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B+
NoAgentList RatingHow are grades calculated?Info

$417,255

NAL Estimated Property Value

3816 Chelsea Dr, McKinney, TX, 75070

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,704 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$261.15 / sqft
Year BuiltBuilt in 2001

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Range, Gas Water Heater, Microwave
FlooringCeramic Tile, Laminate

Exterior

Exterior FeaturesRain Gutters, Lighting, Private Yard, Uncovered Courtyard, Other

Building Information

Year Built2001
Stories1
Garage Spaces2

Land Information

APNR-4764-00F-0260-1
Lot Number26
SubdivisionEldorado Heights Section Ii Phase Vii-B
Land UseResidential
Legal DescriptionELDORADO HEIGHTS SECTION II PHASE VII-B (CMC), BLK F, LOT 26
Census Tract030515
Assessed Land Value$120,000
Assessed Improvement Value$297,255
Assessment Year2025

About this property

Welcome home! Gorgeous one-story 3 bed 2 bath 2 car attached garage home in McKinney's sought-out Eldorado Heights! Location is everything. Great floor plan with privacy split bedrooms and lots of natural light. Completely remodeled from top to bottom, open space flow and kitchen! New granite countertops throughout the home and no carpet anywhere! Home features a waterproof laminate floor and ceramic tile. Custom and all-new lighting and plumbing fixtures! New stainless steel kitchen appliances. New cabinets throughout. Epoxy flooring finish in garage. New 8 foot privacy wood fence in the backyard with a pergola, lots of room to play and run in a huge backyard. Master bathroom has been completely redone, featuring large walk-in shower and separate garden tub. Fantastic location near Lake Forest Dr & Hwy 121, near everything, entertainment, parks, restaurants, and schools, only 4 miles from Craig Ranch. We have the survey available. You won't want to miss out on this beauty! Hurry.

Investor Tools

Property Icon
$417,255
Estimated Property Value
$406,705Estimated Mortgage Balance
$10,550Estimated Equity
2% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,670 /month
Positive
Cash Flow Estimate:
$890 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$684/month
$350/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,124
$417,255
2025
$120,000
$297,255
$417,255
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,124
$417,255

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cathay Bank
Unknown
$426,750
No
First
Oct 11, 2023
Nov 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$406,705
$10,550
2%
97%
$2,559/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,440/mo
$2,909/mo
$-469/mo
7.0%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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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3816 Chelsea Dr | Property Details | No Agent List