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$318,000

4904 Kelly Drive, McKinney, TX, 75070

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,736 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$116.23 / sqft
Year BuiltBuilt in 2005

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Microwave, Plumbed For Ice Maker, Refrigerator, Gas Water Heater
FlooringCarpet, Ceramic Tile

Exterior

Exterior FeaturesRain Gutters

Building Information

Year Built2005
Stories2
Garage Spaces1

Land Information

APNR-8446-00I-0430-1
Lot Number43
SubdivisionVillage Park Phase 1a (Cmc)
Land UseResidential
Legal DescriptionVILLAGE PARK PHASE 1A (CMC), BLK I, LOT 43
Census Tract030541
Assessed Land Value$147,000
Assessed Improvement Value$401,000
Assessment Year2025

About this property

Parkfront Allen ISD home, completely MOVE IN READY with NEW AC, NEW roof, SS upgraded appliances, Fridge, Washer, Dryer and fire pit all included. Furniture negotiable and a $5000 decorator or flooring allowance!!! Open concept with multiple living spaces. Located in popular Village Park, home is walking distance to elementary school, community pool and park. Just minutes to 121, the home is centrally located. All bedrooms are o the first floor, custom window blinds on all windows and doors. Inspection report available and all repairs already completed for a quick and smooth purchase!!

Investor Tools

Property Icon
$548,000
Estimated Property Value
$0Estimated Mortgage Balance
$321,547Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,288 /month
Positive
Cash Flow Estimate:
$1,096 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$962/month
$580/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,809
$548,000
2025
$147,000
$401,000
$548,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,809
$548,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Highlands Residential Mortgage Ltd
Conventional
$253,350
No
First
Nov 6, 2020
Dec 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$226,453
$321,547
58%
41%
$1,519/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,440/mo
$2,099/mo
+$341/mo
5.3%

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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4904 Kelly Drive | Property Details | No Agent List