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$380,870

NAL Estimated Property Value

2953 Frontier Lane, McKinney, TX, 75071

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,906 Sq Ft
price_per_sqft$141.66 / sqft
Year BuiltBuilt in 2002

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Microwave, Plumbed For Ice Maker, Vented Exhaust Fan, Electric Water Heater
FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesRain Gutters

Building Information

Year Built2002
Stories1
Garage Spaces1

Land Information

APNR-5095-00D-0390-1
Lot Number39
SubdivisionHigh Pointe Phase 6b (Cmc)
Land UseResidential
Legal DescriptionHIGH POINTE PHASE 6B (CMC), BLK D, LOT 39; ( AMENDED PLAT ) AMENDED PLAT
Census Tract030605
Assessed Land Value$109,250
Assessed Improvement Value$271,620
Assessment Year2025

About this property

UPDATED 1 story, 4 bedroom home with deck overlooking community pond with beautiful shade tree! Wonderful open floor plan allows for entertaining a crowd! Cooks love the large kitchen w gorgeous lighting, abundant counter space, granite look counters, stainless appliances, lots of storage, breakfast bar & prep island. Kitchen & breakfast offer open views to the living room. Master retreat has a walk-in closet is split from other bedrooms allowing for added privacy, great master bath w double sinks, soaking tub & separate shower! Secondary bedrooms & guest bath off another hall! Enjoy a large fenced backyard, walking distance to all schools. Location is amazing close to Hwy 75, 380 & Historic Downtown McKinney!

Investor Tools

Property Icon
$380,870
Estimated Property Value
$231,629Estimated Mortgage Balance
$149,241Estimated Equity
39% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,285 /month
Positive
Cash Flow Estimate:
$762 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$574/month
$196/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,987
$380,870
2025
$109,250
$271,620
$380,870
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,987
$380,870

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fairway Independent Mortgage Corp
Conventional
$261,250
No
First
Jul 6, 2020
Aug 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$231,629
$149,241
39%
61%
$1,567/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,520/mo
$1,763/mo
+$1,757/mo
11.1%

City: McKinney

2953 Frontier Lane | Property Details | No Agent List