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Days36Days on Market
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$312,000

4940 Stray Creek Ln, McKinney, TX, 75070

Under ContractInfo
Beds3 Beds
Baths2 Bath
Baths1,500 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$208 / sqft
Year BuiltBuilt in 2011

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2.5Bathrooms Full 2.5
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Water Heater, Gas Range, Microwave, Tankless Water Heater
FlooringCarpet, Ceramic Tile

Exterior

Private PoolPrivate Pool

Building Information

Year Built2011
Stories2
Garage Spaces2

Land Information

APNR-9524-00L-0170-1
Lot Number17
SubdivisionSaddle Club At Mckinney Ranch Phase 2 (C
Land UseResidential
Legal DescriptionSADDLE CLUB AT MCKINNEY RANCH PHASE 2 (CMC), BLK L, LOT 17
Census Tract030541
Assessed Land Value$90,000
Assessed Improvement Value$247,479
Assessment Year2025

About this property

An incredible opportunity awaits in the desirable Saddle Club at McKinney Ranch community at a compelling price point. Nestled along an expansive greenbelt, this thoughtfully designed home features an open floor plan with a bright living area and a breakfast bar that flows seamlessly into the kitchen. The primary suite is conveniently located downstairs, offering a private retreat complete with a walk-in closet and ensuite bath. Upstairs, you will find two additional bedrooms, a full bath, and a versatile flex space perfect for a creative workspace, study nook or lounge area. Located in the highly acclaimed A-rated Allen ISD and just a short walk to Lindsey Elementary. Additional upgrades include fresh paint, a new high-efficiency Carrier Performance Series AC system (2025) and a new tankless hot water heater (2024). A beautiful greenbelt sits right outside your front door, perfect for a morning walk, an evening stroll with your dog, or a chance to meet your neighbors. Residents enjoy resort-style amenities including a pool, clubhouse, park, playground, and walking trails. Prime location with quick access to shopping, dining, entertainment, recreation, and major thoroughfares including Hwy 121 and US-75.

Investor Tools

Property Icon
$337,479
Estimated Property Value
$0Estimated Mortgage Balance
$337,479Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,025 /month
Positive
Cash Flow Estimate:
$675 /month

Interested in this property?

Scott Palmer

Keller Williams Legacy

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$658/month
$475/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,208
$337,479
2025
$90,000
$247,479
$337,479
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,208
$337,479

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$337,479
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,440/mo
$475/mo
+$1,965/mo
8.7%

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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4940 Stray Creek Ln | Property Details | No Agent List