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$392,000

NAL Estimated Property Value

4509 Farringdon Ln, McKinney, TX, 75070

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,646 Sq Ft
price_per_sqft$258.2 / sqft
Year BuiltBuilt in 2002

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Microwave, Refrigerator
FlooringCarpet, Ceramic Tile, Cork

Exterior

Private PoolPrivate Pool

Building Information

Year Built2002
Stories1
Garage Spaces2

Land Information

APNR-4939-00D-0260-1
Lot Number26
SubdivisionAvalon Phase One (Cmc)
Land UseResidential
Legal DescriptionAVALON PHASE ONE (CMC), BLK D, LOT 26
Census Tract030550
Assessed Land Value$120,000
Assessed Improvement Value$265,972
Assessment Year2025

About this property

Here is a diamond of a home hidden away in the sought after Avalon subdivision. The home has some updated flooring. Concrete backyard patio and very nice landscaping. This home has only been occupied by 1 owner and it has been maintained regularly. New insulation throughout the entire attic in 2023, New HVAC in 2020, and new roof in 2019. The neighborhood is also very quiet and beautiful. It has a community pool, a nice playground, access to an awesome walking trail that extends north with access to other parks along the walking trail, and a fantastic elementary school in the heart of it. Do not miss out on seeing the GEM of a home!!!

Investor Tools

Property Icon
$392,000
Estimated Property Value
$384,140Estimated Mortgage Balance
$7,860Estimated Equity
2% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,550 /month
Positive
Cash Flow Estimate:
$850 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$942/month
$255/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,342
$385,972
2025
$120,000
$265,972
$385,972
Yes (2023)

Tax History

Year
Tax Paid
Assessed Value
2024
$9,342
$385,972

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Highlands Residential Mortgage Ltd
Conventional
$403,750
No
First
Sep 20, 2023
Oct 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$384,140
$7,860
2%
98%
$2,421/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,440/mo
$2,676/mo
$-236/mo
7.5%

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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4509 Farringdon Ln | Property Details | No Agent List