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$292,490

NAL Estimated Property Value

7340 Woodpecker Drive, McKinney, TX, 75071

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,262 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$229 / sqft
Year BuiltBuilt in 2021

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
AppliancesDishwasher, Disposal, Gas Range
FlooringCarpet, Laminate

Exterior

Lot Size4,400 sqft

Building Information

Year Built2021
Stories1
Garage Spaces2

Land Information

APNR-12282-00P-0080-1
Lot Number8
SubdivisionPreserve At Honeycreek Phase 1 (Cmc)
Land UseResidential
Legal DescriptionPRESERVE AT HONEYCREEK PHASE 1 (CMC), BLK P, LOT 8
Census Tract030202
Assessed Land Value$81,000
Assessed Improvement Value$211,490
Assessment Year2025

About this property

Beautiful 2021-built home featuring 3 bedrooms, 2 bathrooms, and a clean, open-concept floor plan designed for comfortable everyday living and entertaining. The spacious primary suite offers a massive oversized walk-in closet, providing exceptional storage and functionality. Conveniently located within walking distance to two community parks, this neighborhood also offers incredible amenities including a resort-style pool, lazy river, and an amazing children’s playground. Nestled in the highly desirable town of McKinney, you’ll love the close proximity to countless restaurants, shopping, and entertainment options. With easy access to Highway 380 and US-75, this home is perfectly positioned for anyone wanting a peaceful suburban feel while staying close to everything the area has to offer.

Investor Tools

Property Icon
$292,490
Estimated Property Value
$215,193Estimated Mortgage Balance
$77,297Estimated Equity
26% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,755 /month
Positive
Cash Flow Estimate:
$585 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$446/month
$833/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,884
$292,490
2025
$81,000
$211,490
$292,490
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,884
$292,490

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Lennar Mortgage Llc
Conventional
$236,549
No
First
Sep 2, 2021
Oct 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$215,193
$77,297
26%
74%
$1,419/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,700/mo
$2,252/mo
+$448/mo
11.1%

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.

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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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7340 Woodpecker Drive | Property Details | No Agent List