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$541,076

NAL Estimated Property Value

6516 Diamond Drive, McKinney, TX, 75070

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,840 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$129.93 / sqft
Year BuiltBuilt in 2007

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2.5Bathrooms Full 2.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Electric Range, Microwave, Plumbed For Ice Maker, Vented Exhaust Fan
FlooringCarpet, Ceramic Tile, Slate, Wood

Exterior

Exterior FeaturesRain Gutters

Building Information

Year Built2007
Stories2
Garage Spaces2

Land Information

APNR-8222-00P-0170-1
Lot Number17
SubdivisionBrookstone Phase I (Cmc)
Land UseResidential
Legal DescriptionBROOKSTONE PHASE I (CMC), BLK P, LOT 17
Census Tract030516
Assessed Land Value$147,000
Assessed Improvement Value$394,076
Assessment Year2025

About this property

Beautifully updated farmhouse style! Open floor plan with 4 bedrooms & 2 baths downstairs. A bonus room upstairs has a half bath & is great for entertaining. Recently painted interior 2018, Handscraped hardwood floors, Built-in cabinetry with shiplap in family room , Kitchen includes white cabinets, slate flooring, granite counters, stainless steel appliances (replaced 2108), & walk-in pantry. Spacious Master Suite with bay window & wood floors, oversized shower & walk-in closet. Laundry room also includes shiplap accent wall, sink, & cabinets. Large corner lot features oversized back patio with 8 foot board on board fence & private backyard. Close to Community pool, playground & Elementary School.

Investor Tools

Property Icon
$541,076
Estimated Property Value
$251,809Estimated Mortgage Balance
$289,267Estimated Equity
53% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,246 /month
Positive
Cash Flow Estimate:
$1,082 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$817/month
$475/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,099
$541,076
2025
$147,000
$394,076
$541,076
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,099
$541,076

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Caliber Home Loans Inc
Conventional
$281,155
No
First
Dec 14, 2020
Jan 2046

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$251,809
$289,267
53%
47%
$1,686/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,440/mo
$2,161/mo
+$279/mo
5.4%

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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6516 Diamond Drive | Property Details | No Agent List