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$385,000

3404 Ivy Glen Dr, McKinney, TX, 75071

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,902 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$202.42 / sqft
Year BuiltBuilt in 1994

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2.5Bathrooms Full 2.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Gas Water Heater, Microwave
FlooringCarpet, Vinyl

Building Information

Year Built1994
Stories2
Roof Type105
Garage Spaces2

Land Information

APNR-1992-00B-0150-1
Lot Number15
SubdivisionGlenwood Estates No 1 (Cmc)
Land UseResidential
Legal DescriptionGLENWOOD ESTATES NO 1 (CMC), BLK B, LOT 15
Census Tract030609
Assessed Land Value$115,000
Assessed Improvement Value$280,148
Assessment Year2025

About this property

Nestled in one of McKinney's preferred neighborhoods, this charming 3-bedroom, 2-bathroom home presents an exceptional opportunity for buyers with vision. Spanning 1,902 square feet, this property is a blank canvas waiting to be transformed into your dream residence. Whether you're a savvy investor or a homeowner eager to add personal touches, this home offers tremendous renovation potential. The generous floor plan provides ample space to reimagine layouts, upgrade finishes, and create a living environment tailored perfectly to your lifestyle. With solid bones and a functional design, the possibilities are truly endless. What truly sets this property apart is its exceptional neighborhood positioning. Just steps away from Mary Will Craig Park, you'll enjoy easy access to green spaces, walking trails, and outdoor recreation. The surrounding area boasts an impressive selection of dining establishments and retail destinations, ensuring convenience is always within reach. Commuters will appreciate the proximity to Highway 75 Central and Highway 380, making travel throughout the DFW metroplex effortless. Plus, the charm of historic downtown McKinney—with its boutique shops, acclaimed restaurants, and vibrant community events—lies just minutes away.

Investor Tools

Property Icon
$395,148
Estimated Property Value
$351,140Estimated Mortgage Balance
$45,021Estimated Equity
11% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,371 /month
Positive
Cash Flow Estimate:
$790 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$719/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,649
$395,148
2025
$115,000
$280,148
$395,148
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,649
$395,148

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guaranteed Rate Inc
Unknown
$351,140
No
First
Mar 31, 2026
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$350,127
$45,021
11%
89%
$2,106/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,700/mo
$2,106/mo
+$594/mo
8.2%

Learn About the Market: Opportunity in Texas

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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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3404 Ivy Glen Dr | Property Details | No Agent List