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$414,753

NAL Estimated Property Value

2305 Orchid Drive, McKinney, TX, 75072

Off MarketInfo
LeaseInfo
Beds3 Beds
Baths2 Bath
Baths2,111 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.14 / sqft
Year BuiltBuilt in 2003

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Dryer, Electric Oven
FlooringCarpet, Tile, Vinyl

Building Information

Year Built2003
Stories2
Garage Spaces2

Land Information

APNR-4628-00A-0600-1
Lot Number60
SubdivisionHidden Creek Phase 3a (Cmc)
Land UseResidential
Legal DescriptionHIDDEN CREEK PHASE 3A (CMC), BLK A, LOT 60
Census Tract030544
Assessed Land Value$120,000
Assessed Improvement Value$294,753
Assessment Year2025

About this property

Thoughtfully designed with both comfort and functionality in mind, this home offers an ideal floor plan for modern living, featuring a private primary suite tucked away for maximum tranquility while the secondary bedrooms are strategically positioned for added separation and flexibility. Upstairs, a spacious bonus room provides endless possibilities—perfect as a media room, game room, or even a fourth bedroom—alongside an oversized adjoining space ideal for a home office, study, or additional storage. The backyard is equally impressive, designed for both relaxation and entertaining with a large covered patio, dedicated grilling area, mature landscaping, and a generous lawn perfect for outdoor activities and pets. Located in the highly desirable Hidden Creek community, residents enjoy exceptional amenities including a junior Olympic-sized pool, scenic fishing ponds, playgrounds, and miles of walking and biking trails. Don’t miss the opportunity to lease this exceptional home—schedule your private showing today and experience the lifestyle Hidden Creek has to offer. Hablamos español.

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$651/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,734
$414,753
2025
$120,000
$294,753
$414,753
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,734
$414,753

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Greatwall Inc
Conventional
$185,000
No
First
Nov 2, 2021
Dec 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$169,259
$245,494
59%
41%
$1,110/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,320/mo
$1,110/mo
+$1,210/mo
6.7%

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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2305 Orchid Drive | Property Details | No Agent List