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$549,000

701 Blue Teal Pl, McKinney, TX, 75071

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths2,223 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$246.96 / sqft
Year BuiltBuilt in 2016

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2.5Bathrooms Full 2.5
AppliancesGas Range, Microwave, Plumbed For Ice Maker, Gas Water Heater
FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesRain Gutters
Lot Size4,440 sqft

Building Information

Year Built2016
Stories2
Garage Spaces2

Land Information

APNR-11013-00D-0530-1
Lot Number53
SubdivisionFossil Creek At Westridge Phase 3 (Cmc)
Land UseResidential
Legal DescriptionFOSSIL CREEK AT WESTRIDGE PHASE 3 (CMC), BLK D, LOT 53
Census Tract030524
Assessed Land Value$104,500
Assessed Improvement Value$386,273
Assessment Year2025

About this property

EAST FACING. GREAT LOCATION IN FOSSIL CREEK with PROSPER ISD SCHOOLS You will enjoy this beautiful, well maintained home with a covered patio and great yard for the whole family to enjoy There are many upgrades in this home, such as granite counter tops, custom built in closets, additional wood floors and a fabulous fireplace to keep this home nice and cozy. Pay special attention to the epoxy flloors with over head storage in the garage.There is a security system in place with several cameras on the exterior and interior of the house. Beautiful landscaping beds have been added in the front lawn. Come see this one ! IT WILL NOT LAST LONG!

Investor Tools

Property Icon
$490,773
Estimated Property Value
$385,000Estimated Mortgage Balance
$135,246Estimated Equity
22% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,294 /month
Positive
Cash Flow Estimate:
$1,098 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$868/month
$360/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,965
$490,773
2025
$104,500
$386,273
$490,773
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,965
$490,773

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Better Mortgage Corporation
Conventional
$385,000
No
First
Apr 7, 2022
May 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$355,527
$135,246
27%
72%
$2,309/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,520/mo
$2,669/mo
+$851/mo
8.6%

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.

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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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701 Blue Teal Pl | Property Details | No Agent List