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
Gallery image 2
Gallery image 3
Gallery image 4
Gallery image 5

$870,000

4241 Waterstone Estates Dr, McKinney, TX, 75071

$1,131,000 ARVInfo
Under ContractInfo
Beds5 Beds
Baths4 Bath
Baths3,758 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$231.51 / sqft
Year BuiltBuilt in 2015

Property Lead Type:

ARV FlipAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms 3.5Bathrooms 3.5
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Microwave, Convection Oven, Double Oven, Vented Exhaust Fan
FlooringCarpet, Ceramic Tile, Hardwood, Tile, Wood

Exterior

Exterior FeaturesRain Gutters, Lighting, Private Yard
Lot Size1 acre

Building Information

Year Built2015
Stories2
Garage Spaces4

Land Information

APNR-8936-00C-0100-1
Lot Number10
SubdivisionWaterstone Estates Section I
Land UseResidential
Legal DescriptionWATERSTONE ESTATES SECTION I, BLK C, LOT 10
Census Tract030201
Assessed Land Value$250,000
Assessed Improvement Value$584,412
Assessment Year2025

About this property

MOTIVATED SELLER - MAKE AN OFFER! An incredible opportunity in Waterstone Estates! Recently appraised at **$959,000** and priced to sell at just $870,000, this exceptional home offers outstanding value. At only $231.51 per square foot—well below the neighborhood's current active average of approximately $305 per square foot—this is a rare chance to own in one of McKinney's most sought-after communities. Just 15 minutes from historic Downtown McKinney with no city taxes, this home blends luxury, functionality, and everyday comfort. The striking brick and stone façade welcomes you into a light-filled interior featuring gorgeous light oak hardwood floors, a dramatic two-story living room with soaring ceilings and a floor-to-ceiling brick fireplace, plus a private executive study with custom built-ins, a sliding barn door, and direct access to an above-ground tornado shelter and secure family safe room. The open-concept kitchen is designed for gathering with a large granite island, gas cooktop, double ovens, stainless steel appliances, and a spacious breakfast area overlooking the backyard. The primary suite offers tray ceilings, custom wainscoting, a spa-inspired bath with dual vanities, soaking tub, separate shower, and a custom walk-in closet. Upstairs you'll find a game room, loft workspace, and three generously sized secondary bedrooms. Additional highlights include a rare four-car garage with an EV charger and a beautifully designed utility room. Residents also enjoy access to a private lake, park, playground, and pavilion, completing the peaceful lifestyle Waterstone Estates is known for.

Investor Tools

$584,316Estimated Mortgage Balance
$284,117Estimated Equity
34% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$1,131,000
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,220 /month
Positive
Cash Flow Estimate:
$1,740 /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
$1,271/month
$925/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,927
$834,412
2025
$250,000
$584,412
$834,412
No

Tax History

Year
Tax Paid
Assessed Value
2024
$10,927
$834,412

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Jpmorgan Chase Bank Na
Credit Line (Revolving) / Heloc
$154,500
No
First
Mar 11, 2019
Apr 2049

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$584,316
$305,684
34%
67%
$3,973/mo

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...

4241 Waterstone Estates Dr | Property Details | No Agent List