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$442,439

NAL Estimated Property Value

3408 Smoke Tree Lane, McKinney, TX, 75070

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,147 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$174.66 / sqft
Year BuiltBuilt in 2003

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Microwave, Plumbed For Ice Maker, Gas Water Heater
FlooringCarpet, Ceramic Tile, Laminate

Exterior

Exterior FeaturesRain Gutters

Building Information

Year Built2003
Stories1
Garage Spaces2

Land Information

APNR-4749-00H-0130-1
Lot Number13
SubdivisionEldorado Heights Section Iii Phase Iv (C
Land UseResidential
Legal DescriptionELDORADO HEIGHTS SECTION III PHASE IV (CMC), BLK H, LOT 13
Census Tract030516
Assessed Land Value$120,000
Assessed Improvement Value$322,439
Assessment Year2025

About this property

This 3+ study w closet is pristinely kept w stylish customizations. Upgraded & all brick exterior w steep pitch gables & raised lot lend a great drive up. Combined formals create an open & showy entry. Tile walkways, wood laminate, upgraded fixtures & gas log FP. Island kitchen w beamed skylight, granite, 42in cabinets, SS appls. (gas avail), bar seating for 6 & corner pantry. Updated master w shiplap accent wall, dual closets, oversize walk-in shower, granite vanity, framed mirrors & custom linen cab. Stamped patterned concrete covered patio w brick columns, deep garage, brick & stone landscape beds. Community pools & parks. Seller building new home & requests closing before 8-20-2021 w a lease to 10-1-2021.

Investor Tools

Property Icon
$442,439
Estimated Property Value
$324,087Estimated Mortgage Balance
$118,352Estimated Equity
26% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,655 /month
Positive
Cash Flow Estimate:
$885 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$598/month
$350/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,969
$442,439
2025
$120,000
$322,439
$442,439
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,969
$442,439

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Keller Mortgage Llc
Conventional
$356,250
No
First
Aug 6, 2021
Sep 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$324,087
$118,352
26%
73%
$2,136/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,190/mo
$2,486/mo
+$704/mo
8.7%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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.

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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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3408 Smoke Tree Lane | Property Details | No Agent List