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$424,452

NAL Estimated Property Value

3412 Cherry Blossom Lane, McKinney, TX, 75070

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,765 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$155.81 / sqft
Year BuiltBuilt in 1999

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
AppliancesDishwasher, Disposal, Gas Cooktop, Microwave, Plumbed For Ice Maker, Refrigerator
FlooringCeramic Tile

Exterior

Exterior FeaturesRain Gutters

Building Information

Year Built1999
Stories1
Garage Spaces2

Land Information

APNR-3828-00Q-0200-1
Lot Number20
SubdivisionEldorado Heights Section Ii Phase Viii (
Land UseResidential
Legal DescriptionELDORADO HEIGHTS SECTION II PHASE VIII (CMC), BLK Q, LOT 20
Census Tract030515
Assessed Land Value$136,500
Assessed Improvement Value$287,952
Assessment Year2025

About this property

***MULTIPLE OFFERS RECEIVED. PLEASE SUBMIT HIGHEST & BEST BY 7PM, FRIDAY, AUGUST 14TH.*** Welcome to your new home on a cul de sac street in the heart of McKinney. Enjoy the fresh features of a newly updated home at a stellar price. Updates include floor to ceiling paint, durable LVP wood looking floors, updated lighting fixtures!! Your flex space upon entry could be used as a formal dining or an at-home office. White painted cabinets give ample storage space in the kitchen and pop against the modern backsplash. Your bright living area boasts a freshly painted fireplace with windows to the backyard. This spacious backyard with mature trees is a unique treasure to enjoy from the covered back patio.

Investor Tools

Property Icon
$424,452
Estimated Property Value
$89,024Estimated Mortgage Balance
$335,428Estimated Equity
79% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,547 /month
Positive
Cash Flow Estimate:
$849 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$425/month
$350/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,978
$424,452
2025
$136,500
$287,952
$424,452
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,978
$424,452

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Greatwall Inc
Conventional
$100,000
No
First
Sep 17, 2020
Oct 2045

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$89,024
$335,428
79%
21%
$600/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,440/mo
$950/mo
+$1,490/mo
6.9%

City: McKinney

3412 Cherry Blossom Lane | Property Details | No Agent List