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$551,389

NAL Estimated Property Value

412 Lake Weatherford, McKinney, TX, 75071

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,227 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$255.05 / sqft
Year BuiltBuilt in 2018

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
AppliancesBuilt-In Gas Range, Dishwasher, Disposal, Dryer, Electric Oven, Gas Range, Microwave, Refrigerator, Tankless Water Heater, Washer
FlooringCarpet, Simulated Wood, Tile

Building Information

Year Built2018
Stories1
Garage Spaces3

Land Information

APNR-10941-00X-0590-1
Lot Number59
SubdivisionTrinity Falls Planning Unit 2 Phase 2
Land UseResidential
Legal DescriptionTRINITY FALLS PLANNING UNIT 2 PHASE 2, BLK X, LOT 59
Census Tract030202
Assessed Land Value$140,000
Assessed Improvement Value$411,389
Assessment Year2025

About this property

Wonderful 1 story home with tons of upgrades is located on a cul-de-sac, over a quarter acre it is located near a greenbelt. House features 3 car garage (22x31), 4 bedrooms which includes a secondary primary suite that could be utilized as a mother- in- law suite with ensuite bathroom. The kitchen features a large granite island, farmhouse sink, engineered HW floors, wine bar, built-in cabinets in dining, living room.  Office is currently used as a playroom that was recently painted and has crown molding, built in desks and new carpet. Back patio added for outside entertaining.  Amenities include community pools, miles of running trails, streams and ponds, a disc golf course and is located near the new dog park. All information deemed reliable, but not guaranteed. Buyer and buyer rep to confirm all information and school zone. (2020) Large cedar pergola, lattice privacy wall & stamped concrete patio.

Investor Tools

Property Icon
$551,389
Estimated Property Value
$369,806Estimated Mortgage Balance
$181,583Estimated Equity
32% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,408 /month
Positive
Cash Flow Estimate:
$1,136 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$601/month
$351/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,458
$551,389
2025
$140,000
$411,389
$551,389
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,458
$551,389

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cmg Mortgage Inc
Conventional
$390,000
No
First
Jul 7, 2023
Aug 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$369,806
$181,583
32%
67%
$2,339/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,520/mo
$2,690/mo
+$830/mo
7.7%

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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412 Lake Weatherford | Property Details | No Agent List