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$411,936

NAL Estimated Property Value

2513 Spring Dr, McKinney, TX, 75072

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,671 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$245.36 / sqft
Year BuiltBuilt in 2002

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Range, Gas Water Heater, Microwave
FlooringCarpet, Ceramic Tile, Concrete

Exterior

Exterior FeaturesRain Gutters, Storage

Building Information

Year Built2002
Stories1
Garage Spaces2

Land Information

APNR-4779-00H-0040-1
Lot Number4
SubdivisionFountainview Phase One (Cmc)
Land UseResidential
Legal DescriptionFOUNTAINVIEW PHASE ONE (CMC), BLK H, LOT 4
Census Tract030529
Assessed Land Value$110,000
Assessed Improvement Value$301,936
Assessment Year2025

About this property

One owner single story home in sought after Stonebridge Ranch. 3 beds 2 baths with updated kitchen features granite countertops, gas cook top and refinished cabinets; re-worked utility room with built in cabinets, granite countertop and room for full-size stackable WD; beautiful covered patio, custom stained concrete flooring in living, kitchen and entry, carpet in bedrooms replaced in 2018, freshly painted cabinets in master bath, new tiled fireplace surround and new HVAC and duct work replaced June 2020. Water heater replaced Summer 2021. Extra storage added to laundry room as well. Patio extended by 300 sq ft. Sellers will reseal concrete floors inside and both front and back patio prior to buyer possession.

Investor Tools

Property Icon
$411,936
Estimated Property Value
$327,625Estimated Mortgage Balance
$84,311Estimated Equity
20% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,472 /month
Positive
Cash Flow Estimate:
$824 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$437/month
$755/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,179
$411,936
2025
$110,000
$301,936
$411,936
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,179
$411,936

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Jpmorgan Chase Bank Na
Conventional
$348,500
No
First
Feb 8, 2023
Mar 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$327,625
$84,311
20%
80%
$2,090/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,320/mo
$2,845/mo
$-525/mo
6.8%

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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2513 Spring Dr | Property Details | No Agent List