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$507,000

NAL Estimated Property Value

1620 Wagner Dr, McKinney, TX, 75071

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths2,423 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$212.55 / sqft
Year BuiltBuilt in 2021

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3.5Bathrooms Full 3.5
AppliancesDishwasher, Disposal, Electric Oven, Gas Range, Gas Water Heater, Microwave, Tankless Water Heater, Vented Exhaust Fan
FlooringCarpet, Ceramic Tile, Wood

Building Information

Year Built2021
Stories2
Garage Spaces2

Land Information

APNR-11968-00H-0080-1
Lot Number8
SubdivisionWeston Ridge Phase 2
Land UseResidential
Legal DescriptionWESTON RIDGE PHASE 2, BLK H, LOT 8
Census Tract030202
Assessed Land Value$120,000
Assessed Improvement Value$383,329
Assessment Year2025

About this property

Meticulously maintained, beautiful and cozy 4 bed, 3.1 bath McKinney home with modern vibes throughout. As you enter the home, you'll immediately notice the abundance of natural light that floods the living spaces, accentuating the light and airy feel. The spacious and well designed layout is perfect for entertaining and family gatherings. Well appointed finishes include: spotless luxury vinyl wood flooring, stainless appliances, granite counter tops, decorative lighting, and trendy ceiling fans. This home is also equipped with high-quality, low-profile solar panels that offer the benefit of never having an electric bill (thanks to a surplus of generated power). Stepping outside to the massive fenced in backyard that provides plenty of room for outdoor activities and relaxation. It's an oasis that the whole family can enjoy and make lasting memories in. Welcome Home!

Investor Tools

Property Icon
$507,000
Estimated Property Value
$393,115Estimated Mortgage Balance
$113,885Estimated Equity
22% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,090 /month
Positive
Cash Flow Estimate:
$1,030 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$761/month
$450/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,593
$503,329
2025
$120,000
$383,329
$503,329
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,593
$503,329

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Conventional
$416,000
No
First
May 15, 2023
Jun 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$393,115
$113,885
22%
78%
$2,495/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,520/mo
$2,945/mo
+$575/mo
8.3%

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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1620 Wagner Dr | Property Details | No Agent List