$447,233
NAL Estimated Property Value4606 Spanishmoss Drive, McKinney, TX, 75070
Off Market
Property Lead Type:
Off-Market ListHigh Equity
Highlights
Interior
AppliancesDishwasher
FlooringCarpet, Ceramic Tile, Laminate
Building Information
Year Built1996
Stories2
Garage Spaces2
Land Information
APNR-3316-00K-0240-1
Lot Number24
SubdivisionEldorado Heights Phase B2 (Cmc)
Land UseResidential
Legal DescriptionELDORADO HEIGHTS PHASE B2 (CMC), BLK K, LOT 24
Census Tract030550
Assessed Land Value$115,000
Assessed Improvement Value$332,233
Assessment Year2025
About this property
HUGE PRICE REDUCTION!!! This 4 bedroom, 2.5 bath home has a large kitchen with quartz counter, glass backsplash, custom cabinets, gorgeous hand scraped wood floors all through the first floor, beautifully upgraded bathrooms, updated cook-top, and wood-burning fireplace. Spacious living area, dedicated dining area, vaulted ceilings. Large master bedroom with tub and separate shower. Fabulous renovated bathrooms. A large covered patio is great for morning coffee and relaxation.
Investor Tools
$447,233
Estimated Property Value
$362,275Estimated Mortgage Balance
$84,958Estimated Equity
18% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,683 /month
Positive
Cash Flow Estimate:
$894 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$849/month
$150/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,947
$447,233
2025
$115,000
$332,233
$447,233
No
Tax History
Year
Tax Paid
Assessed Value
2024
$7,947
$447,233
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Sierra Pacific Mortgage Co Inc
Conventional
$369,900
No
First
Mar 18, 2025
Apr 2055
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$362,275
$84,958
18%
81%
$2,218/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,190/mo
$2,368/mo
+$822/mo
8.6%
