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$275,500

6408 Candletree Ln, McKinney, TX, 75070

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,896 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$145.31 / sqft
Year BuiltBuilt in 2002

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListDeal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Microwave, Plumbed For Ice Maker
FlooringCarpet, Ceramic Tile

Building Information

Year Built2002
Stories1
Garage Spaces2

Land Information

APNR-4399-00K-0020-1
Lot Number2
SubdivisionEldorado Heights Section Iii Phase Vi (C
Land UseResidential
Legal DescriptionELDORADO HEIGHTS SECTION III PHASE VI (CMC), BLK K, LOT 2
Census Tract030516
Assessed Land Value$120,000
Assessed Improvement Value$273,633
Assessment Year2025

About this property

Tenant occupied until June 2021. GREAT LOCATION IN ELDORADO HEIGHTS which includes community pool, park, and playground!.Spacious floorplan, split bedrooms plus study, flexible formal dining-could be second living. Light & bright open familyroom & kitchen, breakfast bar, corner Fireplace. Master suite boasts his & hers sinks, garden tub, separate shower. This one is a must see!

Investor Tools

Property Icon
$393,633
Estimated Property Value
$206,625Estimated Mortgage Balance
$208,575Estimated Equity
48% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,362 /month
Positive
Cash Flow Estimate:
$787 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$749/month
$350/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,022
$393,633
2025
$120,000
$273,633
$393,633
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,022
$393,633

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First United Bank & Trust Co
Conventional
$206,625
No
First
Dec 18, 2020
Jan 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$185,058
$208,575
52%
47%
$1,239/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,190/mo
$1,589/mo
+$1,601/mo
9.7%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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.

Explore Texas Explore This Area
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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6408 Candletree Ln | Property Details | No Agent List