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$402,892

NAL Estimated Property Value

2124 Catherine Ln, McKinney, TX, 75071

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,957 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.1 / sqft
Year BuiltBuilt in 2009

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Dryer, Electric Oven, Electric Range, Microwave, Refrigerator, Washer
FlooringCarpet, Ceramic Tile, Laminate

Building Information

Year Built2009
Stories1
Garage Spaces2

Land Information

APNR-9142-00B-0180-1
Lot Number18
SubdivisionHeritage Bend (Cmc)
Land UseResidential
Legal DescriptionHERITAGE BEND (CMC), BLK B, LOT 18
Census Tract030605
Assessed Land Value$114,000
Assessed Improvement Value$288,892
Assessment Year2025

About this property

Charming open floor plan to include 3 bedrooms, 2 bathrooms with a formal sitting area that could be used as a study. Designer kitchen with 42-inch cabinets and tons of counter space, tile in all wet areas. Sprinkler system for ease of watering the yard in the summer months and the wood-burning fireplace is perfect for snuggling in the winter months. Extras windows for lots of natural light and gorgeous vaulted ceilings. Located in Heritage Bend, an established neighborhood near lots of shops, restaurants, and a Costco. Easy commute with highway US-75 and 380 nearby. Washer, dryer and refrigerator will stay with the property.

Investor Tools

Property Icon
$402,892
Estimated Property Value
$52,665Estimated Mortgage Balance
$350,227Estimated Equity
86% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,417 /month
Positive
Cash Flow Estimate:
$806 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$606/month
$438/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,263
$402,892
2025
$114,000
$288,892
$402,892
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,263
$402,892

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
K Hovnanian American Mortgage Llc
Conventional
$88,650
No
First
Oct 22, 2009
Nov 2039

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$52,665
$350,227
86%
13%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,700/mo
$438/mo
+$2,262/mo
8.0%

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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2124 Catherine Ln | Property Details | No Agent List