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$480,000

NAL Estimated Property Value

1508 Wagner Dr, McKinney, TX, 75071

Off MarketInfo
LeaseInfo
Beds4 Beds
Baths4 Bath
Baths2,223 Sq Ft
price_per_sqft$1.33 / sqft
Year BuiltBuilt in 2021

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3.5Bathrooms Full 3.5
AppliancesDishwasher, Disposal, Gas Cooktop, Microwave, Refrigerator
FlooringCarpet, Vinyl

Building Information

Year Built2021
Stories2
Garage Spaces2

Land Information

APNR-11968-00H-0140-1
Lot Number14
SubdivisionWeston Ridge Phase 2
Land UseResidential
Legal DescriptionWESTON RIDGE PHASE 2, BLK H, LOT 14
Census Tract030202
Assessed Land Value$100,000
Assessed Improvement Value$363,601
Assessment Year2025

About this property

Charming 4-Bedroom Home for Lease. Nestled in a serene suburban neighborhood, this delightful 4-bedroom, 3-bathroom house is the perfect place to call home. With a cozy and inviting atmosphere, this residence offers a harmonious blend of comfort and style. The open-concept living and dining areas are bathed in natural light, while the spacious kitchen boasts modern appliances and ample storage. Step outside to the private backyard where you can unwind on the covered patio. The master bedroom features an en-suite bathroom, and the three additional bedrooms provide versatility for a home office, guest room, or family space. The home comes equipped with solar panels so tenants will have the luxury of experiencing abnormally low electricity bills that average $30+- in the wintertime and around $100+- for the very hot summer months. Don't miss the opportunity to lease this wonderful property and make it your own. Welcome home! Agent to verify all information.

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$603/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,837
$463,601
2025
$100,000
$363,601
$463,601
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,837
$463,601

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Dhi Mortgage Company Ltd
Conventional
$285,302
No
First
Sep 25, 2021
Oct 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$260,040
$219,960
45%
54%
$1,711/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,520/mo
$1,711/mo
+$1,809/mo
8.8%

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 Wagner Dr | Property Details | No Agent List