Last 24 Hours
$680,375
NAL Estimated Property Value1528 Timber Edge Dr, McKinney, TX, 75072
Off Market
4 Beds
3 Bath
3,631 Sq Ft
$151.45 / sqft
Built in 1990Property Lead Type:
Off-Market ListAbsentee OwnerHigh Equity
Highlights
Interior
Bedrooms 4
Bathrooms Full 2.5
Indoor Fireplace
Garage Available
Heating Central
CoolingAppliancesDishwasher, Disposal, Double Oven, Electric Cooktop, Microwave, Electric Water Heater
FlooringCarpet, Ceramic Tile, Wood
Exterior
Exterior FeaturesRain Gutters
Building Information
Year Built1990
Stories2
Roof Type105
Garage Spaces2
Land Information
APNR-2473-00B-0230-1
Lot Number23
SubdivisionSpring Hill Phase I (Cmc)
Land UseResidential
Legal DescriptionSPRING HILL PHASE I (CMC), BLK B, LOT 23
Census Tract030534
Assessed Land Value$150,000
Assessed Improvement Value$530,375
Assessment Year2025
About this property
MULTIPLE OFFERS Received. HIGHEST & BEST Deadline at 6PM Jan. 5, 2022. Custom home built in Stonebridge Ranch. open floor plan with large space in kitchen, living rooms, nice wet bar with wine nook, and large size back yard for family time and entertainment. Granite countertop in kitchen and master bath. Attractive light fixtures in kitchen and front portch. Hardwood floors and large size tiles on first floor. The property is close to major highways (75, 121, and 380) and roads (Eldorado pkwy, Custer rd, Alma...), shopping centers and grocery stores.
Investor Tools
$680,375
Estimated Property Value
$404,821Estimated Mortgage Balance
$275,554Estimated Equity
40% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,082 /month
Positive
Cash Flow Estimate:
$1,361 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,189/month
$700/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,861
$680,375
2025
$150,000
$530,375
$680,375
No
Tax History
Year
Tax Paid
Assessed Value
2024
$10,861
$680,375
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocket Mortgage Llc
Conventional
$440,000
No
First
Feb 7, 2022
Mar 2052
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$404,821
$275,554
40%
59%
$2,639/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,020/mo
$3,339/mo
$-319/mo
5.3%
12.4%