$469,598
NAL Estimated Property Value4924 Redwood Dr, McKinney, TX, 75070
Off Market
Property Lead Type:
Off-Market ListAbsentee OwnerHigh Equity
Highlights
Interior
AppliancesDishwasher, Disposal, Electric Range, Microwave, Tankless Water Heater
FlooringCeramic Tile, Laminate
Building Information
Year Built1997
Stories2
Roof Type105
Garage Spaces2
Land Information
APNR-3602-00L-1010-1
Lot Number101
SubdivisionEldorado Heights C1 Phase Ii (Cmc)
Land UseResidential
Legal DescriptionELDORADO HEIGHTS C1 PHASE II (CMC), BLK L, LOT 101
Census Tract030550
Assessed Land Value$138,863
Assessed Improvement Value$330,735
Assessment Year2025
About this property
Gorgeous custom home on a landscaped cul-de-sac lot is 4 bedrooms, 2.5 bath, formal dining, open family room with FP,spacious kitchen, butlers pantry, cozy breakfast nook, private master suite with sitting area and fire place, jetted tub, sep. shower,large study with built-in, beautiful new vinyl flooring, new interior paint, extra large storage building in large back yard.
Investor Tools
$469,598
Estimated Property Value
$280,488Estimated Mortgage Balance
$189,110Estimated Equity
40% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,818 /month
Positive
Cash Flow Estimate:
$939 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$885/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,269
$469,598
2025
$138,863
$330,735
$469,598
No
Tax History
Year
Tax Paid
Assessed Value
2024
$8,269
$469,598
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Wintex Group Llc
Conventional
$306,000
No
First
Dec 22, 2021
Jan 2052
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$280,488
$189,110
40%
60%
$1,835/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,190/mo
$1,835/mo
+$1,355/mo
8.2%
