B+

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Owner Contacts

$978,000

2607 Concord Ct, McKinney, TX, 75070

Off Market

4 Beds

5 Bath

4,887 Sq Ft

Single Family Residence

$214.86 / sqft

Built in 1997

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4

Bathrooms Full 4.5

Indoor Fireplace

Heating Central

Cooling

AppliancesRefrigerator, Built-In Refrigerator, Dishwasher, Disposal, Gas Cooktop, Microwave, Double Oven

FlooringCeramic Tile, Hardwood

Exterior

Private Pool

Exterior FeaturesCourtyard, Rain Gutters, Lighting

Building Information

Year Built1997

Stories2

Roof Type105

Garage Spaces2

Land Information

APNR-2917-00A-0090-1

Lot Number9

SubdivisionVillage Creek Phase I-A (Cmc)

Land UseResidential

Legal DescriptionVILLAGE CREEK PHASE I-A (CMC), BLK A, LOT 9

Census Tract030606

Assessed Land Value$236,250

Assessed Improvement Value$741,750

Assessment Year2025

About this property

PRICE DRASTICALLY REDUCED...One of a kind, custom English Tudor home in coveted Village Creek situated on quiet Cul de Sac. The designer touches are endless with chandeliers, architectural beamed ceilings, draperies , 2 gas fireplaces and wood floors throughout. Custom kitchen with glass cabinets, Viking Gas cook top, stainless steel double oven, Subzero fridge, granite and a butlers pantry. Luxurious master suite with large ensuite bath featuring marble counter tops. Guest suite down with private bath, 2 large bedrooms with baths, media room and private office upstairs. Separate guest suite-pool house outside with tranquil pool and attached spa. Lush landscaping with trees, stone walls, and separate tranquil courtyard area off of the bricked sun room. Custom trim work throughout home. Two new HVAC's have been replaced in the last 2 years. Unfinished bonus room in upstairs Pool House. Full sprinkler. Roof is 4.5 years old. OFFER INSTRUCTIONS ARE FOUND IN TRANSACTION DESK

Investor Tools

$978,000

Estimated Property Value

$515,000Estimated Mortgage Balance

$356,005Estimated Equity

47% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$6,300 /month

Positive

Cash Flow Estimate:

$2,100 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$1,806/month

$700/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$16,787

$978,000

2025

$236,250

$741,750

$978,000

Tax History

Year

Tax Paid

Assessed Value

2024

$16,787

$978,000

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Randolph Brooks Fcu

Conventional

$515,000

First

Aug 31, 2022

Sep 2052

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$621,995

$356,005

36%

64%

$3,988/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$3,190/mo

$4,688/mo

$-1,498/mo

3.9%

Learn About the Market: Opportunity in Texas

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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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