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$793,000

NAL Estimated Property Value

1604 Colonnade Ct, McKinney, TX, 75069

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,489 Sq Ft
price_per_sqft$351.55 / sqft
Year BuiltBuilt in 2022

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
AppliancesDishwasher, Disposal, Dryer, Electric Oven, Gas Cooktop, Ice Maker, Microwave, Wine Cooler

Building Information

Year Built2022
Stories1
Garage Spaces2

Land Information

APNR-12348-00A-0120-1
Lot Number12
SubdivisionVintage Place (Cmc)
Land UseResidential
Legal DescriptionVINTAGE PLACE (CMC), BLK A, LOT 12
Census Tract030802
Assessed Land Value$220,500
Assessed Improvement Value$507,967
Assessment Year2025

About this property

Welcome to a home where modern farmhouse charm meets everyday elegance. From the moment you approach the inviting front porch with its stately columns, you'll sense this is a residence designed for those who appreciate both style and comfort. Step inside to discover a great room that captures the imagination. Vaulted ceilings soar overhead with exposed white beams, while walls of windows flood the space with natural light. The kitchen commands attention with its stunning two-tone design—pristine white perimeter cabinets frame a show-stopping teal island topped with gleaming quartz. Twin beaded chandeliers cast a warm glow over this chef's paradise, complete with professional stainless appliances and a wine fridge tucked seamlessly into the island. The primary suite serves as your private sanctuary. Here, a soft blue accent wall creates instant calm, while the spa-worthy bathroom delights with matching teal vanities, designer tile work, and a freestanding tub positioned like a piece of art. Morning routines become moments of luxury in the glass-enclosed shower. But the true magic happens when indoor and outdoor living merge. Your covered patio—complete with fireplace, space for a mounted TV, and elegant wicker seating—overlooks a sparkling pool where turquoise water beckons. Whether hosting summer gatherings or enjoying quiet evenings, this backyard oasis delivers resort-style living every day. A dedicated home office with custom built-ins supports today's work-from-home needs, while two additional bedrooms welcome family and friends in style. The two-car garage provides convenient access and storage. This is where memories are made. Come see why this address should be yours.

Investor Tools

Property Icon
$793,000
Estimated Property Value
$395,926Estimated Mortgage Balance
$397,074Estimated Equity
50% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,250 /month
Positive
Cash Flow Estimate:
$1,750 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,217/month
$880/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$728,467
2025
$220,500
$507,967
$728,467
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$728,467

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Navy Fcu
Assumption
$400,000
Yes
First
Oct 28, 2025
Dec 2037

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$395,926
$397,074
50%
50%
$2,399/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$3,279/mo
$-1,307/mo
3.0%

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.

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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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1604 Colonnade Ct | Property Details | No Agent List