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$709,796

NAL Estimated Property Value

2313 Grassmere Ln, McKinney, TX, 75071

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,979 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$260.15 / sqft
Year BuiltBuilt in 2008

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Cooktop, Microwave, Tankless Water Heater
FlooringCeramic Tile, Wood

Exterior

Exterior FeaturesRain Gutters, Lighting

Building Information

Year Built2008
Stories2
Garage Spaces2

Land Information

APNR-9460-00J-0030-1
Lot Number3
SubdivisionTucker Hill Phase 1a (Cmc)
Land UseResidential
Legal DescriptionTUCKER HILL PHASE 1A (CMC), BLK J, LOT 3
Census Tract030301
Assessed Land Value$200,000
Assessed Improvement Value$509,796
Assessment Year2025

About this property

Experience the charm and comfort of front porch living in McKinney's sought-after Tucker Hill community. This stunning 4 bedroom residence is designed for those who appreciate style, character, and space. Boasting a picturesque facade, the welcoming front porch sets the tone for a warm and inviting home. Indoors, entertain with ease in the open floor plan, complemented by an updated kitchen featuring luxurious marble countertops. Retreat to the spacious 1st floor primary bedroom with an updated, spa like bath. Guest suite also on L1. Step outside to discover not one, but two private patios. The N side offers a serene escape with a historic 19th-century fireplace and freshly laid zoysia grass, while the S side is a lush oasis perfect for relaxation or dining al fresco. Upstairs, a game room and 2 adtl bedrooms provide ample space. With a 2 car garage and a myriad of exquisite features, this home is a sanctuary for those seeking a blend of modern amenities and timeless charm. ProsperISD

Investor Tools

Property Icon
$709,796
Estimated Property Value
$603,828Estimated Mortgage Balance
$105,968Estimated Equity
14% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,650 /month
Positive
Cash Flow Estimate:
$1,550 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$872/month
$475/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,916
$709,796
2025
$200,000
$509,796
$709,796
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,916
$709,796

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
American Portfolio Mortgage Corp
Conventional
$606,458
No
First
Feb 9, 2026
Mar 2056

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$603,828
$105,968
14%
85%
$3,637/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,520/mo
$4,112/mo
$-592/mo
6.0%

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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2313 Grassmere Ln | Property Details | No Agent List