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$480,699

NAL Estimated Property Value

2701 Wales Drive, McKinney, TX, 75072

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,585 Sq Ft
price_per_sqft$145.03 / sqft
Year BuiltBuilt in 2003

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2.5Bathrooms Full 2.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Range, Plumbed For Ice Maker, Refrigerator
FlooringCarpet, Ceramic Tile, Wood

Building Information

Year Built2003
Stories2
Garage Spaces2

Land Information

APNR-8064-00J-0080-1
Lot Number8
SubdivisionFountainview Phase Two (Cmc)
Land UseResidential
Legal DescriptionFOUNTAINVIEW PHASE TWO (CMC), BLK J, LOT 8
Census Tract030529
Assessed Land Value$110,000
Assessed Improvement Value$370,699
Assessment Year2025

About this property

Multiple offers - highest and best by Sunday June 6th at 9pm. Beautiful 2 story, 4 bedroom, 2.5 bathroom with a spacious backyard that comes with a built in play set located in the Stonebridge Ranch community. The homes HVAC, water heater, and fence have been updated in the last year. Wood floors throughout the home, granite counter tops, and wood stair way. The master bedroom has a sitting area, windows that bring in beautiful lighting, walk in closet, dual sinks, garden tub, and separate shower. There are three bedrooms upstairs and an open space that can be turned into an office space or game room.

Investor Tools

Property Icon
$480,699
Estimated Property Value
$315,976Estimated Mortgage Balance
$164,723Estimated Equity
34% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,884 /month
Positive
Cash Flow Estimate:
$961 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$845/month
$800/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,732
$480,699
2025
$110,000
$370,699
$480,699
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,732
$480,699

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Wintex Group Llc
Conventional
$348,000
No
First
Jul 9, 2021
Aug 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$315,976
$164,723
34%
66%
$2,087/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,020/mo
$2,887/mo
+$133/mo
7.5%

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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2701 Wales Drive | Property Details | No Agent List