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B+
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Days50Days on Market
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$475,000

2208 GRAYSON Road, McKinney, TX, 75070

On MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,586 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$183.68 / sqft
Year BuiltBuilt in 1997

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Gas Water Heater, Microwave, Other
FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesRain Gutters

Building Information

Year Built1997
Stories1
Garage Spaces2

Land Information

APNR-3557-00G-0090-1
Lot Number9
SubdivisionHidden Creek Phase One (Cmc)
Land UseResidential
Legal DescriptionHIDDEN CREEK PHASE ONE (CMC), BLK G, LOT 9
Census Tract030544
Assessed Land Value$185,000
Assessed Improvement Value$365,560
Assessment Year2025

About this property

Former Highland Homes Model – Desirable One-Story Floor Plan! Ideally located directly across the street from Hidden Creek’s community amenities, including the pool, sport court, playground, and park. Low HOA dues provide access to these wonderful neighborhood features, making this home an exceptional value. Filled with natural light, this beautifully designed former Highland Homes model offers an open and versatile layout with high ceilings, extensive windows, detailed mill-work, and rich hardwood flooring throughout the main living areas. The spacious island kitchen is a chef’s dream, featuring Corian countertops, abundant cabinetry, stainless steel appliances, a refrigerator that conveys, and stunning 16-inch adobe slate tile flooring. With 3 bedrooms and 3 living areas, including a flexible game room, children's retreat, playroom, or home office, this home adapts easily to your lifestyle. Enjoy year-round comfort with two HVAC systems and a thoughtfully designed floor plan that maximizes both function and style. The landscaped backyard offers plenty of space to create your dream outdoor oasis, including room for a future pool. A rare opportunity to own a home with outstanding design, flexibility, and location!

Investor Tools

$0Estimated Mortgage Balance
$550,560Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,303 /month
Positive
Cash Flow Estimate:
$1,101 /month

Interested in this property?

Cynthia Li

Keller Williams Realty Allen

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,128/month
$800/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,788
$550,560
2025
$185,000
$365,560
$550,560
No

Tax History

Year
Tax Paid
Assessed Value
2024
$10,788
$550,560

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$550,560
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,320/mo
$800/mo
+$1,520/mo
5.1%

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.

Explore Texas Explore This Area
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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2208 GRAYSON Road | Property Details | No Agent List