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$320,833

NAL Estimated Property Value

1360 Scenic Hills Dr, McKinney, TX, 75071

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,532 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$221.28 / sqft
Year BuiltBuilt in 2005

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

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, Microwave
FlooringCarpet, Vinyl

Building Information

Year Built2005
Stories1
Garage Spaces1

Land Information

APNR-8574-00G-0050-1
Lot Number5
SubdivisionBrookview Phase 2b (Cmc)
Land UseResidential
Legal DescriptionBROOKVIEW PHASE 2B (CMC), BLK G, LOT 5
Census Tract030548
Assessed Land Value$110,250
Assessed Improvement Value$210,583
Assessment Year2025

About this property

Fully Renovated 3-Bedroom Home Backing to Greenbelt – Prime McKinney Location This beautifully remodeled 3-bedroom, 2-bathroom home offers the perfect blend of modern upgrades and natural tranquility. Featuring a spacious open-concept layout, this home has been thoughtfully updated throughout, making it move-in ready for today’s discerning buyer. Recent Upgrades Include: Fresh interior paint throughout the entire home Stunning 3 cm quartz kitchen countertops Brand-new stainless steel appliances Fully renovated master bathroom with a new custom shower Luxury plank flooring in main living areas Top-grade carpet in bedrooms Nestled in a quiet, scenic neighborhood and backing to a lush greenbelt, the backyard offers a peaceful retreat with mature trees and direct access to nearby trails. Located within walking distance to Minshew Elementary and McKinney Boyd High School, this home is ideal for families. You’ll also enjoy close proximity to a golf course, a variety of restaurants, Costco, Baylor Hospital, and vibrant downtown McKinney. With convenient access to both Dallas North Tollway and Highway 75, commuting is a breeze. This home combines comfort, quality, and location – don’t miss out on this incredible opportunity!

Investor Tools

Property Icon
$320,833
Estimated Property Value
$165,051Estimated Mortgage Balance
$155,782Estimated Equity
48% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,034 /month
Positive
Cash Flow Estimate:
$678 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,662/month
$78/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$18,335
$320,833
2025
$110,250
$210,583
$320,833
Yes (2022)

Tax History

Year
Tax Paid
Assessed Value
2024
$18,335
$320,833

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Conventional
$167,500
No
First
Jul 21, 2025
Aug 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$165,051
$155,782
48%
51%
$1,005/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,700/mo
$1,083/mo
+$1,617/mo
10.1%

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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1360 Scenic Hills Dr | Property Details | No Agent List