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$314,000

NAL Estimated Property Value

5224 Stirrup Ln, McKinney, TX, 75071

$408,200 ARVInfo
Off MarketInfo
Beds— Beds
Baths— Bath
Baths1,400 Sq Ft
Year BuiltBuilt in 1991

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

About this property

Multiple offers received. Submit your highest and best offer by noon 7-18-2024. Value in land only. This is your chance to own 5.3 + or - ac in this private road, unrecorded subdivision just north of New Hope. Mobile, manufactured and stick built homes in the area. Water meter on property and North Collin SUD provides water service, Electric meter on property and GCEC provides the electricity service, the front yard light offers a welcoming look after dark. See deed restrictions and recorded HOA info in documents section. HOA maintains the private roads. Existing manufactured home is in poor, unlendable condition. It will convey with the sale and is not being shown until property is in the option period. The neighbors driveway likely encroaches onto this property. Seller has no survey. After entering the property, please close the gate, neighbor's livestock may be grazing and we don't want them to get out. Close and lock gate when finished viewing.

Investor Tools

Property Icon
$314,000
Estimated Property Value
$0Estimated Mortgage Balance
$314,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$408,200
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,394 /month
Positive
Cash Flow Estimate:
$798 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$153/month
$10/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$271
$38,346
2025
N/A
$38,346
$38,346
No

Tax History

Year
Tax Paid
Assessed Value
2024
$271
$38,346

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$314,000
100%
0%
$0/mo

City: McKinney

5224 Stirrup Ln | Property Details | No Agent List