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$420,171

NAL Estimated Property Value

2704 Wales Dr, McKinney, TX, 75072

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,782 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$212.68 / sqft
Year BuiltBuilt in 2004

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesGas Cooktop

Building Information

Year Built2004
Stories1
Garage Spaces2

Land Information

APNR-8064-00H-0130-1
Lot Number13
SubdivisionFountainview Phase Two (Cmc)
Land UseResidential
Legal DescriptionFOUNTAINVIEW PHASE TWO (CMC), BLK H, LOT 13
Census Tract030529
Assessed Land Value$110,000
Assessed Improvement Value$310,171
Assessment Year2025

About this property

Some homes just make life easier — and 2704 Wales Drive is one of them. Nestled in the charming Fountainview section of Stonebridge Ranch, this 3-bedroom, 2-bath home is all about comfort, convenience, and enjoying the best parts of everyday life. The big-ticket items are already headed in the right direction with a brand-new roof in 2025, water heater replaced in 2023, fresh luxury vinyl plank flooring throughout the main living areas, and new carpet in the bedrooms and closets. But the real magic here is the location. Imagine being less than 3 minutes from practically everything — the elementary school, H-E-B, the hospital, aquatic center, parks, restaurants, shopping, and daily conveniences. Whether it’s a quick grocery run, after-school activities, or dinner plans, life here simply flows easier. And then there’s the lifestyle that comes with living in Stonebridge Ranch. Miles of hiking and biking trails, multiple golf courses, tennis and basketball courts, catch-and-release fishing, beautiful parks, and community amenities make it easy to stay active and connected. Need to commute? You’re just minutes from US-75 with easy access to SH-121 and the Dallas North Tollway, making getting around DFW surprisingly simple. This home has the kind of location and personality that’s hard to find — approachable, convenient, and right in the middle of where you want to be.

Investor Tools

Property Icon
$420,171
Estimated Property Value
$159,200Estimated Mortgage Balance
$260,971Estimated Equity
62% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,521 /month
Positive
Cash Flow Estimate:
$840 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$825/month
$1,053/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,799
$420,171
2025
$110,000
$310,171
$420,171
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,799
$420,171

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Brazos National Bank
Fha
$206,043
Yes
First
Nov 20, 2015
Dec 2045

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$159,200
$260,971
62%
38%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,320/mo
$1,053/mo
+$1,267/mo
6.6%

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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2704 Wales Dr | Property Details | No Agent List