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$565,000

$575,000

2405 Chapel Oaks Dr, McKinney, TX, 75071

On MarketInfo
Price DropInfo
Beds5 Beds
Baths3 Bath
Baths3,264 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$173.1 / sqft
Year BuiltBuilt in 2020

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 3Bathrooms Full 3
AppliancesDishwasher
FlooringCarpet

Building Information

Year Built2020
Stories2
Garage Spaces2

Land Information

APNR-11695-00A-0170-1
Lot Number17
SubdivisionChapel Trails (Cmc)
Land UseResidential
Legal DescriptionCHAPEL TRAILS (CMC), BLK A, LOT 17
Census Tract030609
Assessed Land Value$176,000
Assessed Improvement Value$541,192
Assessment Year2025

About this property

Welcome to this beautifully designed home in one of McKinney's most desirable neighborhoods, offering a spacious and functional layout that adapts to every stage of life. A versatile bonus room provides the perfect space for a home office, hobby room, or study, while the formal living area offers an elegant setting for entertaining or everyday gatherings. The main level features a secondary bedroom along with a private primary suite complete with a spacious walk-in closet and an en-suite bathroom, creating a comfortable retreat. At the heart of the home, the family room is anchored by a cozy fireplace and flows effortlessly into the open kitchen and dining area, making it ideal for hosting family and friends. Upstairs, you'll find three additional bedrooms and a generous flex space that can easily serve as a game room, media room, playroom, fitness area, or second living room to fit your needs. Conveniently located near shopping, dining, parks, and top-rated schools with easy access to major roadways, this home offers the perfect combination of space, comfort, and versatility. Don't miss the opportunity to make it yours!Click the Virtual Tour link to view the 3D walkthrough. Discounted rate options and no lender fee future refinancing may be available for qualified buyers of this home.

Investor Tools

$470,317Estimated Mortgage Balance
$249,581Estimated Equity
34% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,303 /month
Positive
Cash Flow Estimate:
$1,434 /month

Interested in this property?

Kelli Burke

Orchard Brokerage

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,220/month
$480/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$11,050
$717,192
2025
$176,000
$541,192
$717,192
No

Tax History

Year
Tax Paid
Assessed Value
2024
$11,050
$717,192

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Homeside Financial Llc
Fha
$409,447
Yes
First
Nov 18, 2020
Dec 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$470,317
$246,875
34%
66%
$3,098/mo

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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2405 Chapel Oaks Dr | Property Details | No Agent List