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$409,900

7109 Black Cherry Ln, McKinney, TX, 75071

On MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,990 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$205.98 / sqft
Year BuiltBuilt in 2020

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 2Bathrooms 2
AppliancesDishwasher, Electric Cooktop, Electric Oven, Microwave, Refrigerator
FlooringCarpet, Laminate

Building Information

Garage Spaces2

About this property

Previous model home! This single-story Allegro floor plan offers 4 bedrooms and 2 bathrooms across 1,990 square feet in the desirable Preserve at Honey Creek community in McKinney, TX. Brick and siding exterior details give the home great curb appeal, while the open-concept layout inside features wood-look flooring, a spacious family room with a ceiling fan, and a dining room that flows easily from the kitchen. The kitchen offers durable cabinetry, stainless steel appliances, a center island, and a sunny breakfast nook with backyard views, plus a dedicated laundry room and a flexible office-study space. The primary suite includes carpet flooring, a private en-suite bath with a dual-sink vanity and walk-in shower, and generous closet space. Secondary bedrooms offer flexible space for family, guests, or hobbies, and a full guest bath completes the home. Out back, a covered patio and privacy-fenced yard offer plenty of room to relax or entertain. Preserve at Honey Creek offers residents access to multiple parks, a playground, and a resort-style pool, with easy access to US-75 and Highway 380,and McKinney's vibrant downtown for shopping and dining.

Investor Tools

$0Estimated Mortgage Balance
$414,660Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,488 /month
Positive
Cash Flow Estimate:
$829 /month

Interested in this property?

David Wyrick

Monument Realty

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$677/month
$833/month
5.947%

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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