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$770,094

NAL Estimated Property Value

2116 Waterbrook Drive, McKinney, TX, 75072

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths3,739 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$132.39 / sqft
Year BuiltBuilt in 2001

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesRefrigerator, Built-In Refrigerator, Dishwasher, Disposal, Electric Oven, Gas Cooktop, Ice Maker, Microwave, Convection Oven, Double Oven, Plumbed For Ice Maker, Warming Drawer, Gas Water Heater
FlooringConcrete, Wood

Exterior

Exterior FeaturesRain Gutters, Lighting

Building Information

Year Built2000
Stories2
Garage Spaces2

Land Information

APNR-4235-00A-0220-1
Lot Number22
SubdivisionHillsborough (Cmc)
Land UseResidential
Legal DescriptionHILLSBOROUGH (CMC), BLK A, LOT 22
Census Tract030531
Assessed Land Value$181,125
Assessed Improvement Value$588,969
Assessment Year2025

About this property

This stunning home sits on just under a quarter acre, on a spectacular lot backing to a treelined creek & golf course! And, it sides to a huge greenbelt, offering privacy and a wonderful feeling of spaciousness! Master & oversized 2nd bdrm are located on the 1st level, plus study, huge din, & a lovely fam rm with vaulted ceilings & a wall of windows overlooking the incredible bk yd. An oversized island opens the kit to the fam rm making this the heart of the home! Updated appliances include Kitchen Aid dishwasher, & ice maker, plus double convection ovens, warming drawer, built in frig & a bev frig! The spacious breakfast rm also includes a wall of windows overlooking the spectacular bk yd! Extensive Updates!

Investor Tools

Property Icon
$770,094
Estimated Property Value
$280,545Estimated Mortgage Balance
$489,549Estimated Equity
63% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,621 /month
Positive
Cash Flow Estimate:
$1,540 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,195/month
$765/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,485
$770,094
2025
$181,125
$588,969
$770,094
No

Tax History

Year
Tax Paid
Assessed Value
2024
$10,485
$770,094

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Academy Mortgage Corp
Conventional
$312,000
No
First
Feb 8, 2021
Mar 2041

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$280,545
$489,549
63%
36%
$1,871/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,020/mo
$2,636/mo
+$384/mo
4.7%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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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2116 Waterbrook Drive | Property Details | No Agent List