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$575,000

NAL Estimated Property Value

3601 Limousine Parkway, McKinney, TX, 75071

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,841 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$211.19 / sqft
Year BuiltBuilt in 2016

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
AppliancesElectric Oven, Gas Cooktop
FlooringCarpet, Ceramic Tile, Hardwood

Exterior

Exterior FeaturesRain Gutters
Lot Size9,968 sqft

Building Information

Year Built2016
Stories2
Garage Spaces2

Land Information

APNR-10880-00D-0240-1
Lot Number24
SubdivisionErwin Farms Phase 1 (Cmc)
Land UseResidential
Legal DescriptionERWIN FARMS PHASE 1 (CMC), BLK D, LOT 24
Census Tract030307
Assessed Land Value$159,500
Assessed Improvement Value$409,469
Assessment Year2025

About this property

Step into refined living in this beautifully maintained 4-bedroom, 3-bath luxurious Pulte home, that perfectly blends high-end comfort with modern functionality. Located in the highly sought-after Erwin Farms community in McKinney, TX, this spacious residence offers a thoughtfully designed layout ideal for relaxation, entertaining, and multigenerational living. The heart of the home features a spacious living room and a chef-inspired kitchen with an oversized natural granite island, perfect for buffet-style gatherings. The first floor includes both the primary and a secondary bedroom, a dedicated office, and a bonus workspace near the kitchen—a signature Pulte touch that adds valuable flexibility. The primary suite is a true retreat, featuring French doors, a spa-inspired ensuite bathroom with a natural granite bench seat in the walk-in shower, double sinks with granite countertops, and a generous walk-in closet offering optimal storage. Just off the garage, a well-sized mudroom adds convenience to your daily routine. Upstairs, you’ll find two bedrooms with large closets and extra storage, as well as an oversized game or family room which is perfect for movie nights, billiards, or casual entertaining. Additional highlights include: Formal dining room with a stunning chandelier, Aquasana whole-home water filtration system Natural hardwood floors and stone tile throughout, a laundry room with storage space under the stairs A spacious backyard, ideal for your future pool, spa, greenhouse, or outdoor kitchen Located just minutes from Highways 380 and 75, you’ll enjoy convenient access to top-rated schools, shopping centers, restaurants, and all the essentials. Warm, welcoming, and full of thoughtful upgrades—this is a home you don’t want to miss. Schedule a private tour today! This home has an assumable rate of 3.375

Investor Tools

Property Icon
$575,000
Estimated Property Value
$283,019Estimated Mortgage Balance
$291,981Estimated Equity
50% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,600 /month
Positive
Cash Flow Estimate:
$1,200 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$773/month
$250/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,401
$568,969
2025
$159,500
$409,469
$568,969
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,401
$568,969

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Lakeview Loan Servicing Llc
Fha
$307,045
Yes
First
Mar 23, 2022
Apr 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$283,019
$291,981
50%
49%
$1,841/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,520/mo
$2,091/mo
+$1,429/mo
7.3%

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.

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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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3601 Limousine Parkway | Property Details | No Agent List