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$374,300

NAL Estimated Property Value

704 Wichita Trl, McKinney, TX, 75071

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,664 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$204.27 / sqft
Year BuiltBuilt in 2013

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Range, Microwave

Building Information

Year Built2013
Stories1
Garage Spaces2

Land Information

APNR-8925-00B-0140-1
Lot Number14
SubdivisionPecan Ridge Estates Phase One (Cmc)
Land UseResidential
Legal DescriptionPECAN RIDGE ESTATES PHASE ONE (CMC), BLK B, LOT 14
Census Tract030701
Assessed Land Value$120,000
Assessed Improvement Value$254,300
Assessment Year2025

About this property

Welcome home to this impeccably maintained, one owner, 3-bedroom, 2-bath, 2-car garage home in the heart of McKinney, Texas! From the moment you arrive, you'll appreciate the pride of ownership and exceptional care that shines throughout this beautiful property. Inside, you'll find stunning wood-look flooring that flows through the main living areas, creating a warm and inviting atmosphere. The spacious kitchen features granite countertops, stainless steel appliances, abundant cabinet space, and a functional layout perfect for everyday living and entertaining. The open-concept design offers comfortable living spaces filled with natural light and seamless flow between the kitchen, dining, and family room. The private primary suite provides a relaxing retreat, while two additional bedrooms offer flexibility for family, guests, or a home office. A major bonus is the class 4 hail resistant roof, which was replaced just one year ago, providing added value, peace of mind. A hail resistant roof can provide a sizable insurance savings for the new owner. Home includes the washer, dryer, and refrigerator. Every detail of this home has been thoughtfully maintained, making it truly move-in ready. Conveniently located near Collin College, Oak Hollow Golf Course, and Historic Downtown McKinney, you'll enjoy easy access to shopping, dining, entertainment, parks, and major commuter routes. Whether you're looking for a charming place to call home or a property in one of McKinney's most desirable locations, this home offers the perfect combination of comfort, convenience, and value. Don't miss your opportunity to own this beautifully cared-for McKinney home!

Investor Tools

Property Icon
$374,300
Estimated Property Value
$149,749Estimated Mortgage Balance
$225,046Estimated Equity
59% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,246 /month
Positive
Cash Flow Estimate:
$749 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$533/month
$360/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,520
$374,300
2025
$120,000
$254,300
$374,300
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,520
$374,300

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Universal American Mortgage Co
Conventional
$169,635
No
First
Apr 30, 2013
May 2043

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$149,749
$224,551
59%
40%
$1,249/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,700/mo
$1,609/mo
+$1,091/mo
8.7%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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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704 Wichita Trl | Property Details | No Agent List