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$445,604

7400 Mitchell Dr, McKinney, TX, 75070

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,974 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$1.27 / sqft
Year BuiltBuilt in 2016

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2.5Bathrooms Full 2.5
AppliancesDishwasher, Disposal, Gas Range, Microwave, Refrigerator
FlooringCarpet, Ceramic Tile, Wood

Building Information

Year Built2016
Stories2
Garage Spaces2

Land Information

APNR-10948-00D-0190-1
Lot Number19
SubdivisionGreens At Stacy Crossing The (Cmc)
Land UseResidential
Legal DescriptionGREENS AT STACY CROSSING THE (CMC), BLK D, LOT 19
Census Tract030543
Assessed Land Value$105,000
Assessed Improvement Value$340,604
Assessment Year2025

About this property

Come and check out this beautiful townhome that is conveniently located close to HUB-121 and Farms where you can enjoy great food and entertainment. A super nice townhouse was built by one of the premier builders CB Jenni and has a perfect, open living-dining kitchen concept. It creates an ideal space for entertaining where you can effortlessly prepare food and enjoy the company of your friends. All bedrooms and a loft where you can read your favorite books are conveniently located upstairs. And don’t miss a beautiful community pool where you can cool down during hot summer days. Come and see it now!

Investor Tools

Property Icon
$445,604
Estimated Property Value
$219,975Estimated Mortgage Balance
$255,460Estimated Equity
51% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,674 /month
Positive
Cash Flow Estimate:
$891 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$799/month
$750/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,363
$445,604
2025
$105,000
$340,604
$445,604
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,363
$445,604

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Plaza Home Mortgage Inc
Conventional
$219,975
No
First
Jul 15, 2019
Aug 2049

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$190,144
$255,460
57%
43%
$1,319/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,440/mo
$2,069/mo
+$371/mo
6.6%

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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7400 Mitchell Dr | Property Details | No Agent List