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$900,470

NAL Estimated Property Value

4656 County Road 408, McKinney, TX, 75071

$1,170,611 ARVInfo
Off MarketInfo
Beds7 Beds
Baths5 Bath
Baths4,499 Sq Ft
price_per_sqft$128.9 / sqft
Year BuiltBuilt in 1994

Property Lead Type:

Off-Market ListARV FlipAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 7Bedrooms 7
Bathrooms Full 2Bathrooms Full 2
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Range, Microwave, Water Softener
FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesRain Gutters
Lot Size3.68 acres

Building Information

Year Built1994
Stories2
Garage Spaces2

Land Information

APNR-6166-001-1920-1
Lot Number192
SubdivisionDavid Cherry Survey
Land UseResidential
Legal DescriptionABS A0166 DAVID CHERRY SURVEY, SHEET 1, TRACT 192, 3.678 ACRES
Census Tract031003
Assessed Land Value$294,240
Assessed Improvement Value$606,230
Assessment Year2025

About this property

DELUXE COUNTRY LIVING AT IT'S FINEST! IN A CLASS OF IT'S OWN! This beautiful spread is on 3.68 of rolling acreage and breathtaking sunset views! Large front porch! This home boasts of 7 bedrooms and 4.5 baths. 5th bedroom can be used for a study! Two master bedrooms on the main level, garden tubs, dual sinks & tiled floor! Large gourmet kitchen with granite counters, large pantry with room for 2nd fridge! Large flagstone patio with lighted arbor perfect for entertaining and taking in the sunset views! This home comes with a detached Recording studio & recording booth that has sound proof walls! Also a secondary suite that can be used for a mother-in law's quarters! Horses allowed and plenty of room for riding!

Investor Tools

Property Icon
$900,470
Estimated Property Value
$400,974Estimated Mortgage Balance
$499,496Estimated Equity
55% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$1,170,611
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,403 /month
Positive
Cash Flow Estimate:
$1,801 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,231/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,271
$900,470
2025
$294,240
$606,230
$900,470
No

Tax History

Year
Tax Paid
Assessed Value
2024
$10,271
$900,470

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Wells Fargo Bank Na
Conventional
$464,900
No
First
Jun 10, 2019
Jul 2049

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$400,974
$499,496
55%
45%
$2,788/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,520/mo
$2,788/mo
+$732/mo
4.7%

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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4656 County Road 408 | Property Details | No Agent List