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$823,000

NAL Estimated Property Value

300 Dove Creek, McKinney, TX, 75071

Off MarketInfo
Beds6 Beds
Baths5 Bath
Baths3,767 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$229.63 / sqft
Year BuiltBuilt in 1993

Property Lead Type:

High EquityMove-In Ready

Highlights

Interior

Bedrooms 6Bedrooms 6
Bathrooms Full 4.5Bathrooms Full 4.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven
FlooringCarpet, Ceramic Tile, Laminate

Exterior

Private PoolPrivate Pool
Exterior FeaturesFire Pit, Rain Gutters
Lot Size40,951 sqft

Building Information

Year Built1993
Stories2
Roof Type105
Garage Spaces3

Land Information

APNR-2026-002-0050-1
Lot Number5
SubdivisionDove Creek
Land UseResidential
Legal DescriptionDOVE CREEK, BLK 2, LOT 5
Census Tract030201
Assessed Land Value$200,000
Assessed Improvement Value$593,755
Assessment Year2025

About this property

Charming country retreat on nearly an acre in Dove Creek and within the highly acclaimed Melissa ISD! Nestled in a canopy of mature trees backing to a peaceful creek, this beautifully maintained 5-bed, 5-bath home with 6th bed in garage apartment offers a perfect blend of character, functionality, and natural beauty. With over $117K in home improvements, this home is truly move-in ready! The open kitchen, featuring granite countertops, is designed for gathering and entertaining, flowing seamlessly into the main living area with soaring ceilings and a cozy wood-burning fireplace. The owner's suite includes a freshly updated bath, creating a relaxing space to start and end your day. A spacious bonus room with full bath, kitchenette, and private entrance sits above the 3-car garage—ideal for a guest suite, studio, game room, or private office. It even includes a generous rooftop patio overlooking the gorgeous backyard. Recent updates include a brand-new roof and HVAC systems installed in 2025, bringing peace of mind and energy efficiency. Inside, you'll also find multiple living and dining areas, a dedicated study, and a mudroom—offering plenty of space to live, work, and relax. Step outside to peaceful mornings on the wrap-around front porch or host memorable gatherings on the large covered back patio. The refurbished pool is summer-ready, perfect for cooling off or unwinding beneath the stars. The expansive yard offers room for gardening, play, or simply enjoying the soothing sounds of nature and watching fireflies twinkle near the creek. A custom tiny home or detached office adds even more potential and is available for purchase separately. With thoughtful updates underway, flexible living spaces, and an unbeatable location just minutes from shopping, dining, Walmart, and the brand-new H-E-B—with easy access to HWY 75—this one checks all the boxes. Don’t miss your chance to experience the space, serenity, and lifestyle this unique property offers!

Investor Tools

Property Icon
$823,000
Estimated Property Value
$458,199Estimated Mortgage Balance
$364,801Estimated Equity
44% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,190 /month
Positive
Cash Flow Estimate:
$1,730 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,169/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,917
$793,755
2025
$200,000
$593,755
$793,755
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,917
$793,755

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Lakeview Loan Servicing Llc
Conventional
$465,000
No
First
Jul 1, 2025
Aug 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$458,199
$364,801
44%
56%
$2,788/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.

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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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300 Dove Creek | Property Details | No Agent List