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$470,730

NAL Estimated Property Value

3708 Smoke Tree Ln, McKinney, TX, 75070

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths2,585 Sq Ft
price_per_sqft$181.43 / sqft
Year BuiltBuilt in 2001

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2.5Bathrooms Full 2.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Cooktop, Electric Oven, Refrigerator
FlooringCarpet, Wood

Building Information

Year Built2001
Stories2
Garage Spaces1

Land Information

APNR-4399-00I-0250-1
Lot Number25
SubdivisionEldorado Heights Section Iii Phase Vi (C
Land UseResidential
Legal DescriptionELDORADO HEIGHTS SECTION III PHASE VI (CMC), BLK I, LOT 25
Census Tract030516
Assessed Land Value$120,000
Assessed Improvement Value$350,730
Assessment Year2025

About this property

Beautiful east-facing two-story home in picturesque McKinney. The home boasts four bedrooms and three and a half bathrooms. The kitchen and master bathroom have been recently remodeled to round out this home's appeal. Other upgrades include custom wood blinds, hardwood flooring throughout the downstairs, new interior and exterior paint, two new HVAC units, and recently replaced 30-year roof! Spend your evenings relaxing in the carefully manicured backyard retreat or kick back for a good movie in the upstairs media room. Super-accessible, within short distance to Highway 121, I-75, and the DNT. The community of Eldorado Heights awaits you!

Investor Tools

Property Icon
$470,730
Estimated Property Value
$299,016Estimated Mortgage Balance
$171,714Estimated Equity
36% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,824 /month
Positive
Cash Flow Estimate:
$941 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$786/month
$350/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,074
$470,730
2025
$120,000
$350,730
$470,730
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,074
$470,730

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Regions Bank
Conventional
$325,000
No
First
Feb 10, 2022
Feb 2048

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$299,016
$171,714
36%
64%
$1,949/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,440/mo
$2,299/mo
+$141/mo
6.2%

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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3708 Smoke Tree Ln | Property Details | No Agent List