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$239,000

$249,000

246 Mccarley Pl, McKinney, TX, 75071

On MarketInfo
Just AddedInfo
Price DropInfo
Beds2 Beds
Baths2 Bath
Baths1,207 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$198.01 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1.5Bathrooms Full 1.5
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range
FlooringCarpet

Building Information

Year Built1983
Stories2
Roof Type134
Garage Spaces1

Land Information

APNR-1302-001-0320-1
Lot Number32
SubdivisionTownhouse Addition (Cmc)
Land UseResidential
Legal DescriptionTOWNHOUSE ADDITION (CMC), BLK A, LOT 32
Census Tract030609
Assessed Land Value$75,000
Assessed Improvement Value$187,885
Assessment Year2025

About this property

Welcome home to this charming townhome nestled in an established neighborhood with convenient access to Central Expressway, shopping, dining, and everyday amenities. The open-concept floor plan maximizes every square foot, creating a comfortable and functional living space. The spacious living room features a cozy wood-burning fireplace and flows seamlessly into the dining area and kitchen, making it ideal for entertaining or daily living. The kitchen offers abundant cabinetry and generous storage space, providing plenty of room for cooking and organization. A convenient half bath is located on the first floor for guests. Upstairs, you'll find two generously sized bedrooms, both with walk-in closets, along with a full bath. Outside, enjoy a private fenced backyard complete with a covered patio and a grassy area perfect for pets, children, gardening, or relaxing outdoors. Whether you're a first-time homebuyer, downsizing, or looking for a low-maintenance lifestyle, this well-designed townhome offers comfort, convenience, and value in a prime location.

Investor Tools

$95,755Estimated Mortgage Balance
$180,523Estimated Equity
65% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,656 /month
Positive
Cash Flow Estimate:
$552 /month

Interested in this property?

Holly Milstead

Keller Williams NO. Collin Cty

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$504/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,671
$262,885
2025
$75,000
$187,885
$262,885
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,671
$262,885

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guild Mortgage Co
Conventional
$125,000
No
First
Aug 28, 2015
Sep 2045

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$95,755
$179,245
65%
35%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,140/mo
N/A
+$2,140/mo
9.3%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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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246 Mccarley Pl | Property Details | No Agent List