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$487,169

NAL Estimated Property Value

2604 Cypress Point Dr, McKinney, TX, 75072

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,136 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$205.99 / sqft
Year BuiltBuilt in 2002

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

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

Exterior

Exterior FeaturesRain Gutters

Building Information

Year Built2002
Stories1
Garage Spaces2

Land Information

APNR-4468-00A-0090-1
Lot Number9
SubdivisionLive Oak Village Phase 3 (Cmc)
Land UseResidential
Legal DescriptionLIVE OAK VILLAGE PHASE 3 (CMC), BLK A, LOT 9
Census Tract030531
Assessed Land Value$138,600
Assessed Improvement Value$348,569
Assessment Year2025

About this property

Welcome to 2604 Cypress Point Dr, McKinney, TX — a beautifully maintained single-story gem nestled on a premium greenbelt lot in the highly sought-after Stonebridge Ranch community. Step inside and discover 3 spacious bedrooms, 2 full baths, plus a versatile office that can easily serve as a 4th bedroom, all within 2,136 square feet of thoughtfully designed living space. From the moment you enter, you’re greeted by hand-scraped hardwood floors that flow gracefully through the entryway, formal dining, breakfast area, and open-concept living room. All bedrooms and the study feature oak-engineered wood flooring — with no carpet anywhere, making this home both elegant and pet-friendly. The spacious kitchen offers abundant counter space, a convenient breakfast bar, and a seamless connection to the main living areas — perfect for entertaining or family gatherings. Step outside to your private backyard retreat, complete with a covered patio and cozy firepit, ideal for relaxing evenings or hosting guests against the peaceful backdrop of the greenbelt. This home combines comfort, functionality, and timeless appeal — a true move-in ready opportunity in one of McKinney’s most beloved neighborhoods.

Investor Tools

Property Icon
$487,169
Estimated Property Value
$341,002Estimated Mortgage Balance
$146,167Estimated Equity
30% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,923 /month
Positive
Cash Flow Estimate:
$974 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$534/month
$1,406/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,973
$487,169
2025
$138,600
$348,569
$487,169
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,973
$487,169

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Provident Funding Associates Lp
Conventional
$344,000
No
First
Nov 20, 2025
Dec 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$341,002
$146,167
30%
70%
$2,063/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,320/mo
$3,469/mo
$-1,149/mo
5.7%

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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2604 Cypress Point Dr | Property Details | No Agent List