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B+
NoAgentList RatingHow are grades calculated?Info
Days52Days on Market
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$394,900

$399,900

1508 Sandy Rdg, McKinney, TX, 75069

On MarketInfo
Price DropInfo
Beds3 Beds
Baths2 Bath
Baths2,075 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$190.31 / sqft
Year BuiltBuilt in 1995

Property Lead Type:

BankruptcyPre-ForeclosureAbsentee OwnerHigh EquityCash BuyersMove-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 Oven, Gas Cooktop, Gas Range, Microwave, Vented Exhaust Fan
FlooringCarpet, Ceramic Tile, Hardwood, Tile

Exterior

Exterior FeaturesFire Pit, Private Yard

Building Information

Year Built1995
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR-1973-00A-0740-1
Lot Number74
SubdivisionEldorado Ridge (Cmc)
Land UseResidential
Legal DescriptionELDORADO RIDGE (CMC), BLK A, LOT 74
Census Tract030801
Assessed Land Value$85,500
Assessed Improvement Value$319,500
Assessment Year2025

About this property

Beautifully updated home on a desirable corner lot in McKinney ISD! This move-in-ready property features a private office, secluded primary suite, and numerous recent improvements, including updated carpet, wood flooring, granite countertops, hardware, refrigerator, dishwasher, gas range, microwave,sink, and fully remodeled bathrooms completed approximately two years ago. The kitchen showcases granite countertops and opens to inviting living spaces accented by elegant plantation shutters. Gather with family and friends around the cozy gas fireplace, creating a warm focal point for the main living area. The laundry room offers extra space for a freezer, adding everyday convenience. Step outside to a serene backyard retreat featuring a large grassy yard, paved sitting areas, and charming wooden benches, providing plenty of room for relaxation, play, and entertaining. Conveniently located near highly rated McKinney schools, the expanding McKinney National Airport, and the upcoming Sunset amphitheater development, this home offers comfort, function, and exceptional accessibility.

Investor Tools

$0Estimated Mortgage Balance
$405,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,430 /month
Positive
Cash Flow Estimate:
$810 /month

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Tod Franklin

DFWCityhomes

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$783/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,372
$405,000
2025
$85,500
$319,500
$405,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,372
$405,000

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$410,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,572/mo
N/A
+$2,572/mo
7.6%

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.

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

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1508 Sandy Rdg | Property Details | No Agent List