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$1,188,000

NAL Estimated Property Value

4184 Lake Shore Dr, McKinney, TX, 75071

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths3,564 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$336.7 / sqft
Year BuiltBuilt in 2020

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2.5Bathrooms Full 2.5
AppliancesBuilt-In Gas Range, Dishwasher, Disposal, Gas Water Heater, Microwave, Convection Oven, Double Oven, Refrigerator
FlooringCarpet, Ceramic Tile, Hardwood

Exterior

Private PoolPrivate Pool
Exterior FeaturesRain Gutters, Outdoor Kitchen, Outdoor Grill
Lot Size1 acre

Building Information

Year Built2019
Stories1
Garage Spaces3

Land Information

APNR-9280-00C-0490-1
Lot Number49
SubdivisionWaterstone Estates Section Ii
Land UseResidential
Legal DescriptionWATERSTONE ESTATES SECTION II, BLK C, LOT 49
Census Tract030201
Assessed Land Value$250,000
Assessed Improvement Value$846,363
Assessment Year2025

About this property

Experience luxury country living in this highly upgraded one-story home nestled on a stunning one-acre lot in an exclusive gated acreage community in McKinney. Designed for both everyday comfort and exceptional entertaining, this home features a resort-style backyard with a luxurious swimming pool surrounded by a striking cactus garden, expansive covered patio, built-in outdoor kitchen, and dramatic wall slider doors that create seamless indoor-outdoor living. Inside, the spacious open-concept floor plan is highlighted by soaring vaulted beamed ceilings, designer finishes, and upgrades at every turn. The chef’s kitchen is a true showpiece with a commercial-grade gas range, convection oven, abundant prep space, and premium craftsmanship throughout. Split bedrooms offer privacy, while the functional flow is perfect for both daily living and hosting guests. A North South elevation and large windows help keep you comfortable all year round while enjoying your breathtaking views! Located outside city limits, this gated neighborhood offers the rare advantage of acreage living with valuable tax-saving benefits—all while being just minutes from the conveniences of McKinney. A truly exceptional property with more upgrades than can be listed!

Investor Tools

Property Icon
$1,188,000
Estimated Property Value
$459,171Estimated Mortgage Balance
$728,829Estimated Equity
61% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$7,200 /month
Positive
Cash Flow Estimate:
$2,400 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,468/month
$975/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$11,672
$1,096,363
2025
$250,000
$846,363
$1,096,363
No

Tax History

Year
Tax Paid
Assessed Value
2024
$11,672
$1,096,363

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Integrity Mortgage Corporation Of Texas
Conventional
$500,000
No
First
Feb 16, 2022
Mar 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$459,171
$728,829
61%
39%
$2,998/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,520/mo
$3,973/mo
$-453/mo
3.6%

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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4184 Lake Shore Dr | Property Details | No Agent List