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$305,000

3401 Ivy Glen Drive, McKinney, TX, 75071

$309,577 ARVInfo
Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,961 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$155.53 / sqft
Year BuiltBuilt in 1994

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2.5Bathrooms Full 2.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Double Oven, Electric Cooktop, Electric Oven, Electric Range, Ice Maker, Microwave, Plumbed For Ice Maker, Refrigerator, Vented Exhaust Fan, Electric Water Heater
FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesRain Gutters, Lighting, Private Yard, Storage

Building Information

Year Built1994
Stories2
Roof Type105
Garage Spaces2

Land Information

APNR-1992-00C-0130-1
Lot Number13
SubdivisionGlenwood Estates No 1 (Cmc)
Land UseResidential
Legal DescriptionGLENWOOD ESTATES NO 1 (CMC), BLK C, LOT 13
Census Tract030609
Assessed Land Value$126,500
Assessed Improvement Value$340,307
Assessment Year2025

About this property

Glenwood Estates home designed for entertaining and relaxing! Formal dining room with bay windows, kitchen updated with granite, island, back splash, artistic iron pantry door!Custom stone gas fireplace for a cozy winter holiday. Bedrooms up with desk-study area. 2nd Bath with walk in cave shower, rain shower head. Lush landscape, trees, perennials and rose garden. Enjoy an early morning sunrise on front stone patio, escape to the backyard barefoot on the St. Augustine, rest in the hammock under mature trees next to water wall surrounded by a new fence. AC in She Shed perfect for crafting or playroom. Insulated garage door, storage shelves and floored attic. See list of improvements made past two years.

Investor Tools

Property Icon
$466,807
Estimated Property Value
$0Estimated Mortgage Balance
$134,012Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$309,577
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,801 /month
Positive
Cash Flow Estimate:
$934 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$699/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,052
$466,807
2025
$126,500
$340,307
$466,807
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,052
$466,807

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Wells Fargo Bank Na
Va
$315,980
Yes
First
Oct 23, 2020
Nov 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$332,795
$134,012
28%
71%
$2,207/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,700/mo
$2,207/mo
+$493/mo
6.9%

Learn About the Market: Opportunity in Texas

Local Market Pages
Local Market Pages 2Local Market Pages 3Local Market Pages 4

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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