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$526,237

NAL Estimated Property Value

401 Clear Springs Court, McKinney, TX, 75072

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,807 Sq Ft
price_per_sqft$119.34 / sqft
Year BuiltBuilt in 2006

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2.5Bathrooms Full 2.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Microwave
FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesRain Gutters

Building Information

Year Built2006
Stories2
Garage Spaces2

Land Information

APNR-8038-00E-0300-1
Lot Number30
SubdivisionSummit At Westridge The (Cmc)
Land UseResidential
Legal DescriptionSUMMIT AT WESTRIDGE, THE (CMC), BLK E, LOT 30
Census Tract030539
Assessed Land Value$129,675
Assessed Improvement Value$396,562
Assessment Year2025

About this property

PRICE IMPROVEMENT! Motivated Seller- bring your offers! New updates in 2020: 2 HVAC units, water heater and microwave! Low backyard maintenance, no next door neighbors! Exemplary Frisco ISD schools, walking distance to the gym and local grocery store, and many more… Downstairs master suite and private wood flooring with French doors office. Upstairs 3 split bedrooms, jack and jill bath, large game area and nice media room-projector and screen. Entertaining chef's kitchen, large island, granite counters, wood flooring family room. Pictures have been conveniently virtually staged!!

Investor Tools

Property Icon
$526,237
Estimated Property Value
$277,446Estimated Mortgage Balance
$248,791Estimated Equity
47% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,157 /month
Positive
Cash Flow Estimate:
$1,052 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$768/month
$545/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,589
$526,237
2025
$129,675
$396,562
$526,237
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,589
$526,237

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Synergy One Lending
Conventional
$310,400
No
First
Nov 19, 2020
Dec 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$277,446
$248,791
47%
53%
$1,862/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,020/mo
$2,407/mo
+$613/mo
6.9%

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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401 Clear Springs Court | Property Details | No Agent List