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$402,000

NAL Estimated Property Value

3101 Hoover Dr, McKinney, TX, 75071

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths3,040 Sq Ft
price_per_sqft$151.97 / sqft
Year BuiltBuilt in 2005

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2.5Bathrooms Full 2.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Oven, Electric Range, Microwave
FlooringCarpet, Ceramic Tile, Vinyl

Building Information

Year Built2005
Stories2
Garage Spaces2

Land Information

APNR-8452-00E-0290-1
Lot Number29
SubdivisionPresidents Point Phase Two (Cmc)
Land UseResidential
Legal DescriptionPRESIDENTS POINT PHASE TWO (CMC), BLK E, LOT 29
Census Tract030605
Assessed Land Value$100,000
Assessed Improvement Value$275,341
Assessment Year2025

About this property

Nestled in the heart of McKinney, Texas, lies a remarkable 4-bedroom, 2.5-bathroom home with a dedicated study. The study, with a view of a charming covered front porch, welcomes you with an aura of pristine cleanliness. The tiled entry leads to a formal dining area, which continues to the open and inviting living room featuring a wood-burning fireplace. The living area seamlessly flows into a spacious kitchen with a large island, offering ample countertop space. The master bedroom is a haven of luxury, with an en suite bath that boasts dual sinks, a garden tub, a separate shower, and an extra-large walk-in closet. Upstairs, a generously sized game room awaits, making it the perfect hangout spot. Three secondary bedrooms with walk-in closets are conveniently situated nearby. The backyard features an extended open patio, ideal for outdoor gatherings and relaxation. Don't miss the chance to make this exquisite residence your own!

Investor Tools

Property Icon
$402,000
Estimated Property Value
$0Estimated Mortgage Balance
$402,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,772 /month
Positive
Cash Flow Estimate:
$924 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$648/month
$264/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,762
$375,341
2025
$100,000
$275,341
$375,341
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,762
$375,341

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$402,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,520/mo
$264/mo
+$3,256/mo
10.5%

City: McKinney

3101 Hoover Dr | Property Details | No Agent List