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$817,984

NAL Estimated Property Value

3116 Rivercrest Dr, McKinney, TX, 75071

$899,718 ARVInfo
Off MarketInfo
Beds4 Beds
Baths5 Bath
Baths4,173 Sq Ft
price_per_sqft$222.81 / sqft
Year BuiltBuilt in 2023

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 4.5Bathrooms Full 4.5
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Microwave, Tankless Water Heater, Vented Exhaust Fan
FlooringCarpet, Ceramic Tile, Hardwood, Tile

Exterior

Private PoolPrivate Pool
Exterior FeaturesRain Gutters

Building Information

Year Built2022
Stories2
Garage Spaces3

Land Information

APNR-12360-00K-0400-1
Lot Number40
SubdivisionErwin Farms Phase 3 (Cmc)
Land UseResidential
Legal DescriptionERWIN FARMS PHASE 3 (CMC), BLK K, LOT 40
Census Tract030307
Assessed Land Value$167,475
Assessed Improvement Value$650,509
Assessment Year2025

About this property

Stunning, nearly completed Wyatt James Builder new construction! 80 foot greenbelt Estate Lot in Erwin Farms! Three car garage, 4 BR, 4.5 bath, office, game room, media room! Ensuite bedrooms! Open plan with gourmet kitchen featuring Quartz countertops, Custom white oak cabinets, Electrolux appliances with gas range top, Venthood! Nail down White Oak flooring throughout first floor! Gorgeous designer finishes throughout including quartz countertops in all baths and laundry! Primary suite has two large walk in closets, freestanding soaker tub, dual vanities, large full tile walk in shower! Outdoor living area off the living room overlooks greenbelt! Superior construction features Zip system sheathing, Web trusses, Advantech Sub Floor insulation, Full encapsulation, Lennox HVAC Systems, Anderson windows and doors, tankless water heaters! Cedar garage doors! Upgraded features throughout!

Investor Tools

Property Icon
$817,984
Estimated Property Value
$504,259Estimated Mortgage Balance
$313,725Estimated Equity
38% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$899,718
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,579 /month
Positive
Cash Flow Estimate:
$1,860 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,603/month
$1,065/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$15,147
$817,984
2025
$167,475
$650,509
$817,984
No

Tax History

Year
Tax Paid
Assessed Value
2024
$15,147
$817,984

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Integrity Home Mortgage Corp
Conventional
$530,000
No
First
Sep 15, 2023
Oct 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$504,259
$313,725
38%
62%
$3,178/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,520/mo
$4,243/mo
$-723/mo
5.2%

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.

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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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