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$949,000

4374 Lake Shore Dr, McKinney, TX, 75071

On MarketInfo
Beds3 Beds
Baths3 Bath
Baths3,293 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$288.19 / sqft
Year BuiltBuilt in 2015

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 3Bathrooms 3
AppliancesDishwasher, Disposal, Gas Cooktop, Gas Water Heater, Microwave, Other
FlooringCarpet, Ceramic Tile, Hardwood

Exterior

Exterior FeaturesRain Gutters, Lighting, Private Yard
Lot Size1 acre

Building Information

Year Built2015
Stories2
Garage Spaces2

Land Information

APNR-9280-00C-0400-1
Lot Number40
SubdivisionWaterstone Estates Section Ii
Land UseResidential
Legal DescriptionWATERSTONE ESTATES SECTION II, BLK C, LOT 40
Census Tract030201
Assessed Land Value$250,000
Assessed Improvement Value$694,238
Assessment Year2025

About this property

Tucked inside the prestigious gated community of Waterstone Estates, this beautifully cared-for one-acre retreat offers a rare blend of elegance, privacy, and possibility. The moment you arrive, the home feels polished, peaceful, and intentional; surrounded by mature trees, pristine landscaping, and the quiet beauty of acreage living in McKinney. Inside, the home is showroom-ready, with muted colors and spaces designed for modern families, professionals, and creatives. The main level features one bedroom and a large private office with French doors, creating an ideal work-from-home setting without sacrificing a bedroom. The primary suite is a true sanctuary featuring a stunning, vaulted groin ceiling which adds architectural drama and quiet luxury. The ensuite sparkles with all-Italian Carrara marble countertops, oversized vanity, mirror, and a spacious spa-inspired double shower. A dedicated home office, powder room, and large utility room with mud area round out the first level. An EF5-rated Family Safe storm shelter with reinforced concrete beneath offers peace of mind. Upstairs two additional bedrooms and a generous second living area, designed in lieu of a fourth bedroom, create space for movie nights, a lounge, or game room. Beyond that, an approximately 400SF air-conditioned flex space with a private door opens to countless uses such as tucked-away office, fitness, or creative escape. Outside a pristine backyard framed by mature landscaping and trees awaits your vision for the perfect peaceful backyard sanctuary, resort-style pool, outdoor kitchen, or garden pavilion. A freshly painted covered patio with a large fan overlooks a tapestry of mature trees that invite you to sit beneath the sweet symphony of birds chirping. At Waterstone Estates, you can enjoy space to breathe and still be within minutes from the charm of Historic Downtown McKinney, nearby H-E-B, Chipotle, Chick-fil-A, Hwy 75, Sam Rayburn Tollway, 380, + McKinney National Airport (TKI).

Investor Tools

Property Icon
$1,132,000
Estimated Property Value
$121,000Estimated Mortgage Balance
$898,320Estimated Equity
89% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$6,792 /month
Positive
Cash Flow Estimate:
$2,264 /month

Interested in this property?

Stefani Myers

Compass RE Texas, LLC.

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,121/month
$975/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,792
$944,238
2025
$250,000
$694,238
$944,238
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,792
$944,238

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Digital Fcu
Stand Alone Second / Subordinate Position
$121,000
No
First
Jul 2, 2024
Aug 2039

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$233,680
$898,320
79%
21%
$1,452/mo

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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