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$547,786

NAL Estimated Property Value

3404 Ridge Lily Ln, McKinney, TX, 75071

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,815 Sq Ft
price_per_sqft$140.32 / sqft
Year BuiltBuilt in 2005

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2.5Bathrooms Full 2.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Double Oven, Electric Oven, Gas Cooktop, Microwave, Plumbed For Ice Maker, Refrigerator, Vented Exhaust Fan, Gas Water Heater
FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesRain Gutters

Building Information

Year Built2004
Stories2
Garage Spaces2

Land Information

APNR-8553-00W-0230-1
Lot Number23
SubdivisionRobinson Ridge Phase 1 (Cmc)
Land UseResidential
Legal DescriptionROBINSON RIDGE PHASE 1 (CMC), BLK W, LOT 23
Census Tract030301
Assessed Land Value$170,100
Assessed Improvement Value$377,686
Assessment Year2025

About this property

2 story home w private backyard backing to Corp of Eng greenbelt & creek. This Paul Taylor built home features fabulous fully remolded kitchen w Carrara bksplash, quartz countertps, custom built-in quartz table w power outlets, open shelving, custom cabinets w soft-close & pull-out shelves, pot drawers, coffee-wine bar, and all SS Bosch appl, inc dbl ovens, 5-burner gas cooktop, vent hood, microwave-convection oven, dshwsher & fridge. First floor boasts eng wood floors, office, formal dining and views of greenbelt from kitchen, living rm & master. Second floor w all fresh carpet and paint (March 2021). Enjoy serene greenbelt setting year round from 14x12 screened porch or 26x13 open deck.

Investor Tools

Property Icon
$547,786
Estimated Property Value
$299,702Estimated Mortgage Balance
$248,084Estimated Equity
45% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,287 /month
Positive
Cash Flow Estimate:
$1,096 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$911/month
$577/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,194
$547,786
2025
$170,100
$377,686
$547,786
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,194
$547,786

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Conventional
$332,000
No
First
Apr 13, 2021
May 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$299,702
$248,084
45%
55%
$1,991/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,520/mo
$2,568/mo
+$952/mo
7.7%

City: McKinney

3404 Ridge Lily Ln | Property Details | No Agent List