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$421,559

NAL Estimated Property Value

4703 Redwood Dr, McKinney, TX, 75070

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,964 Sq Ft
price_per_sqft$203.62 / sqft
Year BuiltBuilt in 1997

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Electric Range, Microwave
FlooringCeramic Tile, Vinyl

Exterior

Exterior FeaturesRain Gutters, Lighting

Building Information

Year Built1997
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR-3389-00K-0540-1
Lot Number54
SubdivisionEldorado Heights C1 Phase 1 (Cmc)
Land UseResidential
Legal DescriptionELDORADO HEIGHTS C1 PHASE 1 (CMC), BLK K, LOT 54
Census Tract030550
Assessed Land Value$115,000
Assessed Improvement Value$306,559
Assessment Year2025

About this property

This charming one story home in Eldorado Heights has so much to offer! Enter into a fabulous, flowing floorpan with split formals upon entry and down the hall you’ll find an open family room, kitchen and breakfast nook. Family room is spacious and welcoming featuring a cozy fireplace and a wall of windows overlooking backyard, making it light and bright! Enjoy cooking in the chef’s kitchen overlooking the breakfast room and family room, allowing everyone to be together. Primary suite is a private retreat with ensuite bath boasting double sinks, separate tub and shower and walk-in closet. Two additional bedrooms situated away from the private master! Step outside to find a covered patio area in the side yard that is a perfect space for entertaining friends or unwinding at the end of the day! Plenty of yard space for play or for pets. Vinyl plank flooring in all bedrooms and common areas, no carpet! In garage you'll find a spacious workbench, storage closet and fan!

Investor Tools

Property Icon
$421,559
Estimated Property Value
$248,433Estimated Mortgage Balance
$173,126Estimated Equity
41% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,529 /month
Positive
Cash Flow Estimate:
$843 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$695/month
$165/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,236
$421,559
2025
$115,000
$306,559
$421,559
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,236
$421,559

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Conventional
$261,999
No
First
Jul 24, 2023
Aug 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$248,433
$173,126
41%
59%
$1,571/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,440/mo
$1,736/mo
+$704/mo
6.9%

City: McKinney

4703 Redwood Dr | Property Details | No Agent List