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$395,000

NAL Estimated Property Value

704 Richmond Dr, McKinney, TX, 75071

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,191 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$0.91 / sqft
Year BuiltBuilt in 2001

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2.5Bathrooms Full 2.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Cooktop, Gas Range, Microwave, Vented Exhaust Fan
FlooringCarpet, Ceramic Tile, Laminate

Building Information

Year Built2001
Stories2
Roof Type105
Garage Spaces1

Land Information

APNR-4710-00K-0130-1
Lot Number13
SubdivisionVirginia Hills Addition Phase Three (Cmc
Land UseResidential
Legal DescriptionVIRGINIA HILLS ADDITION PHASE THREE (CMC), BLK K, LOT 13
Census Tract030524
Assessed Land Value$90,000
Assessed Improvement Value$286,275
Assessment Year2025

About this property

PROSPER SCHOOLS! Welcoming, warm and bright 2 story home in an unbeatable location. All new carpets. Plenty of room for growing family. First floor includes two spacious living rooms and a dining room. Flexible living space options here. Open and updated kitchen, eat-in area and family room. Granite counter tops, walk-in pantry, separate laundry room and a half-bath on first floor. Second floor offers a split bedroom plan plus a family area or office. Primary bedroom features an en-suite with a separate shower , jetted garden tub and a big walk-in closet. Large fenced yard for play and BBQs. Just minutes away from parks, major shopping and dining. Welcome Home!

Investor Tools

Property Icon
$395,000
Estimated Property Value
$0Estimated Mortgage Balance
$395,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,370 /month
Positive
Cash Flow Estimate:
$790 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$774/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,310
$376,275
2025
$90,000
$286,275
$376,275
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,310
$376,275

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$395,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,700/mo
N/A
+$2,700/mo
8.2%

City: McKinney

704 Richmond Dr | Property Details | No Agent List