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$531,712

NAL Estimated Property Value

2501 monroe, McKinney, TX, 75072

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths3,104 Sq Ft
price_per_sqft$113.72 / sqft
Year BuiltBuilt in 2006

Property Lead Type:

BankruptcyOff-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2.5Bathrooms Full 2.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesGas Range
FlooringCarpet, Ceramic Tile

Building Information

Year Built2006
Stories2
Garage Spaces2

Land Information

APNR-9003-00L-0140-1
Lot Number14
SubdivisionFountainview Phase Four (Cmc)
Land UseResidential
Legal DescriptionFOUNTAINVIEW PHASE FOUR (CMC), BLK L, LOT 14
Census Tract030529
Assessed Land Value$110,000
Assessed Improvement Value$421,712
Assessment Year2025

About this property

Gorgeous house with oversized lot will make you want to call this home. A combined living dining room combo greets you off of the entry. Kitchen features Corian countertops, gas stove, tile backsplash, window accents and breakfast bar which opens to the cozy Family Room with a great fireplace to gather around. Grand Master has an amazing walk-in closet w plenty of built-ins. Upstairs are 3 more spacious bedrooms and a HUGE Game Media room combo. The backyard is perfect for entertaining or you can even play basketball. This house has it all, archway, bay windows and lots of storage. Fantastic location, great neighborhood with water features and walking trails…. come enjoy the facilities of Stonebridge Ranch!

Investor Tools

Property Icon
$531,712
Estimated Property Value
$258,758Estimated Mortgage Balance
$272,954Estimated Equity
51% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,190 /month
Positive
Cash Flow Estimate:
$1,063 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,051/month
$30/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,951
$531,712
2025
$110,000
$421,712
$531,712
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,951
$531,712

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Nexera Holding Llc
Unknown
$281,244
No
First
Feb 8, 2022
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$258,758
$272,954
51%
49%
$1,687/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,020/mo
$1,717/mo
+$1,303/mo
6.8%

City: McKinney

2501 monroe | Property Details | No Agent List