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$453,410

NAL Estimated Property Value

3637 Carmel Mountain Drive, McKinney, TX, 75070

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,206 Sq Ft
price_per_sqft$140.53 / sqft
Year BuiltBuilt in 2006

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 3Bathrooms 3
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Microwave, Gas Water Heater
FlooringCarpet, Ceramic Tile, Vinyl

Exterior

Exterior FeaturesRain Gutters

Building Information

Year Built2006
Stories2
Garage Spaces2

Land Information

APNR-8710-00V-0010-1
Lot Number1
SubdivisionCraig Ranch North Phase 7 (Cmc)
Land UseResidential
Legal DescriptionCRAIG RANCH NORTH PHASE 7 (CMC), BLK V, LOT 1
Census Tract030517
Assessed Land Value$143,750
Assessed Improvement Value$309,660
Assessment Year2025

About this property

MULTIPLE OFFERS-HIGHEST & BEST DUE BY 12 NOON, SUNDAY, JUNE 7. NO SHOWINGS SUNDAY. Meticulously maintained open flr plan on almost .25 acre w a LG bk yd, across from a lg grnbelt! Approx 18 X 10 cov patio overlks lovely landscaped bk yd. A stor shed is tucked behind the landscaping, & will remain! Lovely, luxury level, wide plank wd flring updates the entry, dining, & 1st level hallways. Island kit w granite, SS appliances, beautiful cabinetry, iron spindles, & more! UPDATED fence, w 2 gates, replaced 2018- 2019. Solar lights in fence posts illuminate the bk yd at night! Solar screens on all windows. Roof-2019. Hot water Htr- Approx 2018. 1st level Mstr Suite w sep vanites, lg shower & tub!

Investor Tools

Property Icon
$453,410
Estimated Property Value
$195,098Estimated Mortgage Balance
$258,312Estimated Equity
56% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,720 /month
Positive
Cash Flow Estimate:
$907 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$635/month
$588/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,357
$453,410
2025
$143,750
$309,660
$453,410
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,357
$453,410

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Planet Home Lending Llc
Conventional
$220,500
No
First
Jun 30, 2020
Jul 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$195,098
$258,312
56%
43%
$1,323/mo

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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3637 Carmel Mountain Drive | Property Details | No Agent List