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$374,000

NAL Estimated Property Value

309 Berkshire Dr, McKinney, TX, 75071

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths2,558 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$0.98 / sqft
Year BuiltBuilt in 2024

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3.5Bathrooms Full 3.5
AppliancesDishwasher, Disposal
FlooringCarpet, Ceramic Tile

Building Information

Year Built2024
Stories2
Garage Spaces2

Land Information

APNR-13084-00D-0130-1
Lot Number13
SubdivisionSouthridge
Land UseResidential Single Family
Legal DescriptionSOUTHRIDGE PHASE 1 (CPN), BLK D, LOT 13
Census Tract031003
Assessed Land Value$105,000
Assessed Improvement Value$268,162
Assessment Year2025

About this property

Step into luxury with this exquisite brand-new two-story home conveniently located in McKinney, TX. This residence is perfect for unwinding after a long day. Open-concept floor plan seamlessly integrates the living and kitchen areas with ample cabinet space, luxurious countertops, very spacious bedroom. Outside, enjoy the fenced backyard and covered patio. This beautiful home is a must see!

Investor Tools

Property Icon
$374,000
Estimated Property Value
$249,050Estimated Mortgage Balance
$124,950Estimated Equity
33% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,244 /month
Positive
Cash Flow Estimate:
$748 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$521/month
$600/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,376
$373,162
2025
$105,000
$268,162
$373,162
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,376
$373,162

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Clearedge Lending Llc
Conventional
$256,685
No
First
Sep 20, 2024
Oct 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$249,050
$124,950
33%
67%
$1,539/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,520/mo
$2,139/mo
+$1,381/mo
11.3%

City: McKinney

309 Berkshire Dr | Property Details | No Agent List