B+

NoAgentList RatingHow are grades calculated?

1view

$585,000

1606 Crown Point Rd, McKinney, TX, 75072

Off Market

4 Beds

3 Bath

2,833 Sq Ft

Single Family Residence

$206.49 / sqft

Built in 1998

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4

Bathrooms Full 3

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDishwasher, Disposal, Dryer, Electric Cooktop, Electric Oven, Gas Water Heater, Microwave, Refrigerator, Washer

FlooringCarpet, Ceramic Tile, Wood

Exterior

Private Pool

Exterior FeaturesRain Gutters

Building Information

Year Built1998

Stories2

Roof Type105

Garage Spaces2

Land Information

APNR-3515-00B-0080-1

Lot Number8

SubdivisionSpring Hill Phase Ii (Cmc)

Land UseResidential

Legal DescriptionSPRING HILL PHASE II (CMC), BLK B, LOT 8

Census Tract030534

Assessed Land Value$150,000

Assessed Improvement Value$434,281

Assessment Year2025

About this property

Beautifully Updated 4 BDRM, 3 BA W Pool & Spa + Arbor & Play yard in Beautiful Stonebridge Ranch! Sought After Master Suite + 2 BDRM's Up W Game Room! Desirable Mother In Law Suite Down. ISL KT Overlooks Family RM W Fireplace (Gas Starter) and has Granite & Travertine Counters, Stainless Steel Oven + Microwave, Dishwasher, Cooktop & Large Pantry! Travertine Floors in KT & BK & Hardwood Floors in DR, Family, & Downstairs Bedroom. Plantation Shutters! Ceiling Moldings. DR & Office W French Doors Down! Master has Travertine Floors, Dual Sinks, Tub + Shower, Medicine Cabinet & Huge WIC! Two Secondary BDRM's Share Jack-N-Jill Bath Marble Countertops, Remodeled Shower, & Barnhouse Doors. New Pool Plaster & Tile - 2022. Two Furnaces & One AC Unit - 2022. One AC Unit - 2019. Whole House Water softener. Water Heaters - 2022. Oversized 2-Car Garage. Incredible Stonebridge Ranch Amenities Include Beach Club, Tennis Courts, Aquatic Center, Lakes, & Walking Trails - Only $860 - Year!

Investor Tools

$584,281

Estimated Property Value

$420,000Estimated Mortgage Balance

$189,439Estimated Equity

28% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$3,510 /month

Positive

Cash Flow Estimate:

$1,170 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$945/month

$865/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$8,418

$584,281

2025

$150,000

$434,281

$584,281

Tax History

Year

Tax Paid

Assessed Value

2024

$8,418

$584,281

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Highlands Residential Mortgage Ltd

Conventional

$420,000

First

Feb 13, 2023

Mar 2053

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$394,842

$189,439

32%

68%

$2,519/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$3,020/mo

$3,384/mo

$-364/mo

6.2%

Learn About the Market: Opportunity in Texas

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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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