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$375,000

305 Terra Verde Ln, McKinney, TX, 75069

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,428 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$262.61 / sqft
Year BuiltBuilt in 2009

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Electric Range, Electric Water Heater, Microwave
FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesRain Gutters
Lot Size5,231 sqft

Building Information

Year Built2009
Stories1
Garage Spaces2

Land Information

APNR-9753-00B-0060-1
Lot Number6
SubdivisionCountry Lane Villas Phase 3 (Cmc)
Land UseResidential
Legal DescriptionCOUNTRY LANE VILLAS PHASE 3 (CMC), BLK B, LOT 6
Census Tract030903
Assessed Land Value$95,000
Assessed Improvement Value$250,672
Assessment Year2025

About this property

This Beautiful, well maintained 2 BDRM, 2 BA Villa is located in a sought-after 55+ community offering a lock and leave lifestyle. The HOA covers front & back yard maintenance, including maintenance of sprinkler heads, landscaping of flower beds, interior & exterior Pest Control and Roof Insurance. Amenities include Pickleball, Swimming Pools, Fitness Center and Restaurant. The open floor plan, with high ceilings and large windows allow the natural light in. The large kitchen featuring sleek Granite Countertops, Tile Backsplash, Stainless Steel Appliances, (Refrigerator stays) beautiful cabinets with pull out shelves and bar seating flow to the living & dining area overlooking the delightful, covered, screened in patio. The spacious Master Bedroom with en-suite bath boasts a sitting area, beautiful vanity and bath areas with a walk-in shower and oversized walk in closet. The 2nd BDRM and full bath are just off the hall at the front of the home. Conveniently located minutes from Hwy 75, 121 and Downtown McKinney, this home is near shopping, dining & entertainment. You will love it. Welcome Home!

Investor Tools

Property Icon
$345,672
Estimated Property Value
$0Estimated Mortgage Balance
$345,672Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,250 /month
Positive
Cash Flow Estimate:
$750 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$339/month
$315/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,339
$345,672
2025
$95,000
$250,672
$345,672
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,339
$345,672

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$345,672
100%
0%
$0/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.

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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305 Terra Verde Ln | Property Details | No Agent List