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$550,000

7209 Faraday Lane, McKinney, TX, 75071

$671,748 ARVInfo
Off MarketInfo
Beds5 Beds
Baths4 Bath
Baths3,797 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$144.85 / sqft
Year BuiltBuilt in 2003

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 3.5Bathrooms Full 3.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Microwave, Plumbed For Ice Maker
FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesRain Gutters

Building Information

Year Built2003
Stories2
Garage Spaces2

Land Information

APNR-8071-00C-0110-1
Lot Number11
SubdivisionBrightwood (Cmc)
Land UseResidential
Legal DescriptionBRIGHTWOOD (CMC), BLK C, LOT 11
Census Tract030546
Assessed Land Value$175,000
Assessed Improvement Value$536,092
Assessment Year2025

About this property

Located in highly sought after Stonebridge Ranch, this AMAZING 5 BEDROOM HIGHLAND BUILT HOME is sure to please. Light & Bright with an Open Floor plan and plenty of Upgrades. This beauty features brand new hardwood flooring, carpet and fresh paint. Oversized Eat-in Kitchen is a DREAM, opens to living area, perfect for entertaining. Master & 2nd BR Down, 3 BR's with Gameroom and Fabulous Media Room up! An outdoor oasis awaits you in the backyard with covered patio and sparkling pool! Don't miss this fantastic home!

Investor Tools

Property Icon
$730,000
Estimated Property Value
$0Estimated Mortgage Balance
$478,398Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$671,747
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,380 /month
Positive
Cash Flow Estimate:
$1,460 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,251/month
$840/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$11,368
$711,092
2025
$175,000
$536,092
$711,092
No

Tax History

Year
Tax Paid
Assessed Value
2024
$11,368
$711,092

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Weichert Financial Services
Fha
$279,812
Yes
First
Feb 26, 2021
Mar 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$251,602
$478,398
65%
34%
$1,678/mo

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.

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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7209 Faraday Lane | Property Details | No Agent List