$373,930
NAL Estimated Property Value1400 Courtland Ln, McKinney, TX, 75069
Off Market
Property Lead Type:
Off-Market ListAbsentee Owner
Highlights
Interior
AppliancesDishwasher, Disposal
Building Information
Year Built1996
Stories1
Roof Type105
Garage Spaces2
Land Information
APNR-1973-00F-0120-1
Lot Number12
SubdivisionEldorado Ridge (Cmc)
Land UseResidential
Legal DescriptionELDORADO RIDGE (CMC), BLK F, LOT 12
Census Tract030801
Assessed Land Value$90,000
Assessed Improvement Value$283,930
Assessment Year2025
About this property
Great home in great location. Single story brick with 2 car garage. Ready to make it your own! Seller to pay $10,000 in carpet or renovation allowance. Corner lot. Excellent opportunity.
Investor Tools
$373,930
Estimated Property Value
$247,085Estimated Mortgage Balance
$126,845Estimated Equity
33% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,244 /month
Positive
Cash Flow Estimate:
$748 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$263/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,282
$373,930
2025
$90,000
$283,930
$373,930
No
Tax History
Year
Tax Paid
Assessed Value
2024
$1,282
$373,930
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
David Alan Larson Etux
Purchase Money Mortgage
$250,000
No
First
Sep 2, 2025
Sep 2040
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$247,085
$126,845
33%
66%
$1,499/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,499/mo
+$473/mo
6.3%
