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Owner Contacts

$561,498

NAL Estimated Property Value

6306 Starr Dr, McKinney, TX, 75071

Off Market

3 Beds

2 Bath

2,248 Sq Ft

Single Family Residence

$244.66 / sqft

Built in 2019

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

AppliancesDishwasher, Disposal, Electric Cooktop, Microwave, Convection Oven, Double Oven, Refrigerator, Vented Exhaust Fan

FlooringCarpet, Ceramic Tile

Exterior

Exterior FeaturesAwning(s), Rain Gutters, Lighting, Storage

Lot Size1.12 acres

Building Information

Year Built2019

Stories1

Garage Spaces2

Land Information

APNR-11772-00B-0090-1

Lot Number9

SubdivisionMelissa Farms

Land UseResidential

Legal DescriptionMELISSA FARMS, BLK B, LOT 9

Census Tract030201

Assessed Land Value$167,850

Assessed Improvement Value$393,648

Assessment Year2025

About this property

Escape to a peaceful country setting, minutes from city conveniences of Melissa & McKinney. Meticulously kept & like new 1 story nestled in the quiet boutique acreage community of Melissa Farms. Corner lot w gorgeous drive up, lavish landscaping, Roses & Cypress. Wood flooring graces the entry, study, living, dining & primary suite-even closet. Granite kitchen features dbl convect ovens, induction cooktop, pot drawers, under cab lights, bar seating, exterior venting & 6X4 walk-in pantry. Relax on the travertine covered patio w retractable awnings & sail shades. Updates: Landscaping-8K, Full Gutters, Storm Door, SunSetter awnings, travertine patio, patio wood privacy screen & dedicated dbl 110 circuit, Ring doorbell, expanded drive & 12X10 storage shed. All electric. Septic. Zoned top McKinney ISD. Move right in & enjoy the peaceful evening stars. Priced under tax assessed market value. Full price offers only. Garage fridge remains if requested. Excludes hot tub & front iron planters.

Investor Tools

$561,498

Estimated Property Value

$389,937Estimated Mortgage Balance

$171,561Estimated Equity

30% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$3,369 /month

Positive

Cash Flow Estimate:

$1,123 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$518/month

$200/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$3,405

$561,498

2025

$167,850

$393,648

$561,498

Tax History

Year

Tax Paid

Assessed Value

2024

$3,405

$561,498

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Prosperity Home Mortgage Llc

Conventional

$400,000

First

Dec 2, 2024

Jan 2055

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$389,937

$171,561

30%

69%

$2,399/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,700/mo

$2,599/mo

+$101/mo

5.8%

Learn About the Market: Opportunity in Texas

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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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