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Owner Contacts

$709,758

NAL Estimated Property Value

2702 Colonial Cir, McKinney, TX, 75072

Off Market

4 Beds

3 Bath

2,910 Sq Ft

$239.86 / sqft

Built in 1982

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4

Bathrooms Full 3

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Microwave

FlooringCarpet, Ceramic Tile, Wood

Building Information

Year Built1982

Stories2

Garage Spaces2

Land Information

APNR-1192-013-0010-1

Lot Number1

SubdivisionVillage Of Eldorado Phase 1 (Cmc)

Land UseResidential

Legal DescriptionVILLAGE OF ELDORADO PHASE 1 (CMC), BLK M, LOT 1

Census Tract030607

Assessed Land Value$177,650

Assessed Improvement Value$532,108

Assessment Year2025

About this property

***$5000 BUYER INCECTIVE*** If closed by May 27, 2024. Beautiful Custom built home in the Village of Eldorado, nestled among mature shade trees. One block from the Eldorado Country Club and walking distance to the Exemplary rated Valley Creek Elementary School. MUST SEE this gorgeous, well maintained home featuring two bedrooms and two full baths downstairs which makes for a generational living home, nursery or home office. This unique floor plan allows you to view the private backyard oasis featuring a sparkling pool, cabana, covered deck and two roll out awnings from virtually every room. The kitchen boasts of multiple well lit work areas with over 40 cabinets, drawers and a walk in pantry. Updates include: renovated pool with new tile, decking and plaster, new windows, brightly remodeled primary bath, granite countertops and much more. Enjoy the miles of walk bike trails throughout Historic Eldorado. Call for your showing to view all the unique features this PRISTINE home offers.

Investor Tools

$709,758

Estimated Property Value

$501,313Estimated Mortgage Balance

$208,445Estimated Equity

29% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$4,259 /month

Positive

Cash Flow Estimate:

$1,420 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$796/month

$345/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$6,007

$709,758

2025

$177,650

$532,108

$709,758

Tax History

Year

Tax Paid

Assessed Value

2024

$6,007

$709,758

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Rocket Mortgage Llc

Conventional

$520,000

First

May 22, 2024

Jun 2054

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$501,313

$208,445

29%

71%

$3,118/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$3,020/mo

$3,463/mo

$-443/mo

5.1%

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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