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$596,000

NAL Estimated Property Value

3708 Cameroon Ln, McKinney, TX, 75071

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths3,243 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$118.72 / sqft
Year BuiltBuilt in 2016

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Plumbed For Ice Maker, Gas Water Heater
FlooringCarpet, Ceramic Tile

Exterior

Exterior FeaturesRain Gutters
Lot Size6,000 sqft

Building Information

Year Built2016
Stories2
Garage Spaces2

Land Information

APNR-10880-00E-0110-1
Lot Number11
SubdivisionErwin Farms Phase 1 (Cmc)
Land UseResidential
Legal DescriptionERWIN FARMS PHASE 1 (CMC), BLK E, LOT 11
Census Tract030307
Assessed Land Value$145,000
Assessed Improvement Value$441,720
Assessment Year2025

About this property

Like new without the wait! This open floor plan features wood look tile throughout the 1st floor living areas and all baths, tons of storage, and a study. Kitchen boasts granite counters, large island, stainless steel appliances, gas range and is open to the living room with a corner gas fireplace. Workstation off of living can be used as an extra study. Master has an ensuite with dual sinks, garden tub, separate shower with bench, and large walk in closet with custom shelving. Master, guest rm and 2 full baths down. Upstairs features game room, media room, 2 beds, and 1 full bath. Minutes away from Hwy 75, historic dwntwn, this master-planned community features walking trails, pool, and a community cntr.

Investor Tools

Property Icon
$596,000
Estimated Property Value
$273,637Estimated Mortgage Balance
$322,363Estimated Equity
54% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,576 /month
Positive
Cash Flow Estimate:
$1,192 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$901/month
$845/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,837
$586,720
2025
$145,000
$441,720
$586,720
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,837
$586,720

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Sfmc Lp
Conventional
$308,000
No
First
Aug 19, 2020
Sep 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$273,637
$322,363
54%
46%
$1,847/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,520/mo
$2,692/mo
+$828/mo
7.1%

City: McKinney

3708 Cameroon Ln | Property Details | No Agent List