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$500,000

2405 Shadow Lane Drive, McKinney, TX, 75072

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,405 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$207.9 / sqft
Year BuiltBuilt in 1984

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2.5Bathrooms Full 2.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Cooktop, Microwave, Convection Oven
FlooringCarpet

Exterior

Private PoolPrivate Pool
Exterior FeaturesRain Gutters, Lighting

Building Information

Year Built1984
Stories2
Garage Spaces2

Land Information

APNR-0932-003-0120-1
Lot Number12
SubdivisionRaintree Estates (Cmc)
Land UseResidential
Legal DescriptionRAINTREE ESTATES (CMC), BLK C, LOT 12
Census Tract030608
Assessed Land Value$95,000
Assessed Improvement Value$395,100
Assessment Year2025

About this property

Welcome home to this beautifully maintained property, nestled on an oversized lot with mature trees offering shade and privacy. The sellers have poured love and care into thoughtful upgrades, making this home truly special. Step inside to a spacious living room with soaring ceilings and a striking stone fireplace, perfect for cozy evenings. The upgraded kitchen features an upgraded cooktop and a touch-less faucet, blending style and functionality. Recent updates include luxury vinyl plank flooring (May 2022), new granite countertops in the laundry room and wet bar (Feb 2022), and new lights and faucet in the guest bathroom. The master bathroom has been refreshed with new mirrors and shelves, while the LED landscape lighting (May 2023) enhances the home's curb appeal. Additional upgrades include a board-on-board 8-ft privacy fence (2022), an oversized pergola (2022), artificial turf in the side yard (2023), a new banister and stair treads (2022), and exterior sunshades (2022) for energy efficiency. The exterior bricks were painted with added trim (2022), and a new pergola and bar area were added in Aug 2024, making the backyard an entertainer’s paradise. Step outside to your private backyard oasis, featuring a sparkling pool, relaxing hot tub, expansive patio, and a built-in bar area—perfect for summer BBQs and gatherings. Ideally located near Hwy 75 and 121, this home offers easy access to shopping, dining, and top-rated schools. This is truly a must-see—don’t miss your chance to call it yours!

Investor Tools

Property Icon
$490,100
Estimated Property Value
$0Estimated Mortgage Balance
$0Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,000 /month
Positive
Cash Flow Estimate:
$1,000 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$846/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,706
$490,100
2025
$95,000
$395,100
$490,100
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,706
$490,100

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Houston Home Loan Inc
Conventional
$527,250
No
First
Mar 18, 2025
Apr 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$516,382
N/A
0%
105%
$3,162/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,020/mo
$3,162/mo
$-142/mo
7.4%

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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2405 Shadow Lane Drive | Property Details | No Agent List