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$601,000

NAL Estimated Property Value

1902 Cross Point Rd, McKinney, TX, 75072

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,885 Sq Ft
price_per_sqft$187.14 / sqft
Year BuiltBuilt in 1997

Property Lead Type:

BankruptcyPre-ForeclosureAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2.5Bathrooms Full 2.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Electric Range, Ice Maker, Microwave, Vented Exhaust Fan
FlooringTile, Wood

Exterior

Exterior FeaturesPrivate Yard

Building Information

Year Built1997
Stories2
Roof Type105
Garage Spaces2

Land Information

APNR-3515-00D-0230-1
Lot Number23
SubdivisionSpring Hill Phase Ii (Cmc)
Land UseResidential
Legal DescriptionSPRING HILL PHASE II (CMC), BLK D, LOT 23
Census Tract030534
Assessed Land Value$150,000
Assessed Improvement Value$446,428
Assessment Year2025

About this property

Updated home + large game room + Pool. Seller concessions to buy down the rate. Great trio of schools in McKinney and Stone Bridge HOA. Master downstairs. Renovations include: wide plank wood floors in 1st floor, Granite counter tops, 6 inches base boards. Replaced all light switches and outlets, powder room reno, Upstairs bath ren, Replaced AC units outside and inside, new pool equipment.Replaced door fixtures . This home has also been repainted inside with all modern color pallet. will pay sell side.

Investor Tools

Property Icon
$601,000
Estimated Property Value
$193,375Estimated Mortgage Balance
$407,625Estimated Equity
67% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,606 /month
Positive
Cash Flow Estimate:
$1,202 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$903/month
$1,056/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,836
$596,428
2025
$150,000
$446,428
$596,428
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,836
$596,428

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Supreme Lending
Fha
$235,551
Yes
First
Nov 29, 2012
Dec 2042

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$193,375
$407,625
67%
32%
$1,622/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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1902 Cross Point Rd | Property Details | No Agent List