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$404,687

3011 Downhill Ln, McKinney, TX, 75070

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,180 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.15 / sqft
Year BuiltBuilt in 1998

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
AppliancesDishwasher, Disposal, Dryer, Gas Cooktop, Microwave, Refrigerator, Washer

Building Information

Year Built1998
Stories1
Garage Spaces2

Land Information

APNR-3186-00B-0060-1
Lot Number6
SubdivisionEldorado Crossing (Cmc)
Land UseResidential
Legal DescriptionELDORADO CROSSING (CMC), BLK B, LOT 6
Census Tract030550
Assessed Land Value$115,000
Assessed Improvement Value$289,687
Assessment Year2025

About this property

This Lovely One-Story Goodman home has a versatile floorplan with 3 Bedrooms + Office (could also be 4th bedroom), 2 baths, formal dining + breakfast area. You will love the light, bright & airy feeling of this home with 10 ft. ceilings, tons of Natural Light & a True Open Floor planned Kitchen, Breakfast & Living Room areas! The Kitchen has 42 in. cabinets, LGI SS appliances, gas range, walk-in pantry & extended breakfast bar seating! The large, but cozy, living room has a gas log fireplace with an oversized seating area, perfect for entertaining larger groups! The Primary Suite has His & Her Walk-in Closets, double sinks, jetted tub & separate bench seating shower!

Investor Tools

Property Icon
$404,687
Estimated Property Value
$414,190Estimated Mortgage Balance
$14,630Estimated Equity
-2% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,428 /month
Positive
Cash Flow Estimate:
$809 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$701/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,391
$404,687
2025
$115,000
$289,687
$404,687
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,391
$404,687

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Everett Financial Inc
Conventional
$414,190
No
First
May 31, 2023
Jun 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$390,057
$14,630
3%
96%
$2,484/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,440/mo
$2,484/mo
$-44/mo
7.2%

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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3011 Downhill Ln | Property Details | No Agent List