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$379,144

NAL Estimated Property Value

308 Northwood Dr, McKinney, TX, 75071

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,822 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$196.98 / sqft
Year BuiltBuilt in 1970

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Microwave, Double Oven
FlooringCarpet, Ceramic Tile, Wood, Vinyl

Exterior

Exterior FeaturesRain Gutters

Building Information

Year Built1970
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR-0921-002-0220-1
Lot Number22
SubdivisionNorthwood Park Addition #1 (Cmc)
Land UseResidential
Legal DescriptionNORTHWOOD PARK ADDITION #1 (CMC), BLK B, LOT 22
Census Tract030609
Assessed Land Value$85,000
Assessed Improvement Value$294,144
Assessment Year2025

About this property

Price adjusted and seller will consider $7,500 contribution to buyer's expenses. Many updates, great location, pride of ownership shows in this neighborhood with trees, large side yard setbacks alley access to garage. Formal dining or office has chair rail, raised pan ceiling double crown molding. Kitchen updates include granite, tiled backsplash, double oven, smooth glass cooktop, lots of cabinet space. Utility room has a handy sink and upper cabinets for storage and a pocket door. Family room features a cozy brick fireplace with gas logs, decorative mantle, beamed ceiling, ceiling fan. Bonus room with built in bookcase can be a quiet place to relax, read, or enjoy your hobbies, with a window seat view of the fenced and shady backyard. Primary bedroom is oversized and has room for a sitting area, double crown molding raised ceiling, primary bath with WIC has been updated with a double sink vanity, granite style countertop, linen storage, tile flooring and tiled tub-shower combo. Spacious closet space in nice size secondary bedrooms. Hall bath with tiled vanity has built in makeup area with convenient knee space. Oversize rear entry garage with door opener. Foundation work in 2016, new electrical panel 2022, drain line update 2021, info in transaction desk.

Investor Tools

Property Icon
$379,144
Estimated Property Value
$328,642Estimated Mortgage Balance
$50,502Estimated Equity
13% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,275 /month
Positive
Cash Flow Estimate:
$758 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$586/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,142
$379,144
2025
$85,000
$294,144
$379,144
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,142
$379,144

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Crosscountry Mortgage Llc
Fha
$332,519
Yes
First
Sep 12, 2025
Oct 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$328,642
$50,502
13%
87%
$1,994/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,700/mo
$1,994/mo
+$706/mo
8.5%

City: McKinney

308 Northwood Dr | Property Details | No Agent List