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$428,429

NAL Estimated Property Value

308 Gibbons Creek Trail, McKinney, TX, 75071

$433,582 ARVInfo
Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,766 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$198.19 / sqft
Year BuiltBuilt in 2019

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
AppliancesDishwasher, Gas Cooktop, Microwave, Tankless Water Heater
FlooringCarpet

Exterior

Exterior FeaturesRain Gutters

Building Information

Year Built2019
Stories1
Garage Spaces2

Land Information

APNR-11824-00A-0030-1
Lot Number3
SubdivisionTrinity Falls Planning Unit 3 Phase 4a
Land UseResidential
Legal DescriptionTRINITY FALLS PLANNING UNIT 3 PHASE 4A, BLK A, LOT 3
Census Tract030202
Assessed Land Value$110,000
Assessed Improvement Value$318,429
Assessment Year2025

About this property

**MULTIPLE OFFERS. BEST & FINAL due May 12th at 10AM** This IMMACULATE, barely lived in 2019 Highland-built home is tucked away on a very quiet street in Trinity Falls & shows like a model with all the upgrades! Greeted by an upgraded front door, luxury vinyl plank flooring, plus upgraded carpet in all 3 bedrooms. White kitchen with beautiful quartz countertops. Plantation shutters throughout. Master bathroom has a HUGE upgraded shower. Large living room open to the kitchen and breakfast nook, followed to a cozy covered back patio. Did I mention the home faces a greenbelt & has no homes across the street? Close to all of the neighborhood amenities and minutes from HWY 75. Great schools and a prime location!

Investor Tools

Property Icon
$428,429
Estimated Property Value
$320,333Estimated Mortgage Balance
$108,096Estimated Equity
25% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$433,581
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,571 /month
Positive
Cash Flow Estimate:
$857 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$571/month
$300/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,712
$428,429
2025
$110,000
$318,429
$428,429
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,712
$428,429

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First Centennial Mortgage Corp
Fha
$353,479
Yes
First
Jun 7, 2021
Jul 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$320,333
$108,096
25%
75%
$2,120/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,700/mo
$2,420/mo
+$280/mo
7.6%

City: McKinney

308 Gibbons Creek Trail | Property Details | No Agent List