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$321,899

NAL Estimated Property Value

2309 Stoneleigh Place, McKinney, TX, 75071

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,465 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$187.71 / sqft
Year BuiltBuilt in 2005

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2.5Bathrooms Full 2.5
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesWater Purifier, Dishwasher, Disposal, Electric Range, Microwave, Plumbed For Ice Maker, Electric Water Heater
FlooringCarpet, Ceramic Tile, Vinyl

Building Information

Year Built2005
Stories2
Garage Spaces2

Land Information

APNR-8724-00D-0140-1
Lot Number14
SubdivisionStoneleigh Place Addition (Cmc)
Land UseResidential
Legal DescriptionSTONELEIGH PLACE ADDITION (CMC), BLK D, LOT 14
Census Tract030609
Assessed Land Value$100,000
Assessed Improvement Value$221,899
Assessment Year2025

About this property

Charming townhome nestled in a quiet community with walking trail. Lovely split level with entertainment space on the 1st level, large walk-in storage closet & half bath. Bedrooms, bathrooms, utility room upstairs for privacy. Master bath shower with sitting ledge & large walk-in closet. Attic has storage space & dormer window. Insulated garage doors. 2018 Home water softening system, carpet. 2019 Smart home thermostat 1st level. 2020 water heater, 1st level flooring & baseboards, kitchen sink. 2021 cabinets painted white. MULTIPLE OFFERS on this home. Best and Final offers requested by 5pm, Tuesday, 8-24-2021. Convenient location to Bonnie Wink Park, Historic Downtown McKinney, Hwy 75, shopping & dining.

Investor Tools

Property Icon
$321,899
Estimated Property Value
$250,251Estimated Mortgage Balance
$71,648Estimated Equity
22% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,931 /month
Positive
Cash Flow Estimate:
$644 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$490/month
$163/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,275
$321,899
2025
$100,000
$221,899
$321,899
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,275
$321,899

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Homewood Mortgage Llc
Conventional
$260,000
No
First
Apr 17, 2024
May 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$250,251
$71,648
22%
78%
$1,559/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,700/mo
$1,722/mo
+$978/mo
10.1%

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.

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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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2309 Stoneleigh Place | Property Details | No Agent List