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$450,000

NAL Estimated Property Value

4605 Forest Cove Dr, McKinney, TX, 75071

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,949 Sq Ft
price_per_sqft$230.89 / sqft
Year BuiltBuilt in 2010

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash Buyers

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
FlooringCarpet, Tile

Exterior

Exterior FeaturesRain Gutters, Lighting

Building Information

Year Built2010
Stories1
Garage Spaces2

Land Information

APNR-9278-00G-0320-1
Lot Number32
SubdivisionCreekview Estates Phase 1 (Cmc)
Land UseResidential
Legal DescriptionCREEKVIEW ESTATES PHASE 1 (CMC), BLK G, LOT 32
Census Tract030548
Assessed Land Value$115,000
Assessed Improvement Value$320,544
Assessment Year2025

About this property

Located in the desirable Creekview Estates community of McKinney, 4605 Forest Cove offers beautifully designed single story living with 3 bedrooms, 2 baths, and 1,951 square feet of thoughtfully planned space. This inviting home showcases an open concept floor plan with soaring vaulted ceilings, creating a bright and spacious atmosphere throughout the main living areas. The living room is anchored by a cozy fireplace and flows seamlessly into the dining area and kitchen, making it ideal for both everyday living and entertaining. The kitchen features custom cabinetry, granite countertops, a wood vent hood, abundant prep space, and a charming breakfast area overlooking the backyard. The split bedroom layout provides privacy, with two generously sized secondary bedrooms sharing a hall bath, while the private primary suite offers a relaxing retreat complete with a spacious ensuite bath featuring upgraded tile, a garden tub, and a walk in closet. Step outside to enjoy the open patio and backyard space, perfect for morning coffee or evening gatherings. The home’s attractive stone and-brick façade adds timeless curb appeal. Residents of Creekview Estates enjoy scenic community trails winding through wooded areas and around a peaceful pond, with convenient access to nearby parks and recreation. Just a short walk away, the trails connect directly to Bonnie Wenk Park, offering playgrounds, walking and biking trails, fishing, dog parks, and outdoor activities. Ideally located near shopping, dining, schools, and major commuter routes, this home combines comfort, nature, and convenience in one exceptional McKinney location.

Investor Tools

Property Icon
$450,000
Estimated Property Value
$0Estimated Mortgage Balance
$450,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,700 /month
Positive
Cash Flow Estimate:
$900 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$442/month
$570/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,056
$435,544
2025
$115,000
$320,544
$435,544
Yes (2023)

Tax History

Year
Tax Paid
Assessed Value
2024
$3,056
$435,544

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$450,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,700/mo
$570/mo
+$2,130/mo
7.2%

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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4605 Forest Cove Dr | Property Details | No Agent List