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$550,000

4024 Explorer Way, McKinney, TX, 75071

On MarketInfo
Just AddedInfo
Beds4 Beds
Baths3 Bath
Baths2,211 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$248.76 / sqft
Year BuiltBuilt in 2024

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
AppliancesDishwasher, Disposal, Gas Cooktop, Microwave

Exterior

Lot Size6,273 sqft

Building Information

Year Built2024
Stories1
Garage Spaces2

Land Information

APNR-13049-00D-0250-1
Lot Number25
SubdivisionPainted Tree East Lakeside North
Land UseResidential Single Family
Legal DescriptionPAINTED TREE EAST LAKESIDE NORTH PHASE 1 (CMC), BLK D, LOT 25
Census Tract030605
Assessed Land Value$150,000
Assessed Improvement Value$432,862
Assessment Year2025

About this property

Absolutely gorgeous and impeccably upgraded, this home in McKinney’s sought-after Painted Tree community offers beautiful design, exceptional finishes, and effortless indoor-outdoor living. You will appreciate the thoughtful upgrades throughout, including engineered hardwood floors, designer lighting and ceiling fans, and elevated finishes in every space. The heart of the home is the stunning kitchen, featuring stainless steel appliances, a gas cooktop, separate oven and microwave, upgraded quartz countertops and backsplash, filtered water system at kitchen sink, and large island with beautiful waterfall-edges. The spacious pantry provides excellent storage, while the open-concept living and dining areas create the perfect setting for both everyday life and entertaining. The private primary suite features a beautiful bath and an oversized walk-in closet with an abundance of storage. Three additional bedrooms and two full baths offer plenty of space for family and guests, while the dedicated office provides a quiet and functional space for working from home.The upgrades continue in the garage, featuring epoxy flooring, overhead storgage, and a dedicated mini-split AC system—ideal for keeping the space comfortable year-round and perfect for hobbies, storage, or a workshop. Have added peace of mind with a whole house surge protector and lightning rod protection. Beyond the home, Painted Tree offers an exceptional lifestyle with miles of walking trails, community pools, playgrounds, and neighborhood events that make it easy to connect and enjoy the community. Step outside and enjoy your own private backyard oasis, complete with beautiful landscaping, extended patio, custom pavers, and an 8-foot splash pool approximately 3 feet deep with its own pool pump. It’s the perfect spot to relax and cool off on warm Texas days. Beautifully upgraded from top to bottom, this exceptional home offers everything you need in one of McKinney’s most desirable neighborhoods.

Investor Tools

$509,993Estimated Mortgage Balance
$72,869Estimated Equity
12% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,497 /month
Positive
Cash Flow Estimate:
$1,166 /month

Interested in this property?

Karen Cleveland

Astra Realty LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$951/month
$270/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,499
$582,862
2025
$150,000
$432,862
$582,862
No

Tax History

Year
Tax Paid
Assessed Value
2025
$8,499
$582,862

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Tri Pointe Connect Llc
Conventional
$528,152
No
First
Oct 28, 2024
Nov 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$509,993
$72,869
12%
87%
$3,167/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,520/mo
$3,437/mo
+$83/mo
7.2%

City: McKinney

4024 Explorer Way | Property Details | No Agent List