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$600,000

6817 County Road 469, McKinney, TX, 75071

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,459 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$244 / sqft
Year BuiltBuilt in 2020

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
AppliancesDishwasher, Disposal, Electric Oven, Electric Water Heater, Microwave, Double Oven
FlooringCarpet, Tile, Vinyl

Exterior

Exterior FeaturesRain Gutters
Lot Size1.14 acres

Building Information

Year Built2020
Stories1
Garage Spaces3

Land Information

APNR-11772-00A-0260-1
Lot Number26
SubdivisionMelissa Farms
Land UseResidential
Legal DescriptionMELISSA FARMS, BLK A, LOT 26
Census Tract030201
Assessed Land Value$170,400
Assessed Improvement Value$444,155
Assessment Year2025

About this property

This property has an assumable VA loan at an incredible 3.5% interest rate (you do not need to be a veteran) and offers the lowest property tax rate in DFW, just 1.356%! So come out and discover this beautifully designed home set on over an acre! The welcoming tree-lined entry with a charming swing and hammock sets the tone, while the beautiful rose bushes highlight the front of the home. The open-concept kitchen is the heart of the home with upgraded granite countertops, double ovens, walk in pantry, and generous workspace; perfect for everyday living or entertaining. A formal dining room provides an elegant gathering space, and a dedicated office offers flexibility as it can easily serve as a fifth bedroom to accommodate evolving lifestyle needs. The spacious primary suite is a private retreat, featuring a luxurious bath with two separate vanity areas, a standalone shower, and a soaking tub. The second bathroom also includes double vanities for added convenience. Outdoor living is just as inviting, with a large extended patio ideal for relaxing or entertaining, a 10x12 storage shed on a concrete pad, and a vast backyard ready for a pool, garden, or custom outdoor oasis. Additional highlights include AT&T fiber-optic internet, an oversized three-car garage with epoxy floors, and a low annual HOA of only $200. Combining luxury finishes with exceptional financial advantages, this home delivers space, flexibility, and long-term value that’s hard to find.

Investor Tools

Property Icon
$614,555
Estimated Property Value
$561,675Estimated Mortgage Balance
$57,776Estimated Equity
9% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,687 /month
Positive
Cash Flow Estimate:
$1,229 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$828/month
$200/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,859
$614,555
2025
$170,400
$444,155
$614,555
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,859
$614,555

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Mortgage Research Center Llc
Va
$561,675
Yes
First
Nov 18, 2025
Dec 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$556,779
$57,776
9%
91%
$3,368/mo

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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6817 County Road 469 | Property Details | No Agent List