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$606,000

603 Courtney Ln, McKinney, TX, 75071

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,939 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$187.14 / sqft
Year BuiltBuilt in 2000

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Microwave, Double Oven, Refrigerator, Vented Exhaust Fan
FlooringCarpet, Hardwood, Tile

Exterior

Exterior FeaturesRain Gutters, Private Yard

Building Information

Year Built2000
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR-3708-003-0160-1
Lot Number16
SubdivisionMayfair Addition Phase Ii (Cmc)
Land UseResidential
Legal DescriptionMAYFAIR ADDITION PHASE II (CMC), BLK 3, LOT 16
Census Tract030609
Assessed Land Value$147,000
Assessed Improvement Value$459,000
Assessment Year2025

About this property

Stunning single-story home nestled in the established community of Mayfair Estates complete with a community pool, tennis courts. At the heart of this home is a huge open upgraded kitchen and family room surrounded by a wall of windows! Soaring ceilings and natural light follow the impeccably split floor plan showcasing gorgeous wood floors and rounded walls. Triple crown molding, custom paint and beautiful archways add charm and warmth throughout! Enviable study with french doors! Huge dining room can be flex space! Dream kitchen awaits with deep counter space, gorgeous granite, Bosch appliance ste, 5 burner gas cooktop, double oven, Blanco Silgranit sink and phenom built-ins for storage! Huge pool sized, private, backyard with pergola! Close proximity to Bonnie Wenk park, walking and biking trails, a large dog park, multiple restaurants and retail options including McKinney's Historic Downtown. Roof 2022! HVACs Lennox 2020, Trane heating 2014, AC 2018. Low maintenance native yard!

Investor Tools

Property Icon
$606,000
Estimated Property Value
$300,000Estimated Mortgage Balance
$328,966Estimated Equity
50% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,636 /month
Positive
Cash Flow Estimate:
$1,212 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$872/month
$625/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,432
$606,000
2025
$147,000
$459,000
$606,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,432
$606,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Eudrup Inc
Conventional
$300,000
No
First
Apr 13, 2022
May 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$277,034
$328,966
54%
46%
$1,799/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,520/mo
$2,424/mo
+$1,096/mo
7.0%

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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603 Courtney Ln | Property Details | No Agent List