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$431,811

NAL Estimated Property Value

2905 Dover Drive, McKinney, TX, 75069

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,105 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$130.64 / sqft
Year BuiltBuilt in 1999

Property Lead Type:

Off-Market ListHigh 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, Microwave, Double Oven, Plumbed For Ice Maker
FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesRain Gutters

Building Information

Year Built1999
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR-3473-00A-0570-1
Lot Number57
SubdivisionCoventry Point Phase 1 (Cmc)
Land UseResidential
Legal DescriptionCOVENTRY POINT PHASE 1 (CMC), BLK A, LOT 57
Census Tract030801
Assessed Land Value$115,000
Assessed Improvement Value$316,811
Assessment Year2025

About this property

Beautiful 3 bed, 2 bath home with greenbelt and lake views as your backyard backdrop. You will love the open floor plan with new bamboo hardwood floors throughout the main living areas and tons of natural light. The kitchen features newly upgraded countertops, stainless steel appliances, and a breakfast area all overlooking the living room making it great for entertaining. The large master suite has floor to ceiling windows overlooking the lake and has an en-suite bath that includes separate vanities, a jetted tub, and a separate shower. A formal dining room and study with french doors along with two additional bedrooms and another full bath complete this amazing home. Exemplary McKinney ISD schools.

Investor Tools

Property Icon
$431,811
Estimated Property Value
$212,058Estimated Mortgage Balance
$219,753Estimated Equity
50% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,591 /month
Positive
Cash Flow Estimate:
$864 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$687/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,081
$431,811
2025
$115,000
$316,811
$431,811
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,081
$431,811

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Quicken Loans Llc
Conventional
$234,000
No
First
Jun 29, 2021
Jul 2036

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$212,058
$219,753
50%
49%
$1,403/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,572/mo
$1,403/mo
+$1,169/mo
7.1%

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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2905 Dover Drive | Property Details | No Agent List