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$635,000

6417 Canyon Crest Drive, McKinney, TX, 75071

On MarketInfo
Beds4 Beds
Baths3 Bath
Baths3,588 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$176.98 / sqft
Year BuiltBuilt in 2008

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal
FlooringCarpet, Ceramic Tile, Hardwood

Building Information

Year Built2008
Stories2
Garage Spaces2

Land Information

APNR-8504-00C-0080-1
Lot Number8
SubdivisionRidgecrest - Phase I (Cmc)
Land UseResidential
Legal DescriptionRIDGECREST - PHASE I (CMC), BLK C, LOT 8
Census Tract030547
Assessed Land Value$160,000
Assessed Improvement Value$476,966
Assessment Year2025

About this property

Former Drees model home loaded with designer upgrades and fresh updates, now move-in ready with all new paint and brand-new carpet. From the moment you step inside, this home makes a statement with hand-scraped hardwood floors, elevated architectural details, and thoughtfully designed spaces throughout. The private downstairs study is a true showstopper, featuring rich wood accent walls and stunning coffered ceilings, creating the perfect executive office or refined retreat. A downstairs guest bedroom and full bath offer ideal flexibility for visitors or multigenerational living. Upstairs, two additional secondary bedrooms, a full bath, plus spacious game and media rooms create the perfect setup for entertaining and everyday living. The oversized owner’s suite is complemented by a spacious ensuite bath with separate vanities, a soaking tub, and a large walk-in closet that offers incredible storage. As a former model home, this property showcases the custom touches and quality finishes buyers love, paired with a highly functional floor plan. Located in sought-after McKinney ISD and just minutes from the new Whole Foods, premier shopping, dining, and everyday conveniences, this is the perfect opportunity to own one of the community’s most beautifully appointed homes. Please REMOVE shoes! Brand new carpet!

Investor Tools

$341,256Estimated Mortgage Balance
$295,710Estimated Equity
46% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,822 /month
Positive
Cash Flow Estimate:
$1,274 /month

Interested in this property?

Sarah Maxwell

Weichert Realtors/Property Partners

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,286/month
$828/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$12,242
$636,966
2025
$160,000
$476,966
$636,966
No

Tax History

Year
Tax Paid
Assessed Value
2024
$12,242
$636,966

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Nbh Bank Na
Conventional
$363,000
No
First
Feb 28, 2023
Mar 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$341,256
$295,710
46%
54%
$2,177/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,520/mo
$3,005/mo
+$515/mo
6.6%

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.

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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6417 Canyon Crest Drive | Property Details | No Agent List