tools

Property Icon
$660,961
Estimated Property Value
$458,850Estimated Mortgage Balance
$233,385Estimated Equity
31% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,140 /month
Positive
Cash Flow Estimate:
$1,380 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,205/month
$167/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$11,159
$660,961
2025
$172,500
$488,461
$660,961
No

Tax History

Year
Tax Paid
Assessed Value
2024
$11,159
$660,961

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Legend Lending Corp
Conventional
$458,850
No
First
Sep 1, 2022
Oct 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$427,576
$233,385
35%
65%
$2,752/mo

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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1321 Baynes Dr | Property Details | No Agent List