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$415,000

309 Northwood Dr, McKinney, TX, 75071

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,620 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$256.17 / sqft
Year BuiltBuilt in 1972

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Cooktop, Gas Range, Microwave, Vented Exhaust Fan
FlooringVinyl

Exterior

Exterior FeaturesRain Gutters

Building Information

Year Built1972
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR-0921-001-0100-1
Lot Number10
SubdivisionNorthwood Park Addition #1 (Cmc)
Land UseResidential
Legal DescriptionNORTHWOOD PARK ADDITION #1 (CMC), BLK A, LOT 10
Census Tract030609
Assessed Land Value$85,000
Assessed Improvement Value$265,653
Assessment Year2025

About this property

Step into this adorable and beautifully updated home in a highly desirable McKinney neighborhood. This east-facing layout is filled with natural light and offers a functional open space that feels welcoming from the moment you walk in. The spacious family room opens to an updated kitchen featuring a large island, generous counter space, modern finishes, and a true chef’s layout that makes both everyday living and entertaining easy. The island provides additional seating and serves as the natural gathering spot of the home. The private primary suite offers great natural light and an updated ensuite bath with clean, modern finishes and dual sinks. Two additional bedrooms provide flexibility for guests, kids, or a home office, and the secondary bathroom has also been updated. Step outside to a backyard designed to be enjoyed year-round. The covered patio creates the perfect place to relax or entertain, while the turfed area and sand space offer plenty of room for outdoor activities with low maintenance that will provide endless family fun. Located in one of McKinney’s most popular areas with convenient access to shopping, dining, parks, and highly rated schools. Thoughtful updates throughout give this home a move-in-ready feel while keeping the charm of the home intact.

Investor Tools

Property Icon
$354,000
Estimated Property Value
$0Estimated Mortgage Balance
$354,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,490 /month
Positive
Cash Flow Estimate:
$830 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$652/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,057
$350,653
2025
$85,000
$265,653
$350,653
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,057
$350,653

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$354,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,700/mo
N/A
+$2,700/mo
9.2%

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.

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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