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$411,800

NAL Estimated Property Value

601 Wichita Trl, McKinney, TX, 75071

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,000 Sq Ft
price_per_sqft$184.95 / sqft
Year BuiltBuilt in 2013

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Electric Water Heater, Microwave, Water Softener
FlooringCarpet, Ceramic Tile, Wood

Building Information

Year Built2013
Stories1
Garage Spaces2

Land Information

APNR-8925-00C-0060-1
Lot Number6
SubdivisionPecan Ridge Estates Phase One (Cmc)
Land UseResidential
Legal DescriptionPECAN RIDGE ESTATES PHASE ONE (CMC), BLK C, LOT 6
Census Tract030701
Assessed Land Value$120,000
Assessed Improvement Value$291,800
Assessment Year2025

About this property

Bright and open 1-story home with 4 bedrooms walking distance to elementary and playground. The spacious living area features engineered hardwood floors and a cozy fireplace, flowing into a huge stylish kitchen with granite countertops, breakfast bar, and casual dining nook. The primary suite offers a relaxing retreat with double sinks, garden tub, and glass shower. Flex Room is open and could be a Dining Room, Office, TV Room, Exercise Room or Play-Craft Room - endless options! Step outside to a generous backyard with a handy storage shed. Located in a tucked away, amenity-filled community with hike and bike trails, a splash pad, playground, and an on-site elementary school. This home has it all—space, style, and a great location!

Investor Tools

Property Icon
$411,800
Estimated Property Value
$335,980Estimated Mortgage Balance
$75,820Estimated Equity
18% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,471 /month
Positive
Cash Flow Estimate:
$824 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$776/month
$325/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,251
$411,800
2025
$120,000
$291,800
$411,800
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,251
$411,800

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
New American Funding
Fha
$341,483
Yes
First
Jun 27, 2025
Jul 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$335,980
$75,820
18%
82%
$2,048/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,520/mo
$2,373/mo
+$1,147/mo
10.3%

Learn About the Market: Opportunity in Texas

Local Market Pages
Local Market Pages 2Local Market Pages 3Local Market Pages 4

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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