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$1,074,000

NAL Estimated Property Value

7412 Cormac St, McKinney, TX, 75071

Off MarketInfo
Beds6 Beds
Baths5 Bath
Baths4,188 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$259.07 / sqft
Year BuiltBuilt in 2020

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 6Bedrooms 6
Bathrooms Full 4.5Bathrooms Full 4.5
AppliancesDishwasher, Disposal, Gas Cooktop, Microwave, Double Oven, Tankless Water Heater
FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesBalcony, Rain Gutters, Private Yard
Lot Size9,177 sqft

Building Information

Year Built2020
Stories2
Garage Spaces2

Land Information

APNR-11313-0BB-0050-1
Lot Number5
SubdivisionTucker Hill Phase 4 (Cmc)
Land UseResidential
Legal DescriptionTUCKER HILL PHASE 4 (CMC), BLK BB, LOT 5
Census Tract030301
Assessed Land Value$220,000
Assessed Improvement Value$776,641
Assessment Year2025

About this property

Welcome to your dream home nestled in the coveted Tucker Hill neighborhood, where front porch living encapsulates the essence of community and charm. This exquisite residence boasts a rare offering of six spacious bedrooms, including a luxurious primary suite and convenient guest suite both situated on the first floor. Designed for the entertainer, this home features an open floor plan that seamlessly integrates living, dining, and kitchen areas. A private office allows for a quiet workspace. The interiors are awash with natural light, creating an inviting atmosphere. Experience the ultimate in indoor-outdoor living with expansive front and rear porches. If desired, the large backyard awaits your vision of a tropical oasis, being pool-ready for those warm TX summers. Upstairs, indulge in entertainment with a dedicated game room and media room. An oversized 2 car garage offers ample storage. Prosper ISD. This is more than a house; it's a lifestyle waiting for you to call it home.

Investor Tools

Property Icon
$1,074,000
Estimated Property Value
$741,383Estimated Mortgage Balance
$332,617Estimated Equity
30% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$6,510 /month
Positive
Cash Flow Estimate:
$2,170 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,673/month
$475/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$14,707
$996,641
2025
$220,000
$776,641
$996,641
No

Tax History

Year
Tax Paid
Assessed Value
2024
$14,707
$996,641

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Secure Choice Lending
Conventional
$766,550
No
First
Jul 11, 2024
Aug 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$741,383
$332,617
30%
69%
$4,596/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.

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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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7412 Cormac St | Property Details | No Agent List