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$394,270

NAL Estimated Property Value

4028 Tejas Dr, McKinney, TX, 75071

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,132 Sq Ft
price_per_sqft$168.81 / sqft
Year BuiltBuilt in 2007

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Oven, Electric Range, Microwave, Refrigerator
FlooringHardwood, Tile

Exterior

Exterior FeaturesOther

Building Information

Year Built2007
Stories1
Garage Spaces2

Land Information

APNR-8925-00D-0230-1
Lot Number23
SubdivisionPecan Ridge Estates Phase One (Cmc)
Land UseResidential
Legal DescriptionPECAN RIDGE ESTATES PHASE ONE (CMC), BLK D, LOT 23
Census Tract030701
Assessed Land Value$114,000
Assessed Improvement Value$280,270
Assessment Year2025

About this property

****Seller to contribute up to 2% in closing costs as allowable****Welcome to this stunning 4-bedroom, 3-bathroom, one-story home, offering the perfect blend of comfort and style. The spacious open floor plan is enhanced by elegant flooring, creating a warm and inviting atmosphere. The heart of the home is the gourmet kitchen, featuring stained cabinets, granite countertops, and stainless steel appliances—ideal for cooking and entertaining. Relax in the cozy living room with a fireplace, perfect for cooler evenings. The primary suite offers a private retreat with a well-appointed ensuite bathroom. One of the secondary bedrooms has its own private bathroom as well! Outside, enjoy the covered patio and fenced backyard, perfect for outdoor gatherings. Additional highlights include a front porch, attached garage, and ample storage throughout. Don’t miss the opportunity to make it yours! Schedule your private showing today!

Investor Tools

Property Icon
$394,270
Estimated Property Value
$342,432Estimated Mortgage Balance
$51,838Estimated Equity
13% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,366 /month
Positive
Cash Flow Estimate:
$789 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$751/month
$325/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,044
$394,270
2025
$114,000
$280,270
$394,270
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,044
$394,270

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocket Mortgage Llc
Conventional
$349,103
No
First
Apr 2, 2025
May 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$342,432
$51,838
13%
87%
$2,094/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,520/mo
$2,419/mo
+$1,101/mo
10.7%

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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4028 Tejas Dr | Property Details | No Agent List