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$641,467

1603 Crown Point Rd, McKinney, TX, 75072

Off MarketInfo
Beds5 Beds
Baths5 Bath
Baths3,480 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$182.44 / sqft
Year BuiltBuilt in 1997

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 3.5Bathrooms Full 3.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Cooktop, Microwave, Vented Exhaust Fan
FlooringCarpet, Ceramic Tile, Wood

Building Information

Year Built1997
Stories2
Roof Type105
Garage Spaces2

Land Information

APNR-3515-00C-0090-1
Lot Number9
SubdivisionSpring Hill Phase Ii (Cmc)
Land UseResidential
Legal DescriptionSPRING HILL PHASE II (CMC), BLK C, LOT 9
Census Tract030534
Assessed Land Value$150,000
Assessed Improvement Value$491,467
Assessment Year2025

About this property

Situated in the heart of McKinney and was builder model home, this stunning home boasts high ceilings and an abundance of natural light, creating a spacious and bright living environment. The updated kitchen features modern finishes, making it perfect for cooking enthusiasts and entertaining guests. With its prime location and numerous updates, enjoy living in a vibrant neighborhood while taking in the beautiful cityscape views right from your window. This property is perfect for those looking for a blend of convenience, style, and comfort. Full interior and exterior paint this summer, new roof Sep 2024, all new lights and ceiling fans throughout the house Aug,2024, new carpet and new flooring throughout the house, all new appliances, all new door hardware, new sink faucets, and lot lot more updates with the house await for viewing.

Investor Tools

Property Icon
$641,467
Estimated Property Value
$0Estimated Mortgage Balance
$641,467Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,849 /month
Positive
Cash Flow Estimate:
$1,283 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,115/month
$953/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,172
$641,467
2025
$150,000
$491,467
$641,467
No

Tax History

Year
Tax Paid
Assessed Value
2024
$10,172
$641,467

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$641,467
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,020/mo
$953/mo
+$2,067/mo
5.6%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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.

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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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1603 Crown Point Rd | Property Details | No Agent List