Real opportunities. Driven by live market signals.
Updated every minute.

Browse Homes — Buy Direct, Deal on Your Terms

Updated Properties Icon
Updated Properties
Last 24 HoursLast 24 Hours
Gallery image 2
Gallery image 3
Gallery image 4
Gallery image 5

$1,199,596

NAL Estimated Property Value

2706 Sylvan Way, McKinney, TX, 75072

Off MarketInfo
Beds5 Beds
Baths4 Bath
Baths4,816 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$248.75 / sqft
Year BuiltBuilt in 1998

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 3Bathrooms Full 3
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesRefrigerator, Built-In Refrigerator, Dishwasher, Disposal, Gas Range, Gas Water Heater, Microwave, Vented Exhaust Fan, Warming Drawer, Wine Cooler
FlooringCarpet, Ceramic Tile

Exterior

Exterior FeaturesRain Gutters, Private Yard

Building Information

Year Built1998
Stories2
Roof Type105
Garage Spaces3

Land Information

APNR-3061-00A-0040-1
Lot Number4
SubdivisionForest Ridge (Cmc)
Land UseResidential
Legal DescriptionFOREST RIDGE (CMC), BLK A, LOT 4
Census Tract030607
Assessed Land Value$403,200
Assessed Improvement Value$796,396
Assessment Year2025

About this property

Texas Hill Country Elegance on Premium Greenbelt Lot. Experience refined living in this custom stone & brick estate located in Forest Ridge subdivision of Eldorado. Designed with timeless architecture this 5 bedroom, 3.5 bath home offers stunning views, and luxurious living spaces. A dramatic great room welcomes you with soaring cathedral ceilings accented by exposed wood beams and trusses, a 14-foot stone fireplace wall with Lueders stone hearth, and an expansive window wall frames the breathtaking greenbelt backdrop. The chef’s kitchen is designed featuring a commercial-grade Thermador gas range with 6 burners, griddle, and double ovens, a 48-inch built-in refrigerator, Thermador warming drawer, KitchenAid dishwasher, icemaker, beverage refrigerator, granite countertops, island, and abundant custom cabinetry with pull-outs and antique German glass inserts. The pantry includes a granite coffee bar while the spacious breakfast area overlooks the backyard. The primary suite captures peaceful greenbelt views & features architectural ceiling details including a triple box ceiling & cathedral ceiling in the sitting area. The updated spa-inspired bath offers quartz countertops, undermount sinks, designer lighting, a large Jacuzzi tub, & a walk-in shower with dual-controlled Grohe fixtures & curved seating. An adjoining exercise room with sliding doors overlooks the park like setting. The richly appointed study has extensive built ins, detailed millwork, and a tall coffered ceiling. A first floor guest suite includes an ensuite bath, oversized closet, and scenic views. Upstairs, three additional bedrooms with walk-in closets accompany a game room with vaulted beamed ceilings. With exceptional architectural detail, scenic views from nearly every room, & a five-star location near Historic Downtown McKinney, Highway 121, US-75, shopping, trails, schools, & nearby Eldorado Country Club, this is a rare opportunity. Updates: new carpet, primary bath vanities, paint, & lighting.

Investor Tools

Property Icon
$1,199,596
Estimated Property Value
$897,118Estimated Mortgage Balance
$302,478Estimated Equity
25% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$7,198 /month
Positive
Cash Flow Estimate:
$2,399 /month

Interested in this property?

Run an Owner Lookup!

Unlock Owner Contacts

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,764/month
$632/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$15,167
$1,199,596
2025
$403,200
$796,396
$1,199,596
No

Tax History

Year
Tax Paid
Assessed Value
2024
$15,167
$1,199,596

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
B1bank
Credit Line (Revolving) / Heloc
$916,000
No
First
Apr 4, 2025
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$897,118
$302,478
25%
75%
$5,492/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,020/mo
$6,124/mo
$-3,104/mo
3.0%

Learn About the Market: Opportunity in Texas

Local Market Pages
Local Market Pages 2Local Market Pages 3Local Market Pages 4

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

No Agent List Top Properties.

These are Deal List properties graded A+, A.

Loading properties...

Sold Properties

Loading properties...

2706 Sylvan Way | Property Details | No Agent List