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$547,000

NAL Estimated Property Value

7016 English Elm Trail, McKinney, TX, 75071

Off MarketInfo
LeaseInfo
Beds4 Beds
Baths2 Bath
Baths1,966 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.25 / sqft
Year BuiltBuilt in 2024

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
AppliancesDishwasher, Disposal, Dryer, Gas Cooktop, Microwave, Refrigerator, Washer
FlooringCarpet, Tile

Exterior

Lot Size8,843 sqft

Building Information

Year Built2024
Stories1
Garage Spaces2

Land Information

APNR-13269-00A-0430-1
Lot Number43
SubdivisionShaded Tree
Land UseResidential Single Family
Legal DescriptionSHADED TREE PHASE 1, BLK A, LOT 43
Census Tract030202
Assessed Land Value$126,500
Assessed Improvement Value$299,299
Assessment Year2025

About this property

This pristine, never-lived-in home awaits its first residents! This thoughtfully designed single-story home maximizes every square foot! The open living area flows seamlessly into the formal dining room, ideal for gatherings. With four bedrooms, including a comfortable owner's suite, and two full bathrooms, this home offers plenty of space for relaxation and privacy. The kitchen boasts quartz countertops and stainless steel appliances! A washer, dryer, fridge, and internet is included. The Shaded Tree neighborhood in McKinney, TX offers a variety of amenities for its residents. Residents can enjoy a refreshing swim in the neighborhood pool, take a leisurely stroll or bike ride on the multi-use trails, and easily access the nearby Erwin Park, Bonnie Wenk Park, and Towne Lake Park offering ample opportunities for outdoor recreation. The neighborhood's proximity to historic downtown McKinney provides residents with convenient access to shops, restaurants, and entertainment options. Additionally, the convenient location near major highways makes commuting to Dallas and other nearby cities a breeze. Renter is responsible for all utilities except internet! Schedule a tour today!

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$228/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$425,799
2025
$126,500
$299,299
$425,799
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$425,799

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Amwest Funding Corp
Conventional
$288,750
No
First
Nov 19, 2024
Dec 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$281,046
$265,954
48%
51%
$1,732/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,520/mo
$1,732/mo
+$1,788/mo
7.7%

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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7016 English Elm Trail | Property Details | No Agent List