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$294,900

713 Wichita Trail, McKinney, TX, 75071

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,847 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$159.66 / sqft
Year BuiltBuilt in 2014

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Microwave, Plumbed For Ice Maker, Refrigerator, Vented Exhaust Fan, Electric Water Heater
FlooringCarpet, Ceramic Tile, Laminate, Wood

Exterior

Exterior FeaturesRain Gutters

Building Information

Year Built2014
Stories1
Garage Spaces2

Land Information

APNR-8925-00C-0130-1
Lot Number13
SubdivisionPecan Ridge Estates Phase One (Cmc)
Land UseResidential
Legal DescriptionPECAN RIDGE ESTATES PHASE ONE (CMC), BLK C, LOT 13
Census Tract030701
Assessed Land Value$126,000
Assessed Improvement Value$274,501
Assessment Year2025

About this property

Cute as a Button home featuring a dedicated Study with Glass French Doors for privacy. All bedrooms separate from each other. Open Concept with Granite Counters in Kitchen & Cozy Corner Wood-Burning fireplace. Master Suite boasts a Great Soaker Tub, Separate Shower, Dual Sinks & Roomy Walk-In Closet. Walking distance to Elementary school Easy access to Hwy 75 for commuters. PINE RIDGE ESTATES IS LOCATED IN MCKINNEY, TEXAS WHICH WAS RECENTLY CITED BY MONEY MAGAZINE AS ONE OF THE BEST PLACES TO LIVE IN THE COUNTRY. WITHIN A TEN MILE RADIUS OF OUR COMMUNITY, YOU'LL FIND WORLD CLASS SHOPPING, DINING, MOVIES, SPORTING EVENTS AND FINE ARTS VENUES. WELCOME HOME!

Investor Tools

Property Icon
$400,501
Estimated Property Value
$0Estimated Mortgage Balance
$133,432Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,403 /month
Positive
Cash Flow Estimate:
$801 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$757/month
$300/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,084
$400,501
2025
$126,000
$274,501
$400,501
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,084
$400,501

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cherry Creek Mortgage Co Inc
Conventional
$295,850
No
First
Apr 12, 2021
May 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$267,069
$133,432
33%
67%
$1,774/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,520/mo
$2,074/mo
+$1,446/mo
10.5%

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.

Explore Texas Explore This Area
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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