Real opportunities. Driven by live market signals.
Updated every minute.

Browse Homes — Buy Direct, Deal on Your Terms

Updated Properties Icon
Updated Properties
Last 24 HoursLast 24 Hours
Gallery image 2
Gallery image 3
Gallery image 4
Gallery image 5

$620,787

NAL Estimated Property Value

1416 Madrid Falls Drive, McKinney, TX, 75071

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,951 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$140.63 / sqft
Year BuiltBuilt in 2016

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 3Bathrooms 3
AppliancesDishwasher, Electric Oven, Gas Cooktop, Plumbed For Ice Maker, Vented Exhaust Fan
FlooringCarpet, Ceramic Tile, Wood

Exterior

Lot Size8,191 sqft

Building Information

Year Built2016
Stories2
Garage Spaces3

Land Information

APNR-10745-00C-0120-1
Lot Number12
SubdivisionTrinity Falls Planning Unit 1 Phase 2b
Land UseResidential
Legal DescriptionTRINITY FALLS PLANNING UNIT 1 PHASE 2B, BLK C, LOT 12
Census Tract030202
Assessed Land Value$145,000
Assessed Improvement Value$475,787
Assessment Year2025

About this property

Barely lived in 1.5 story home in the highly desirable Trinity Falls! 3 car garage, 3 bedrooms with 2.5 baths and office downstairs. Upstairs an oversized game room perfect for entertaining. 8ft doors throughout this open concept floor plan. Large kitchen island is open to the spacious living area and coffered ceiling dining room. Master bedroom has its own private area and bathroom with large vanities. Master walk-in closet leads through to laundry room with custom built-in cabinets. Beautiful covered patio with cedar beams and plenty of backyard space. Close to parks and pool with splash pad. Dog park, fishing ponds, and frisbee golf course all within the neighborhood! New amenity center with gym coming 2021.

Investor Tools

Property Icon
$620,787
Estimated Property Value
$261,199Estimated Mortgage Balance
$359,588Estimated Equity
57% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,725 /month
Positive
Cash Flow Estimate:
$1,242 /month

Interested in this property?

Run an Owner Lookup!

Unlock Owner Contacts

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$784/month
$400/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,308
$620,787
2025
$145,000
$475,787
$620,787
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,308
$620,787

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Primelending
Conventional
$294,000
No
First
Aug 16, 2020
Sep 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$261,199
$359,588
57%
42%
$1,763/mo

Learn About the Market: Opportunity in Texas

Local Market Pages
Local Market Pages 2Local Market Pages 3Local Market Pages 4

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.

Explore Texas Explore This Area
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

No Agent List Top Properties.

These are Deal List properties graded A+, A.

Loading properties...

Sold Properties

Loading properties...

1416 Madrid Falls Drive | Property Details | No Agent List