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$544,243

7305 Oak Leaf Dr, McKinney, TX, 75072

Off MarketInfo
Beds5 Beds
Baths3 Bath
Baths2,716 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.1 / sqft
Year BuiltBuilt in 2003

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 2.5Bathrooms Full 2.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Gas Water Heater, Vented Exhaust Fan
FlooringCarpet, Ceramic Tile, Vinyl, Wood

Building Information

Year Built2003
Stories2
Garage Spaces2

Land Information

APNR-8089-00A-0090-1
Lot Number9
SubdivisionCanyon Estates (Cmc)
Land UseResidential
Legal DescriptionCANYON ESTATES (CMC), BLK A, LOT 9
Census Tract030531
Assessed Land Value$136,500
Assessed Improvement Value$407,743
Assessment Year2025

About this property

Now available for lease in one of McKinney’s most sought-after locations, this beautifully maintained 5-bedroom home offers the perfect blend of space, functionality, and everyday convenience. Situated in a prime area, you’ll enjoy being within walking distance to Evans Middle School, Gabe Nesbitt Community Park, John and Judy Gay Library, PSA McKinney, and the APEX Centre—making it easy to stay active, connected, and engaged in the community. Plus, you’re just minutes from H-E-B, popular dining spots, shopping, and only one mile from the highly anticipated Trader Joe’s. Step inside and you’re immediately welcomed by a thoughtfully designed layout that balances comfort and versatility. A dedicated private study with built-in shelving creates the ideal work-from-home space, personal library, or quiet retreat—perfect for today’s lifestyle. The spacious primary suite, conveniently located on the main floor, offers a peaceful escape with a generously sized en-suite bathroom, creating a true retreat at the end of the day. The main living areas provide plenty of room to relax or entertain, with an easy flow that suits both everyday living and hosting guests. Upstairs, you’ll find four additional bedrooms, offering flexibility for growing households, guests, or creative use of space such as a game room, media room, or second office. Whether you need room to spread out or adapt the space to your needs, this home delivers. With its generous square footage, functional floor plan, electric car charger and unbeatable location near top amenities, this home is ideal for anyone seeking both comfort and convenience in a vibrant McKinney community. Don’t miss your chance to lease a spacious, well-appointed home in a location that truly has it all—homes like this don’t stay on the market long!

Investor Tools

Property Icon
$544,243
Estimated Property Value
$256,800Estimated Mortgage Balance
$316,559Estimated Equity
53% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,265 /month
Positive
Cash Flow Estimate:
$1,088 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$825/month
$250/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,177
$544,243
2025
$136,500
$407,743
$544,243
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,177
$544,243

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Conventional
$256,800
No
First
Jul 30, 2020
Sep 2035

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$227,684
$316,559
58%
42%
$1,540/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,020/mo
$1,790/mo
+$1,230/mo
6.7%

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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7305 Oak Leaf Dr | Property Details | No Agent List