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$701,000

NAL Estimated Property Value

2807 Carriage Trl, McKinney, TX, 75072

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,841 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$255.19 / sqft
Year BuiltBuilt in 1990

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Oven, Gas Water Heater, Microwave, Tankless Water Heater, Vented Exhaust Fan

Exterior

Exterior FeaturesRain Gutters, Lighting

Building Information

Year Built1990
Stories1
Roof Type134
Garage Spaces2

Land Information

APNR-2139-00A-0040-1
Lot Number4
SubdivisionVillage Of Eldorado Phase 3 (Cmc)
Land UseResidential
Legal DescriptionVILLAGE OF ELDORADO PHASE 3 (CMC), BLK A, LOT 4
Census Tract030607
Assessed Land Value$195,500
Assessed Improvement Value$448,103
Assessment Year2025

About this property

Beautifully updated and ideally located, this one-story home on a spacious quarter-acre lot is nestled among mature trees in one of McKinney’s most desirable neighborhoods. Located across the street from McKinney's top-rated elementary school, a stone's throw from Eldorado country club, and neighborhood access to major highways 75 and 121, you’ll also enjoy convenient access to Trader Joe’s and the shops, dining, and charm of downtown McKinney. Inside, thoughtful improvements over the past five years include new HVAC, solid white oak nail-down hardwood flooring, custom cabinets with soft-close hinges, sleek quartz countertops, stylish fixtures, and renovated bathrooms. The kitchen features a gas range, new dishwasher, updated disposal, and a new gas tankless water heater, all supported by a complete plumbing update for lasting peace of mind. The open layout offers seamless flow and functionality, while large windows invite natural light and showcase the lush, tree-lined backyard. Located in a community with walking trails, stocked fishing ponds, and highly rated schools, this home combines comfort, convenience, and character in a peaceful, established setting.

Investor Tools

Property Icon
$701,000
Estimated Property Value
$607,828Estimated Mortgage Balance
$93,172Estimated Equity
13% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,350 /month
Positive
Cash Flow Estimate:
$1,450 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$999/month
$397/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,480
$643,603
2025
$195,500
$448,103
$643,603
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,480
$643,603

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Sfmc Lp
Conventional
$615,000
No
First
Sep 4, 2025
Oct 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$607,828
$93,172
13%
87%
$3,688/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,020/mo
$4,085/mo
$-1,065/mo
5.2%

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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2807 Carriage Trl | Property Details | No Agent List