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$515,000

709 Old Salado Rd, McKinney, TX, 75071

PendingInfo
Beds4 Beds
Baths4 Bath
Baths2,697 Sq Ft
price_per_sqft$190.95 / sqft
Year BuiltBuilt in 2014

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3.5Bathrooms Full 3.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Range, Gas Water Heater, Microwave
FlooringCarpet, Wood

Exterior

Exterior FeaturesRain Gutters
Lot Size6,438 sqft

Building Information

Year Built2014
Stories2
Garage Spaces2

Land Information

APNR-10545-00X-0880-1
Lot Number88
SubdivisionTrinity Falls Planning Unit 1 Phase 1a
Land UseResidential
Legal DescriptionTRINITY FALLS PLANNING UNIT 1 PHASE 1A, BLK X, LOT 88
Census Tract030202
Assessed Land Value$135,000
Assessed Improvement Value$406,436
Assessment Year2025

About this property

Welcome to this beautifully updated home in the highly sought-after master-planned community of Trinity Falls, where resort-style living meets everyday convenience. Perfectly situated on a quiet cul-de-sac and just a block from one of the community’s clubhouse, pool and soon to be fitness center, this home is truly move-in ready. Step inside to soaring two-story ceilings, rich wood flooring, and an inviting open-concept layout designed for both comfortable living and effortless entertaining. The stunning kitchen serves as the heart of the home, featuring stylish finishes, ample workspace, and seamless flow into the spacious living area anchored by a gorgeous fireplace. A dedicated home office provides the perfect work-from-home space, while the upstairs game room offers additional room to relax, play, or gather with friends and family. Outside, you'll find a huge backyard and covered patio, creating the ideal setting for outdoor entertaining, family fun, or simply enjoying a quiet evening at home. Life in Trinity Falls is unlike any other. This vibrant golf cart community offers an incredible array of amenities, including resort-style pools, clubhouses, fitness centers, lakes, hike & bike trails, playgrounds, splash pads, a dog park, and community events. Families will appreciate the onsite elementary school and award-winning McKinney ISD. Tucked away from the hustle and bustle, yet conveniently located just minutes from shopping, dining, and entertainment, you'll enjoy easy access to Highways 75, 380, and 121, making commuting throughout DFW a breeze. Plus, you'll be near the upcoming $300 million Sunset Amphitheater in McKinney and only about 30 minutes from the new Universal Kids Resort in Frisco. This is more than just a home—it's a lifestyle. Offering the perfect blend of luxury, comfort, convenience, and community, this exceptional home is ready to welcome its next owners. Don't miss your opportunity to experience everything Trinity Falls has to offer.

Investor Tools

$374,652Estimated Mortgage Balance
$168,673Estimated Equity
30% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,249 /month
Positive
Cash Flow Estimate:
$1,083 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$726/month
$393/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,000
$541,436
2025
$135,000
$406,436
$541,436
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,000
$541,436

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Swbc Mortgage Corp
Conventional
$427,500
No
First
Jul 15, 2021
Aug 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$374,652
$166,784
30%
69%
$1,606/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,520/mo
$1,999/mo
+$1,521/mo
7.8%

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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709 Old Salado Rd | Property Details | No Agent List