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$754,000

NAL Estimated Property Value

4000 Cherokee Drive, McKinney, TX, 75072

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths3,307 Sq Ft
price_per_sqft$157.21 / sqft
Year BuiltBuilt in 2014

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Range, Microwave, Refrigerator
FlooringCarpet, Ceramic Tile

Exterior

Private PoolPrivate Pool

Building Information

Year Built2014
Stories2
Garage Spaces3

Land Information

APNR-9644-00A-0070-1
Lot Number7
SubdivisionSpring Lake Estates Phase Ib (Cmc)
Land UseResidential
Legal DescriptionSPRING LAKE ESTATES PHASE IB (CMC), BLK A, LOT 7
Census Tract030545
Assessed Land Value$154,000
Assessed Improvement Value$423,610
Assessment Year2025

About this property

FABULOUS, IMMACULATE ONE OF A KIND CUSTOM HOME built in 2014. Corner cul de sac lot. Light & bright interior with soaring ceilings features oversized Great Room, Enormous Gourmet Kitchen, 8’X7’ island, large walk in pantry. Frigidaire Gallery appliances: convection oven, wine cooler & warming drawer. Flexible, spacious open floorplan has master +2 bedrooms on 1st floor. 4th bedroom 17X15 on 2nd floor is flex space; media, guest area, or game room. Stunning fully landscaped yard backs to mature tree line and has 4 separate areas; large covered patio with stone patio-arbor. Relax in private above ground heated spa. Garden-storage shed. 65X30 separate huge lower yard for kids-pets. Oversized 3.5 car garage.

Investor Tools

Property Icon
$754,000
Estimated Property Value
$482,960Estimated Mortgage Balance
$271,040Estimated Equity
35% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,524 /month
Positive
Cash Flow Estimate:
$1,508 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$994/month
$244/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,159
$577,610
2025
$154,000
$423,610
$577,610
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,159
$577,610

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Quicken Loans Llc
Va
$539,246
Yes
First
Dec 11, 2020
Jan 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$482,960
$271,040
35%
64%
$3,234/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,020/mo
$3,478/mo
$-458/mo
4.8%

City: McKinney

4000 Cherokee Drive | Property Details | No Agent List