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B+
NoAgentList RatingHow are grades calculated?Info

$444,000

NAL Estimated Property Value

3104 Palmtree Drive, McKinney, TX, 75070

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,786 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$120.24 / sqft
Year BuiltBuilt in 1996

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2.5Bathrooms Full 2.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
AppliancesDishwasher, Disposal, Gas Cooktop, Microwave, Plumbed For Ice Maker
FlooringCarpet, Ceramic Tile

Exterior

Exterior FeaturesRain Gutters

Building Information

Year Built1996
Stories2
Garage Spaces2

Land Information

APNR-3103-00A-0360-1
Lot Number36
SubdivisionEldorado Heights Phase A1 (Cmc)
Land UseResidential
Legal DescriptionELDORADO HEIGHTS PHASE A1 (CMC), BLK A, LOT 36
Census Tract030549
Assessed Land Value$115,000
Assessed Improvement Value$308,562
Assessment Year2025

About this property

Beautiful 4 bedroom home with impressive features. Large owner's suite downstairs with space for a sitting area. This home features a formal living room, dining room and large kitchen with an island. This home is great for hosting dinner or just enjoying a quiet night at home. Large gameroom upstairs along with the 3 secondary bedrooms. Great location close to shopping, dining and more!

Investor Tools

Property Icon
$444,000
Estimated Property Value
$296,352Estimated Mortgage Balance
$147,648Estimated Equity
33% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,664 /month
Positive
Cash Flow Estimate:
$888 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$711/month
$150/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,314
$423,562
2025
$115,000
$308,562
$423,562
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,314
$423,562

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Home Point Financial Corporation
Fha
$328,932
Yes
First
Mar 31, 2021
Apr 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$296,352
$147,648
33%
67%
$1,973/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,190/mo
$2,123/mo
+$1,067/mo
8.6%

Learn About the Market: Opportunity in Texas

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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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3104 Palmtree Drive | Property Details | No Agent List