$427,326
NAL Estimated Property Value313 Ferndale Dr, McKinney, TX, 75071
Off Market
Property Lead Type:
Off-Market ListAbsentee OwnerHigh EquityMove-In Ready
Highlights
Interior
AppliancesDishwasher, Disposal, Gas Range
FlooringCarpet, Ceramic Tile
Building Information
Year Built2006
Stories1
Garage Spaces1
Land Information
APNR-8576-00H-0210-1
Lot Number21
SubdivisionVirginia Ridge Estates Phase 2 (Cmc)
Land UseResidential
Legal DescriptionVIRGINIA RIDGE ESTATES PHASE 2 (CMC), BLK H, LOT 21
Census Tract030546
Assessed Land Value$120,000
Assessed Improvement Value$307,326
Assessment Year2025
About this property
Beautifully maintained ONE STORY home in Virginia Ridge Estates. This 4 bedroom features 2 full baths, 2 large living areas, huge master suite with separate shower, garden tub and big walk-in closet. The Kitchen is updated with new granite countertops, island and and breakfast bar. Fresh paint throughout the entire home. This pristine and well maintained home is move in ready!
Investor Tools
$427,326
Estimated Property Value
$188,736Estimated Mortgage Balance
$238,590Estimated Equity
55% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,564 /month
Positive
Cash Flow Estimate:
$855 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$822/month
$180/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,723
$427,326
2025
$120,000
$307,326
$427,326
No
Tax History
Year
Tax Paid
Assessed Value
2024
$7,723
$427,326
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Better Mortgage Corporation
Conventional
$213,750
No
First
May 18, 2020
Jun 2050
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$188,736
$238,590
55%
44%
$1,282/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,520/mo
$1,462/mo
+$2,058/mo
9.9%
