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Days1581Days on Market
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$869,900

$895,000

6108 Heron Bay Ln, McKinney, TX, 75070

On MarketInfo
Price DropInfo
Beds3 Beds
Baths4 Bath
Baths2,763 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$314.84 / sqft
Year BuiltBuilt in 2012

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 4.5Bathrooms Full 4.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesBuilt-In Gas Range, Dishwasher, Disposal, Gas Cooktop, Microwave
FlooringCarpet, Hardwood, Stone

Exterior

Exterior FeaturesCourtyard, Rain Gutters, Lighting, Private Yard
Lot Size6,070 sqft

Building Information

Year Built2012
Stories1
Garage Spaces2

Land Information

APNR-9045-00H-18R1-1
Lot Number18R1
SubdivisionPhase 2 Of The Estates At Craig Ranch We
Land UseResidential
Legal DescriptionPHASE 2 OF THE ESTATES AT CRAIG RANCH WEST (CMC), BLK H, LOT 18R1; AMENDING AMENDING
Census Tract030542
Assessed Land Value$209,000
Assessed Improvement Value$580,594
Assessment Year2025

About this property

Rare opportunity to own a single-story canal-front home in the gated Villas at Craig Ranch. Positioned along the community's picturesque canals, this meticulously maintained Mediterranean-inspired residence offers an exceptional lock-and-leave lifestyle with canal views, fountains, walking paths, and beautifully landscaped surroundings. Spanning 2,763 square feet, this thoughtfully designed home features 3 bedrooms, 3.5 bathrooms, a dedicated office, and seamless indoor-outdoor living. Rich hardwood floors, soaring ceilings, extensive crown molding, and expansive windows flood the home with natural light, creating a bright, airy atmosphere throughout. The beautifully appointed kitchen opens to the main living and dining areas. A versatile second living area can serve as a formal dining room, sitting room, or additional entertaining space. The dedicated office provides the perfect work-from-home space, while two secondary bedrooms, each with ensuite baths, offer comfort and privacy for family and guests. The spacious primary suite offers peaceful canal views and a luxurious spa-inspired bath with dual vanities, a soaking tub, oversized walk-in shower, and generous closet space. A striking Spanish barrel tile roof complements the home's timeless Mediterranean architecture, while the HVAC (2024) and Water Heater (2025) have been recently replaced. The oversized garage offers room for two vehicles plus a golf cart, workshop, or abundant storage. Enjoy morning coffee or evening sunsets from the covered patio with motorized screens overlooking the canals, fountains, and walking paths. Opportunities to own a single-story, canal-front home in this gated community are exceptionally rare. Located in the heart of Craig Ranch, residents enjoy convenient access to TPC Craig Ranch, shopping, dining, entertainment, and major thoroughfares while enjoying the security and low-maintenance lifestyle of one of McKinney's most desirable communities.

Investor Tools

Property Icon
$801,000
Estimated Property Value
$0Estimated Mortgage Balance
$801,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,219 /month
Positive
Cash Flow Estimate:
$1,740 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,164/month
$208/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,963
$789,594
2025
$209,000
$580,594
$789,594
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,963
$789,594

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$801,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,440/mo
$208/mo
+$2,232/mo
3.7%

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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6108 Heron Bay Ln | Property Details | No Agent List