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$415,000

2264 Catherine Ln, McKinney, TX, 75071

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths1,810 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$229.28 / sqft
Year BuiltBuilt in 2011

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

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, Electric Water Heater, Ice Maker, Microwave
FlooringCarpet, Tile, Wood

Exterior

Lot Size8,908 sqft

Building Information

Year Built2011
Stories1
Garage Spaces2

Land Information

APNR-9142-00B-0010-1
Lot Number1
SubdivisionHeritage Bend (Cmc)
Land UseResidential
Legal DescriptionHERITAGE BEND (CMC), BLK B, LOT 1
Census Tract030605
Assessed Land Value$119,700
Assessed Improvement Value$282,871
Assessment Year2025

About this property

Welcome to 2264 Catherine Lane, where the solar panels are paid off in full by the seller at closing, meaning you'll enjoy all the energy-saving benefits with zero remaining balance, a huge win for your monthly budget in this Texas heat! This move-in ready 3-bedroom, 2-bathroom home checks every box, starting with a fresh coat of paint throughout the entire home that sets a clean, bright, and welcoming tone from the moment you arrive. The open-concept floor plan flows effortlessly between living, dining, and kitchen spaces, making everyday living and entertaining a breeze, with plenty of natural light and room to gather, relax, and make it your own. The location can't be beat either, just minutes from Highway 380 with quick access to all the entertainment, shopping, and restaurants the area has to offer, plus easy access to Highway 75 to head straight into Dallas for work or play. Weekend fun is right around the corner too, as you're only a 22-minute drive from the brand-new Universal Kids Resort in Frisco, Texas, perfect for family outings and making memories! This is the perfect combination of comfort, convenience, and smart savings, so don't miss your chance to call it home!

Investor Tools

$205,005Estimated Mortgage Balance
$199,995Estimated Equity
49% 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

Interested in this property?

Emily Silva

Keller Williams Realty Allen

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$611/month
$400/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,304
$402,571
2025
$119,700
$282,871
$402,571
No

Tax History

Year
Tax Paid
Assessed Value
2025
$5,304
$402,571

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Lakeview Loan Servicing Llc
Conventional
$222,000
No
First
Jul 15, 2022
Aug 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$205,005
$199,995
49%
51%
$1,332/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,700/mo
$1,732/mo
+$968/mo
8.0%

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.

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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2264 Catherine Ln | Property Details | No Agent List