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$517,000

NAL Estimated Property Value

2841 Laurel Oak Dr, McKinney, TX, 75071

Off MarketInfo
Beds5 Beds
Baths4 Bath
Baths3,347 Sq Ft
price_per_sqft$144.88 / sqft
Year BuiltBuilt in 2007

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 3.5Bathrooms Full 3.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Microwave, Vented Exhaust Fan
FlooringCarpet, Ceramic Tile

Building Information

Year Built2007
Stories2
Garage Spaces2

Land Information

APNR-8937-00A-0380-1
Lot Number38
SubdivisionHeatherwood Phase One (Cmc)
Land UseResidential
Legal DescriptionHEATHERWOOD PHASE ONE (CMC), BLK A, LOT 38
Census Tract030301
Assessed Land Value$132,825
Assessed Improvement Value$375,749
Assessment Year2025

About this property

**Price Improvement** Welcome to this stunning 5-bedroom, 3.5-bathroom home in McKinney. Step inside to discover a move-in ready home with fresh paint & new carpeting throughout. The main level welcomes you with a spacious den, perfect for a home office or study. Entertain guests in the large dining area, then retreat to the inviting family room, bathed in natural light, overlooking the tranquil backyard. The primary suite on the main floor offers a peaceful sanctuary with views of the wooded area behind the home. Upstairs, discover 4 additional bedrooms, 2 full bathrooms & a versatile multipurpose room, ready to be transformed into a game room, second family room, or whatever suits your lifestyle best. Outside, enjoy the privacy & serenity of the wooded backdrop, creating a peaceful retreat for relaxation & outdoor gatherings. Situated in a desirable neighborhood, within close proximity to schools, parks, shopping, & dining.

Investor Tools

Property Icon
$517,000
Estimated Property Value
$229,638,472Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,102 /month
Positive
Cash Flow Estimate:
$1,034 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,020/month
$205/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,656
$508,574
2025
$132,825
$375,749
$508,574
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,656
$508,574

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Bank Of America Na
Loan Amount $1-9 Billion - Only First 9-Digits Of Loan Amount Entered Due To Field Length Limitations. Need To Multiply Loan Amount Field By 10 For The Actual Amount.
$2,293,384,720
No
First
Nov 9, 2021
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$229,638,472
N/A
0%
44417%
$1,375,081/mo

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.

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

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