Last 24 Hours
$804,000
NAL Estimated Property Value2008 Binns Drive, McKinney, TX, 75071
Off Market
5 Beds
4 Bath
4,169 Sq Ft
$124.49 / sqft
Built in 2019Property Lead Type:
Off-Market ListHigh Equity
Highlights
Interior
Bedrooms 5
Bathrooms Full 4.5AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Microwave, Plumbed For Ice Maker, Refrigerator, Tankless Water Heater
FlooringCarpet, Ceramic Tile
Exterior
Exterior FeaturesRain Gutters, Lighting
Lot Size7,998 sqft
Building Information
Year Built2019
Stories2
Garage Spaces2
Land Information
APNR-11479-00O-0040-1
Lot Number4
SubdivisionAuburn Hills Phase 1b (Cmc)
Land UseResidential
Legal DescriptionAUBURN HILLS PHASE 1B (CMC), BLK O, LOT 4
Census Tract030301
Assessed Land Value$198,000
Assessed Improvement Value$598,638
Assessment Year2025
About this property
POND VIEW. PROSPER ISD! 2019 energy-efficient home. Greet guests with an amazing grand foyer, defined by volume ceilings and the curved staircase. The open-concept layout features Master Bedroom and Secondary Bedroom with Full Bath on the main level, as well as a game and media room, with built-in bar, 3 beds and 2 full baths upstairs. This ideally-located community will feature a variety of amenities including hike and bike trails, a community lake, lushly-landscaped green spaces, pond, sport's court, hike and bike trails and an amenity center with pool. No PID or MUD Taxes. On-Site Elementary School!
Investor Tools
$804,000
Estimated Property Value
$671,706Estimated Mortgage Balance
$132,294Estimated Equity
16% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,824 /month
Positive
Cash Flow Estimate:
$1,608 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,359/month
$750/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$12,292
$796,638
2025
$198,000
$598,638
$796,638
No
Tax History
Year
Tax Paid
Assessed Value
2024
$12,292
$796,638
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
J Philips Mortgage Inc
Conventional
$494,000
No
First
Jun 24, 2020
Jul 2050
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$671,706
$132,294
16%
84%
$4,461/mo
12.4%