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B+
NoAgentList RatingHow are grades calculated? Info

$408,230

2936 Coventry Ln, McKinney, TX, 75069

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,745 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.09 / sqft
Year BuiltBuilt in 1997

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range
FlooringCarpet, Ceramic Tile

Building Information

Year Built1997
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR-3473-00A-005A-1
Lot Number5A,5B
SubdivisionCoventry Point Phase 1 (Cmc)
Land UseResidential
Legal DescriptionCOVENTRY POINT PHASE 1 (CMC), BLK A, LOT 5A & 5B
Census Tract030801
Assessed Land Value$132,250
Assessed Improvement Value$275,980
Assessment Year2025

About this property

Creek lot and a great view out the backyard. Painted and Carpeted just installed in 2019. Kitchen with granite counter tops, Gas Range, Black appliances, White Cabinets, Island and open to Living Area. Formal dining is open to living area. Breakfast with big bay window to back yard and a view of trees and creek. Master Bath with separate tub, shower and double sinks. Nice patio for grilling out. Bedrooms are split from master for privacy.

Investor Tools

Property Icon
$408,230
Estimated Property Value
$319,000Estimated Mortgage Balance
$92,010Estimated Equity
22% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,449 /month
Positive
Cash Flow Estimate:
$816 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$675/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,061
$408,230
2025
$132,250
$275,980
$408,230
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,061
$408,230

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Ensure Home Loans Llc
Conventional
$319,000
No
First
Nov 11, 2025
Dec 2040

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$316,220
$92,010
22%
77%
$1,913/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,913/mo
+$59/mo
5.8%

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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2936 Coventry Ln | Property Details | No Agent List