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$390,694

NAL Estimated Property Value

3307 Palmtree Dr, McKinney, TX, 75070

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,860 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$197.85 / sqft
Year BuiltBuilt in 1995

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
AppliancesDishwasher, Disposal, Electric Range, Gas Water Heater, Microwave, Refrigerator, Vented Exhaust Fan
FlooringCarpet, Ceramic Tile, Vinyl, Wood

Exterior

Exterior FeaturesRain Gutters

Building Information

Year Built1995
Stories1
Garage Spaces2

Land Information

APNR-3103-00G-0150-1
Lot Number15
SubdivisionEldorado Heights Phase A1 (Cmc)
Land UseResidential
Legal DescriptionELDORADO HEIGHTS PHASE A1 (CMC), BLK G, LOT 15
Census Tract030549
Assessed Land Value$115,000
Assessed Improvement Value$275,694
Assessment Year2025

About this property

**MULTIPLE OFFERS RECEIVED - HIGHEST AND BEST OFFERS DUE SUNDAY, FEB. 8th by NOON** Dreaming of a cozy space to call your own or the perfect spot to simplify your lifestyle? This charming home checks all the boxes! Featuring stylish light wood floors and walls of windows, every corner is bathed in natural light, creating a warm, welcoming vibe. The layout is as functional as it is beautiful, featuring spacious living areas, a versatile office or playroom, and a dining room perfect for hosting. The kitchen is super functional, boasting an island, an eat-in breakfast nook, and an open flow into the oversized living room—complete with serene views of the large backyard and covered patio. The private primary suite is a personal retreat, offering an ensuite bath with a garden tub, a separate shower, and a roomy walk-in closet. The split secondary bedroom wing ensures everyone has their own space, with easy access to a full-sized utility room and large bathroom. Located just minutes from fantastic restaurants, shopping, major highways, and top-notch schools, this home blends comfort, style, and convenience in one irresistible package. Well-maintained but price to offer room for your personal design style enhancements! Great opportunity to flip or hold as rental, too. NO SURVEY is Available - Buyer to purchase new survey.

Investor Tools

Property Icon
$390,694
Estimated Property Value
$356,169Estimated Mortgage Balance
$34,525Estimated Equity
8% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,344 /month
Positive
Cash Flow Estimate:
$781 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$284/month
$200/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,452
$390,694
2025
$115,000
$275,694
$390,694
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,452
$390,694

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Ark-La-Tex Financial Services Llc
Stand Alone First / Home Equity First Lien
$357,200
No
First
Mar 4, 2026
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$356,169
$34,525
8%
91%
$2,142/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,440/mo
$2,342/mo
+$98/mo
7.5%

City: McKinney

3307 Palmtree Dr | Property Details | No Agent List