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$415,000

NAL Estimated Property Value

2204 Marion Drive, McKinney, TX, 75072

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,246 Sq Ft
price_per_sqft$126.89 / sqft
Year BuiltBuilt in 2007

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2.5Bathrooms Full 2.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Microwave, Gas Water Heater
FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesRain Gutters

Building Information

Year Built2006
Stories2
Garage Spaces2

Land Information

APNR-9034-00T-0020-1
Lot Number2
SubdivisionHeights At Westridge Phase Ii The (Cmc)
Land UseResidential
Legal DescriptionHEIGHTS AT WESTRIDGE PHASE II THE (CMC), BLK T, LOT 2
Census Tract030536
Assessed Land Value$135,000
Assessed Improvement Value$279,191
Assessment Year2025

About this property

LOCATION, LOCATION!!! Very well maintained 2 story home in Frisco ISD! Open floor-plan with a gourmet kitchen with granite countertops overlooking the living area, game-room room upstairs, and a huge master bedroom! The home is on an over-sized lot with a covered patio, and plenty of side yard for a dog run. Playground and community pool are right around the corner! This is a must see that wont last long! Lots of upgrades including Roof replaced (2019), AC replaced (2017), Fence Stained (2019) as well as full indoor Paint (2019).

Investor Tools

Property Icon
$415,000
Estimated Property Value
$166,189Estimated Mortgage Balance
$248,811Estimated Equity
59% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,490 /month
Positive
Cash Flow Estimate:
$830 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$586/month
$210/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,959
$414,191
2025
$135,000
$279,191
$414,191
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,959
$414,191

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
American Financial Network Inc
Conventional
$189,000
No
First
Mar 13, 2020
Apr 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$166,189
$248,811
59%
40%
$1,134/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,320/mo
$1,344/mo
+$976/mo
6.7%

City: McKinney

2204 Marion Drive | Property Details | No Agent List