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$1,343,650

NAL Estimated Property Value

4865 Lake Shore Drive, McKinney, TX, 75071

Off MarketInfo
Beds4 Beds
Baths5 Bath
Baths4,315 Sq Ft
price_per_sqft$207.42 / sqft
Year BuiltBuilt in 2019

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 4Bathrooms Full 4
AppliancesTrash Compactor, Built-In Gas Range, Convection Oven, Dishwasher, Electric Oven, Gas Cooktop, Ice Maker, Indoor Grill, Microwave, Plumbed For Ice Maker, Warming Drawer, Gas Water Heater
FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesFire Pit, Rain Gutters, Lighting, Outdoor Grill
Lot Size1 acre

Building Information

Year Built2018
Stories2
Garage Spaces3

Land Information

APNR-8936-00B-0950-1
Lot Number95
SubdivisionWaterstone Estates Section I
Land UseResidential
Legal DescriptionWATERSTONE ESTATES SECTION I, BLK B, LOT 95
Census Tract030201
Assessed Land Value$350,000
Assessed Improvement Value$993,650
Assessment Year2025

About this property

Fabulous custom 1.5 story home on 1 acre with lake view built in 2019. Located in gated Waterstone Estates just 15 minutes from downtown McKinney. 4315 square feet of living space with a total of 6515 square feet under roof. Four bedrooms, ea with private bath. All bedrooms down. Huge game room & full bath upstairs. Gorgeous flooring with no carpet downstairs. Sliding glass doors across the back of the house open it all up. Amazing out door living features built-in kitchen, electric screens & built-in misting system and approximately 45 feet of fire wall. Beautiful kitchen has massive island, floating shelves and high-end appliances. Owner is a licensed Texas Real Estate Agent.

Investor Tools

Property Icon
$1,343,650
Estimated Property Value
$884,798Estimated Mortgage Balance
$458,852Estimated Equity
34% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$8,062 /month
Positive
Cash Flow Estimate:
$2,687 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,709/month
$775/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$13,786
$1,343,650
2025
$350,000
$993,650
$1,343,650
No

Tax History

Year
Tax Paid
Assessed Value
2024
$13,786
$1,343,650

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Amerifirst Financial Inc
Conventional
$500,000
No
First
Jun 29, 2020
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$884,798
$458,852
34%
66%
$5,996/mo

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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4865 Lake Shore Drive | Property Details | No Agent List