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$537,681

NAL Estimated Property Value

700 Spring Falls Dr, McKinney, TX, 75071

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,168 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$246.77 / sqft
Year BuiltBuilt in 2015

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
AppliancesDishwasher, Disposal, Gas Cooktop, Gas Oven, Gas Range, Gas Water Heater, Microwave
FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesRain Gutters
Lot Size11,587 sqft

Building Information

Year Built2015
Stories1
Garage Spaces2

Land Information

APNR-10640-00X-051R-1
Lot Number51R
SubdivisionTrinity Falls Planning Unit 1 Phase 1b
Land UseResidential
Legal DescriptionTRINITY FALLS PLANNING UNIT 1 PHASE 1B, BLK X, LOT 51R; * (REPLAT) * (REPLAT)
Census Tract030202
Assessed Land Value$168,750
Assessed Improvement Value$368,931
Assessment Year2025

About this property

Fall in love with this pristine single story home nestled on an over-sized corner, cul-de-sac lot situated in the master-planned community of Trinity Falls. Stunning hardwood floors carry you inside this desirable, open-concept floor plan with seamless sight-lines from the living room, dining area and kitchen. Prepare gourmet meals in the fully equipped kitchen with stainless steel appliances, updated Frigidaire gas range, Quartz counter-tops, decorative subway tile back-splash and island. A wonderful flex room is located off the living room and could be used as a home office, formal dining room, play room, or second living space. Relax and unwind in the secluded primary bedroom complete with a tranquil ensuite bath with dual sinks, relaxing soaking tub, separate walk-in shower and walk-in closet. Two secondary bedrooms share access to a full bath. Great sized utility room has built-in cabinets and sink. Take full advantage of this HUGE lot with plenty of space for kids to play, pets, or swimming pool. Trinity Falls offers amenities to suit every lifestyle with a beach-entry swimming pool, clubhouse, fitness center, Hike and Bike trails, and much more!

Investor Tools

Property Icon
$537,681
Estimated Property Value
$0Estimated Mortgage Balance
$537,681Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,226 /month
Positive
Cash Flow Estimate:
$1,075 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$477/month
$125/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,041
$537,681
2025
$168,750
$368,931
$537,681
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,041
$537,681

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$537,681
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,700/mo
$125/mo
+$2,575/mo
6.0%

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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700 Spring Falls Dr | Property Details | No Agent List