Real opportunities. Driven by live market signals.
Updated every minute.

Browse Homes — Buy Direct, Deal on Your Terms

Updated Properties Icon
Updated Properties
Last 24 HoursLast 24 Hours
Street View of property
Street View

$618,040

408 Lake Weatherford, McKinney, TX, 75071

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths3,129 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$0.86 / sqft
Year BuiltBuilt in 2018

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 4Bathrooms Full 4
AppliancesDishwasher, Disposal, Gas Cooktop, Double Oven, Plumbed For Ice Maker, Refrigerator, Vented Exhaust Fan

Building Information

Year Built2018
Stories2
Garage Spaces2

Land Information

APNR-10941-00X-0580-1
Lot Number58
SubdivisionTrinity Falls Planning Unit 2 Phase 2
Land UseResidential
Legal DescriptionTRINITY FALLS PLANNING UNIT 2 PHASE 2, BLK X, LOT 58
Census Tract030202
Assessed Land Value$140,000
Assessed Improvement Value$478,040
Assessment Year2025

About this property

Cul De Sac location, across from green area, large backyard, outdoor living space, prewired media room. 4 bed 4 full bath plus study and media room, upstairs living space. Barely lived in, built 2018 by Plantation Homes. Double oven, 5 burners cooktop with pot filler. big island open to living room. plenty of windows and really private. Landlord pays for landscaping maintenance and quarterly pest service, about 1100 in value a year

Investor Tools

Property Icon
$618,040
Estimated Property Value
$412,871Estimated Mortgage Balance
$246,063Estimated Equity
33% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,708 /month
Positive
Cash Flow Estimate:
$1,236 /month

Interested in this property?

Run an Owner Lookup!

Unlock Owner Contacts

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$799/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,498
$618,040
2025
$140,000
$478,040
$618,040
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,498
$618,040

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Lakeview Community Capital Llc
Va
$412,871
Yes
First
Mar 19, 2021
Apr 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$371,977
$246,063
39%
60%
$2,476/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,520/mo
$2,476/mo
+$1,044/mo
6.8%

Learn About the Market: Opportunity in Texas

Local Market Pages
Local Market Pages 2Local Market Pages 3Local Market Pages 4

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

No Agent List Top Properties.

These are Deal List properties graded A+, A.

Loading properties...

Sold Properties

Loading properties...

408 Lake Weatherford | Property Details | No Agent List