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$449,225

NAL Estimated Property Value

4805 Spanishmoss Drive, McKinney, TX, 75070

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,224 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$132.64 / sqft
Year BuiltBuilt in 1997

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Microwave
FlooringCarpet, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesRain Gutters

Building Information

Year Built1997
Stories1
Garage Spaces2

Land Information

APNR-3458-00L-0770-1
Lot Number77
SubdivisionEldorado Heights Phase B3 (Cmc)
Land UseResidential
Legal DescriptionELDORADO HEIGHTS PHASE B3 (CMC), BLK L, LOT 77
Census Tract030550
Assessed Land Value$115,000
Assessed Improvement Value$334,225
Assessment Year2025

About this property

Gorgeous home in the Eldorado Heights addition of McKinney! This 4 bed, 2 bath home features hardwood floors throughout common areas, Formal dining, decorative lighting, study~den, and large living room with brick hearth fireplace & gas logs. Spotless open kitchen with gas cooktop, walk-in pantry, island, breakfast bar, and tile backsplash. Spacious split Master en-suite with walk-in closet, dual sinks, garden tub, and separate shower. Landscaped backyard comes with Salt Water pool, and 8ft board on board privacy fence perfect for entertaining guests! New Roof (2019). Walking Distance to Katherine B. Winniford park. Close to shopping, restaurants and entertainment. Easy access to Hwy 121.

Investor Tools

Property Icon
$449,225
Estimated Property Value
$242,374Estimated Mortgage Balance
$206,851Estimated Equity
46% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,695 /month
Positive
Cash Flow Estimate:
$898 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$666/month
$200/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,745
$449,225
2025
$115,000
$334,225
$449,225
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,745
$449,225

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Homeside Financial Llc
Conventional
$269,550
No
First
Feb 5, 2021
Mar 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$242,374
$206,851
46%
54%
$1,617/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,190/mo
$1,817/mo
+$1,373/mo
8.5%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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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4805 Spanishmoss Drive | Property Details | No Agent List