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$326,238

2905 Berry Hl, McKinney, TX, 75069

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,334 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.12 / sqft
Year BuiltBuilt in 1997

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
AppliancesDishwasher, Disposal, Electric Range, Vented Exhaust Fan

Building Information

Year Built1997
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR-3473-00B-0250-1
Lot Number25
SubdivisionCoventry Point Phase 1 (Cmc)
Land UseResidential
Legal DescriptionCOVENTRY POINT PHASE 1 (CMC), BLK B, LOT 25
Census Tract030801
Assessed Land Value$100,000
Assessed Improvement Value$226,238
Assessment Year2025

About this property

Gorgeous updated home in the heart of McKinney available for immediate occupancy. This one story home with 2 car front entry garage, features and open and spacious layout with split bedrooms, and large windows. Fully fenced backyard and quiet street. Pet approval is on a case by case basis.

Investor Tools

Property Icon
$326,238
Estimated Property Value
$148,250Estimated Mortgage Balance
$195,608Estimated Equity
55% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,957 /month
Positive
Cash Flow Estimate:
$652 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$622/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,831
$326,238
2025
$100,000
$226,238
$326,238
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,831
$326,238

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Commercial Bank Of Texas Na
Conventional
$148,250
No
First
Apr 17, 2020
May 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$130,630
$195,608
59%
40%
$889/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$889/mo
+$1,083/mo
7.3%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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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2905 Berry Hl | Property Details | No Agent List