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$325,000

2321 Spruce Meadow Ln, McKinney, TX, 75071

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,307 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$140.88 / sqft
Year BuiltBuilt in 2001

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2.5Bathrooms Full 2.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Plumbed For Ice Maker, Vented Exhaust Fan, Electric Water Heater
FlooringCarpet, Ceramic Tile

Building Information

Year Built2001
Stories2
Roof Type105
Garage Spaces1

Land Information

APNR-4690-00D-0020-1
Lot Number2
SubdivisionCreek Hollow Phase 1 (Cmc)
Land UseResidential
Legal DescriptionCREEK HOLLOW PHASE 1 (CMC), BLK D, LOT 2
Census Tract030604
Assessed Land Value$100,000
Assessed Improvement Value$268,071
Assessment Year2025

About this property

For information about deadlines and how to make your offer competitive please check offer instructions in transaction desk. Beautiful 3 bedroom and 2 full baths and one-half bath in the family friendly Cross Hollow Subdivision. The entry opens to a spacious living area with lots of room for family and friends. New interior and exterior paint, new carpet throughout the home. New stainless-steel appliances. Guest bath has new tile floor, vanity, and faucet. Master bath has new floor and wall tile, new vanity, and sink. Foundation repaired in November 2021 with lifetime warranty. This home is move-in ready! Easy access to 75, 380, and 121 making an easy commute to anywhere in the metroplex.

Investor Tools

Property Icon
$368,071
Estimated Property Value
$275,000Estimated Mortgage Balance
$115,527Estimated Equity
25% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,208 /month
Positive
Cash Flow Estimate:
$736 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$718/month
$51/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,776
$368,071
2025
$100,000
$268,071
$368,071
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,776
$368,071

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Bth Bank Na
Purchase Money Mortgage
$275,000
No
First
Jan 12, 2022
Jan 2028

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$252,544
$115,527
31%
69%
$1,649/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,700/mo
$1,700/mo
+$1,000/mo
8.8%

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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