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$746,216

NAL Estimated Property Value

4357 County Road 408, McKinney, TX, 75071

$970,081 ARVInfo
Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,619 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$190.91 / sqft
Year BuiltBuilt in 1996

Property Lead Type:

Off-Market ListARV FlipAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2.5Bathrooms Full 2.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Microwave, Plumbed For Ice Maker
FlooringCeramic Tile, Wood

Exterior

Exterior FeaturesRain Gutters
Lot Size3.82 acres

Building Information

Year Built1996
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR-6166-001-2040-1
Lot Number204
SubdivisionDavid Cherry Survey
Land UseResidential
Legal DescriptionABS A0166 DAVID CHERRY SURVEY, SHEET 1, TRACT 204, 3.817 ACRES
Census Tract031003
Assessed Land Value$313,251
Assessed Improvement Value$432,965
Assessment Year2025

About this property

Hard to find single story home offering country living close to the city! 3.81 acres of scenic treed land with pond. This updated home has mostly wood floors, no carpet. Split mother in law wing includes bedroom with private bath & den (could be used as office). Scenic views from almost every room. Versatile open floor plan with lots of light. Huge back porch, 2 car garage plus 2 car carport, room for RV parking, workshop with electricity & a storm shelter. Fenced off horse pasture & the chicken coops are already there. Roof 2014,AC 2016. No HOA so freedom to do what you want. Tranquil, peaceful living yet convenient to 380 & close enough to highways making going to work a breeze. Don't let this one get away!

Investor Tools

Property Icon
$746,216
Estimated Property Value
$625,613Estimated Mortgage Balance
$120,603Estimated Equity
16% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$970,081
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,477 /month
Positive
Cash Flow Estimate:
$1,492 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,011/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,404
$746,216
2025
$313,251
$432,965
$746,216
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,404
$746,216

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Sfmc Lp
Conventional
$464,823
No
First
Jul 25, 2019
Aug 2049

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$625,613
$120,603
16%
84%
$4,271/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,700/mo
$4,271/mo
$-1,571/mo
4.3%

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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4357 County Road 408 | Property Details | No Agent List