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$282,687

NAL Estimated Property Value

501 Joyce Way, McKinney, TX, 75069

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,364 Sq Ft
price_per_sqft$161.29 / sqft
Year BuiltBuilt in 2006

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Range, Microwave, Plumbed For Ice Maker
FlooringCarpet, Laminate

Exterior

Lot Size4,572 sqft

Building Information

Year Built2006
Stories1
Garage Spaces1

Land Information

APNR-8575-00B-0050-1
Lot Number5
SubdivisionStandifer Place Addition No 2 (Cmc)
Land UseResidential
Legal DescriptionSTANDIFER PLACE ADDITION NO 2 (CMC), BLK B, LOT 5
Census Tract030903
Assessed Land Value$150,000
Assessed Improvement Value$132,687
Assessment Year2025

About this property

JUST LISTED! Absolutely adorable Home, 3 Bedroom-2 Baths-hard to find 2 C.Garage-Wonderful location in the neighborhood backing to Pasture Land and Trees for that Country Feel yet close proximity to Greenville Ave, 121, and 75. Pride of Ownership shows as you walk in the front door, owners have taken great care and updated with designer paint, SS appliances, decorative backsplash and lighting fixtures, laminate wood floors, electric fire place, Great Kitchen open to dining and living areas, Master Retreat is tastefully done and located away from secondary bedrooms, Backyard has covered patio, perfect for barbecues with gate that opens to wonderful views of the pasture&trees located behind the home. Come See!

Investor Tools

Property Icon
$282,687
Estimated Property Value
$197,565Estimated Mortgage Balance
$85,122Estimated Equity
30% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,696 /month
Positive
Cash Flow Estimate:
$565 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$448/month
$125/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,958
$282,687
2025
$150,000
$132,687
$282,687
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,958
$282,687

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Caliber Home Loans Inc
Fha
$218,856
Yes
First
Apr 12, 2021
May 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$197,565
$85,122
30%
70%
$1,313/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,438/mo
+$534/mo
8.4%

City: McKinney

501 Joyce Way | Property Details | No Agent List