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$805,000

4282 Lake Shore Drive, McKinney, TX, 75071

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths3,328 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$241.89 / sqft
Year BuiltBuilt in 2017

Property Lead Type:

Off-Market ListHigh EquityCash Buyers

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Microwave, Double Oven, Tankless Water Heater
FlooringSee Remarks

Exterior

Exterior FeaturesRain Gutters
Lot Size1 acre

Building Information

Year Built2016
Stories2
Garage Spaces3

Land Information

APNR-9280-00C-0440-1
Lot Number44
SubdivisionWaterstone Estates Section Ii
Land UseResidential
Legal DescriptionWATERSTONE ESTATES SECTION II, BLK C, LOT 44
Census Tract030201
Assessed Land Value$250,000
Assessed Improvement Value$713,897
Assessment Year2025

About this property

Exquisite & modern country retreat will WOW you! Situated on a sprawling 1 acre lot in the exclusive 680 acre gated community of Waterstone Estates, this home has been entirely updated! From the brand new fence, to the porcelain tile flooring throughout (NO CARPET!) to the tankless on demand water heater. Featuring 2 bdrms down, 2 up, quartzite accent walls, quartz counters, romantic electric fireplace, updated lighting, sweeping industrial staircase rail, European custom blinds, epoxy garage floor, water filtration system, surround sound. All bathrooms are stunning & unique; Luxurious master bathtub is perfect for a relaxing bath! A media room that is better than going to the movies! Brand new 4x8 above ground F5 rated tornado shelter located in a bump out in 3rd garage will bring peace of mind to your family! Cov back patio allows views of your 1 acre level lot that will allow perfectly for a pool! Enjoy NO MUD, NO PID and NO city taxes; low tax rate! Lush surroundings. McKinney ISD.

Investor Tools

Property Icon
$963,897
Estimated Property Value
$0Estimated Mortgage Balance
$963,897Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,783 /month
Positive
Cash Flow Estimate:
$1,928 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,174/month
$1,550/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,270
$963,897
2025
$250,000
$713,897
$963,897
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,270
$963,897

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$963,897
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,520/mo
$1,550/mo
+$1,970/mo
4.4%

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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