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$414,802

NAL Estimated Property Value

216 Northwood Dr, McKinney, TX, 75071

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,917 Sq Ft
price_per_sqft$212.57 / sqft
Year BuiltBuilt in 1976

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Double Oven
FlooringCarpet, Ceramic Tile, Wood

Building Information

Year Built1976
Stories1
Roof Type134
Garage Spaces2

Land Information

APNR-0923-005-0130-1
Lot Number13
SubdivisionNorthwood Park Addition #2 (Cmc)
Land UseResidential
Legal DescriptionNORTHWOOD PARK ADDITION #2 (CMC), BLK E, LOT 13
Census Tract030609
Assessed Land Value$85,000
Assessed Improvement Value$329,802
Assessment Year2025

About this property

Beautifully maintained, desireable one story with open floorplan, covered front porch, updated, amazing location in an established neighborhood in McKinney, large corner lot with large side yards. Vaulted, beamed ceiling in living area with a raised hearth at the cozy fireplace, engineered wood, tile and carpet flooring. Tremendous storage options in this home. Close to 75, 380 & Virginia Parkway, Slaughter Elementary, Cockrill MS and McKinney Boyd HS. Many updates include updated windows and carpet, roof 2022, cast iron drain lines replaced in 2022, HVAC 2024. Rear entry oversize 22 x 22 garage with workbench, pegboard and storage closet. Open back patio, spacious backyard for play and relaxing.

Investor Tools

Property Icon
$414,802
Estimated Property Value
$401,524Estimated Mortgage Balance
$13,278Estimated Equity
3% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,489 /month
Positive
Cash Flow Estimate:
$830 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$654/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,778
$414,802
2025
$85,000
$329,802
$414,802
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,778
$414,802

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Gardner Financial Services Ltd
Fha
$407,483
Yes
First
Jul 21, 2025
Aug 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$401,524
$13,278
3%
97%
$2,444/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,700/mo
$2,444/mo
+$256/mo
7.8%

City: McKinney

216 Northwood Dr | Property Details | No Agent List