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B+
NoAgentList RatingHow are grades calculated? Info

$379,000

2404 Cardinal Way, McKinney, TX, 75072

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,964 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$192.97 / sqft
Year BuiltBuilt in 2000

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Microwave, Plumbed For Ice Maker
FlooringCarpet, Wood

Exterior

Exterior FeaturesRain Gutters

Building Information

Year Built2000
Stories1
Garage Spaces2

Land Information

APNR-4236-00E-0010-1
Lot Number1
SubdivisionEagle Creek (Cmc)
Land UseResidential
Legal DescriptionEAGLE CREEK (CMC), BLK E, LOT 1
Census Tract030529
Assessed Land Value$154,000
Assessed Improvement Value$358,134
Assessment Year2025

About this property

Gorgeous Highland Home located on a spectacular corner lot in Stonebridge Ranch next to a treed greenbelt. This home offers two extra living areas being used as offices-One could be used for a formal dining. Kitchen updated 2020 with new GE Profile convection oven, 5 gas burner cooktop and microwave, Cambria quartz countertops, hardware, backsplash and above & under cabinet LED lighting. Hardwood floors in family room, hallway & both 2ndary bedrooms. Plantation shutters in master bath. Oversized backyard with large pergola patio great for entertaining. HVAC system 2009, radiant barrier & insulation 2011, custom solar screens to all windows plus Culligan soft H2O whole home system with reverse osmosis faucet.

Investor Tools

Property Icon
$519,000
Estimated Property Value
$428,000Estimated Mortgage Balance
$95,814Estimated Equity
18% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,114 /month
Positive
Cash Flow Estimate:
$1,038 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$899/month
$840/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,196
$512,134
2025
$154,000
$358,134
$512,134
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,196
$512,134

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocket Mortgage Llc
Conventional
$428,000
No
First
Jun 18, 2025
Jul 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$423,186
$95,814
18%
82%
$2,564/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,320/mo
$3,404/mo
$-1,084/mo
5.4%

Learn About the Market: Opportunity in Texas

Local Market Pages
Local Market Pages 2Local Market Pages 3Local Market Pages 4

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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2404 Cardinal Way | Property Details | No Agent List