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

$1,006,741

NAL Estimated Property Value

4083 Fm 1461, McKinney, TX, 75071

Off MarketInfo
Baths2,689 Sq Ft
RanchRanch
Year BuiltBuilt in 1994

Highlights

Interior

Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size5.96 acres

Building Information

Year Built1994
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR-6838-000-0200-1
Lot Number20
SubdivisionJoel F Stewart Survey
Land UseResidential
Legal DescriptionABS A0838 JOEL F STEWART SURVEY, TRACT 20, 5.958 ACRES
Census Tract030301
Assessed Land Value$625,590
Assessed Improvement Value$381,151
Assessment Year2025

About this property

PRIME OPPORTUNITY ON LAUD HOWELL PARKWAY at DESIGNATED COMMERCIAL CENTER IN MCKINNEY NORTHRIDGE DISTRICT. Currently located in ETJ with more than 280' of frontage on Laud Howell Parkway with future connection to 75. Close proximity to Outer Loop, 380, Lake Forest and Preston Road. Value is in the land, but also includes a livable, rentable 4 bed, 2 bath home with 3 car garage, 30' x 40' shop with overhead door and 60' x 55' animal barn. Also if zoning allows run a office business in home with shop area previously used in a plumbing business. Close to nearby neighborhood developments Highland Lakes, Painted Tree and Aster Park.

Investor Tools

Property Icon
$1,006,741
Estimated Property Value
$782,041Estimated Mortgage Balance
$224,700Estimated Equity
22% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$42,000 /month
Positive
Cash Flow Estimate:
$14,000 /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
$892/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,676
$1,006,741
2025
$625,590
$381,151
$1,006,741
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,676
$1,006,741

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Angel Oak Mortgage Solutions Llc
Conventional
$850,000
No
First
Feb 28, 2022
Apr 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$782,041
$224,700
22%
78%
$5,097/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,520/mo
$5,097/mo
$-1,577/mo
4.2%

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...

4083 Fm 1461 | Property Details | No Agent List