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$550,862

NAL Estimated Property Value

1609 Landon Lane, McKinney, TX, 75071

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,325 Sq Ft
price_per_sqft$153.51 / sqft
Year BuiltBuilt in 2008

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2.5Bathrooms Full 2.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Double Oven, Gas Cooktop, Microwave, Plumbed For Ice Maker, Gas Water Heater
FlooringCeramic Tile, Wood

Building Information

Year Built2008
Stories1
Garage Spaces2

Land Information

APNR-9336-00D-0030-1
Lot Number3
SubdivisionWren Creek Addition Phase Ii-B (Cmc)
Land UseResidential
Legal DescriptionWREN CREEK ADDITION PHASE II-B (CMC), BLK D, LOT 3
Census Tract030547
Assessed Land Value$142,500
Assessed Improvement Value$408,362
Assessment Year2025

About this property

MULTIPLE OFFERS RECEIVED! Over $44K in builder's upgrades! Stone elevation! Handscraped wood floors thru out! Tile in baths and utility! Great floor plan has open kitchen,nook,family! Kitchen has big island with sink,stainless steel appliances,granite,double ovens,gas cook top,12x12 b-splash with inserts,corner pantry,b-bar,butler's pantry! Big family rm has raised stone hearth,cedar mantle firepl & wall for ent center! Big split master with gorgeous bay window! Master bath has split vanities,granite tops,corner tub,shower with seat! Big master closet with entry to utility rm! Split 2nd bedrms,one with a walk in! 23x12 arbor with decorator tiled patio! Rounded corners! Plantation Shutters! Sprinklers! Security!

Investor Tools

Property Icon
$550,862
Estimated Property Value
$266,438Estimated Mortgage Balance
$284,424Estimated Equity
51% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,305 /month
Positive
Cash Flow Estimate:
$1,102 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$812/month
$800/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,990
$550,862
2025
$142,500
$408,362
$550,862
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,990
$550,862

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Pinnacle Funding Group Inc
Conventional
$301,750
No
First
May 22, 2020
Jun 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$266,438
$284,424
51%
48%
$1,810/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,700/mo
$2,610/mo
+$90/mo
5.9%

City: McKinney

1609 Landon Lane | Property Details | No Agent List