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Owner Contacts

$609,682

NAL Estimated Property Value

7224 Caladium Dr, McKinney, TX, 75070

Off Market

3 Beds

4 Bath

2,357 Sq Ft

Single Family Residence

$245.23 / sqft

Built in 2018

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3

Bathrooms Full 3.5

AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Microwave, Double Oven, Tankless Water Heater, Vented Exhaust Fan

FlooringCarpet, Ceramic Tile, Hardwood

Exterior

Exterior FeaturesCovered Courtyard, Rain Gutters

Building Information

Year Built2018

Stories2

Garage Spaces2

Land Information

APNR-11397-00F-0370-1

Lot Number37

SubdivisionSpicewood At Craig Ranch Phase 2 (Cmc)

Land UseResidential

Legal DescriptionSPICEWOOD AT CRAIG RANCH PHASE 2 (CMC), BLK F, LOT 37

Census Tract030542

Assessed Land Value$140,000

Assessed Improvement Value$469,682

Assessment Year2025

About this property

Stunning David Weekley home filled with high-end finishes & impressive upgrades in this Craig Ranch Spicewood community. Bottom floor features Warm wood floors throughout along with Private Home Office with French Doors. The Gorgeous chef inspired kitchen is complete featuring white cabinetry, stainless steel appliances, quartz counter tops, grand center island, gas cooktop, double ovens and walk-in pantry. Kitchen is open to Dining and Living Area with gas FP with custom stacked stone finish & mantle. Upstairs features wrought iron balusters, two guest bedrooms with ensuites and a spacious primary suite with an oversized walk-in shower, granite counters with double vanities and huge walk-in closet. Covered side patio is maintenance free and HOA takes care of front yard maintenance. Stay busy with all the Craig Ranch amenities: TPC Golf Course, fitness center with an aerobics studio, dog parks, basketball court and indoor walking track and much more!

Investor Tools

$609,682

Estimated Property Value

$399,082Estimated Mortgage Balance

$210,600Estimated Equity

34% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$3,658 /month

Positive

Cash Flow Estimate:

$1,219 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$1,039/month

$470/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$9,416

$609,682

2025

$140,000

$469,682

$609,682

Tax History

Year

Tax Paid

Assessed Value

2024

$9,416

$609,682

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Wintex Group Llc

Conventional

$426,000

First

Dec 30, 2022

Jan 2053

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$399,082

$210,600

34%

65%

$2,555/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,440/mo

$3,025/mo

$-585/mo

4.8%

Learn About the Market: Opportunity in Texas

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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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