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$499,900

$503,000

3340 Sorghum Way, McKinney, TX, 75071

$533,507 ARVInfo
On MarketInfo
Price DropInfo
Beds3 Beds
Baths3 Bath
Baths2,651 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$188.57 / sqft
Year BuiltBuilt in 2023

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
AppliancesDishwasher, Disposal, Gas Cooktop, Microwave, Vented Exhaust Fan, Water Softener

Building Information

Year Built2022
Stories2
Garage Spaces2

Land Information

APNR-12360-00R-0060-1
Lot Number6
SubdivisionErwin Farms Phase 3 (Cmc)
Land UseResidential
Legal DescriptionERWIN FARMS PHASE 3 (CMC), BLK R, LOT 6
Census Tract030307
Assessed Land Value$130,500
Assessed Improvement Value$415,414
Assessment Year2025

About this property

Location, convenience, and value come together in this beautifully maintained home in Erwin Farms! Ideally located just minutes from Highway 75 and Highway 380, you’ll enjoy quick access to Costco, Target, shopping, dining, and everyday conveniences while still coming home to a quiet, established neighborhood. Even better, this home has NO PID and NO MUD taxes, helping keep your monthly payment lower than many newer communities. Residents also enjoy access to the neighborhood pool and park, making it easy to relax and enjoy the community. Home also comes with a water softener for the whole house and a RO water purifier on the kitchen sink which is such a nice upgrade! Inside, the open-concept floor plan offers comfortable everyday living with the primary suite and a secondary bedroom conveniently located on the first floor. Upstairs features a spacious game room, an additional bedroom, and a full bath—perfect for guests, a teenager’s retreat, or a private workspace. Thoughtful features include a mudroom, an oversized laundry room with abundant storage, a built-in workstation for working from home or homework, and an oversized garage with even more storage space. Step outside to the covered patio, an inviting place to enjoy your morning coffee or entertain friends and family. If you’ve been looking for a home that offers an unbeatable McKinney location, highly rated McKinney ISD, neighborhood amenities, and the added savings of no PID or MUD taxes, this one deserves a spot at the top of your list. Don’t miss your chance to call this one home!

Investor Tools

$417,689Estimated Mortgage Balance
$140,493Estimated Equity
26% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$533,506
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,336 /month
Positive
Cash Flow Estimate:
$1,112 /month

Interested in this property?

Karen Cleveland

Astra Realty LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$933/month
$264/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,416
$545,914
2025
$130,500
$415,414
$545,914
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,416
$545,914

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Pulte Mortgage Llc
Conventional
$443,532
No
First
Mar 23, 2023
Apr 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$417,689
$152,311
26%
75%
$2,660/mo

City: McKinney

3340 Sorghum Way | Property Details | No Agent List