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$268,500

2616 Mesa Valley Drive, McKinney, TX, 75071

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,200 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$122.05 / sqft
Year BuiltBuilt in 2001

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 3Bathrooms 3
AppliancesDishwasher, Disposal, Electric Range, Microwave, Electric Water Heater
FlooringCarpet, Ceramic Tile, Laminate

Exterior

Lot Size6,050 sqft

Building Information

Year Built2001

Land Information

APNR-4843-00E-012U-1
Lot Number12
SubdivisionHighpointe Phase 5a (Cmc)
Land UseResidential
Legal DescriptionHIGHPOINTE PHASE 5A (CMC), BLK E, LOT 12; UDI 2021, UNDIVIDED INTEREST 50.0000000000% UDI 2021
Census Tract030605
Assessed Land Value$47,500
Assessed Improvement Value$126,720
Assessment Year2025

About this property

Prime location in South McKinney, close to new restaurants, retail, walking distance to McKissack Park & elementary school, Easy access to Hwy 380 and I 75, versatile floor plan, full bedroom & bath down, master up with private secondary living area and kitchenette, oversized secondary bedrooms with large walk-in closets, open flowing floor plan, main kitchen with stainless steel appliances, smooth top range, built-in microwave, granite counters with tile backsplash, wood laminate floors flows thru most of downstairs, spacious living area with corner brick woodburning fireplace, extended 16 x 40 open patio, nice sized backyard with shade tree, full sprinkler system

Investor Tools

Property Icon
$350,000
Estimated Property Value
$0Estimated Mortgage Balance
$350,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,100 /month
Positive
Cash Flow Estimate:
$700 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$414/month
$220/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,224
$174,220
2025
$47,500
$126,720
$174,220
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,224
$174,220

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$350,000
100%
0%
$0/mo

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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2616 Mesa Valley Drive | Property Details | No Agent List