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$2,300

3118 Legend Dr, McKinney, TX, 75070

On MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,659 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.39 / sqft
Year BuiltBuilt in 1997

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
AppliancesDishwasher, Disposal, Electric Oven, Microwave, Refrigerator

Building Information

Year Built1997
Stories1
Garage Spaces2

Land Information

APNR-3675-008-0090-1
Lot Number9
SubdivisionLegends Of Mckinney Phase I (Cmc)
Land UseResidential
Legal DescriptionLEGENDS OF MCKINNEY PHASE I (CMC), BLK 8, LOT 9
Census Tract030549
Assessed Land Value$95,000
Assessed Improvement Value$195,563
Assessment Year2025

About this property

Welcome to 3 bedrooms, 2 bathrooms, one story house in McKinney! New carpet in all of the bedrooms, fresh paint, comes with refrigerator and a new dishwasher. This beautiful home offers a comfortable and inviting layout with plenty of space for everyday living and entertaining. Featuring spacious living areas, a well appointed kitchen, comfortable bedrooms, and a private backyard. Conveniently located in McKinney with easy access to shopping, dining, schools, parks and major highway.

Investor Tools

$85,591Estimated Mortgage Balance
$226,577Estimated Equity
74% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,872 /month
Positive
Cash Flow Estimate:
$624 /month

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Alexandra Parnes

Regal, REALTORS

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$449/month
$270/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,833
$290,563
2025
$95,000
$195,563
$290,563
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,833
$290,563

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Nationstar Mortgage Llc
Conventional
$95,000
No
First
May 4, 2021
Jun 2036

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$85,591
$252,409
74%
27%
$570/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,440/mo
$840/mo
+$1,600/mo
9.4%

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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3118 Legend Dr | Property Details | No Agent List