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Days1161Days on Market
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$390,000

1816 Desoto Dr, McKinney, TX, 75072

On MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,728 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$225.69 / sqft
Year BuiltBuilt in 2012

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Oven, Gas Cooktop, Microwave
FlooringCarpet, Ceramic Tile, Wood

Exterior

Lot Size1,786 sqft

Building Information

Year Built2012
Stories2
Garage Spaces1

Land Information

APNR-8730-00A-050R-1
Lot Number50R
SubdivisionCoronado Village (Cmc)
Land UseResidential
Legal DescriptionCORONADO VILLAGE (CMC), BLK A, LOT 50R; REPLAT REPLAT
Census Tract030531
Assessed Land Value$100,000
Assessed Improvement Value$272,231
Assessment Year2025

About this property

This beautifully maintained townhome in the highly sought-after Stonebridge Ranch offers a perfect blend of comfort, style, and convenience, making it an ideal place to call home. With spacious living areas, modern finishes, and access to outstanding community amenities, this home provides the perfect environment for easy, relaxed living. The first floor features an open layout with living and dining areas, complete with hardwood floors that enhance the natural light throughout the space. The kitchen is fully equipped with stainless steel appliances, granite countertops, and a gas cooktop, making it ideal for cooking and entertaining. Upstairs, you’ll find all three bedrooms, along with a versatile flex space that can be used as a study or game room. The master suite is a private retreat, offering a generous walk-in closet and a luxurious en-suite bathroom with a garden tub, separate shower, dual sinks, and tile flooring. Two additional spacious bedrooms share a full bathroom with extra storage in linen closets. Plantation shutters and plenty of storage space are found throughout the home. The townhome has two homeowners' associations: Stonebridge Management 214-773-5800 and Proper Management 214-378-1112. The HOA maintains the common areas, building structure, roof, and front yard, providing a hassle-free living experience. Residents will also enjoy all of the fantastic amenities that Stonebridge Ranch has to offer, including the Beach Club, Aquatic Center, pools, walking trails, ponds, tennis courts, pickleball courts, and basketball courts. Located in the highly-rated McKinney ISD and just a short walk to the elementary school, this home is a perfect option for those seeking both convenience and a high quality of life. Don’t miss the chance to see this exceptional property. Schedule a tour today!

Investor Tools

Property Icon
$372,231
Estimated Property Value
$368,207Estimated Mortgage Balance
$0Estimated Equity
1% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,340 /month
Positive
Cash Flow Estimate:
$780 /month

Interested in this property?

Erica Wells

Coldwell Banker Realty

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$610/month
$275/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,463
$372,231
2025
$100,000
$272,231
$372,231
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,463
$372,231

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Plaza Home Mortgage Inc
Unknown
$368,207
No
First
May 18, 2023
Jun 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$443,173
N/A
0%
119%
$2,792/mo

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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1816 Desoto Dr | Property Details | No Agent List