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$649,000

7417 E Fork Lane, McKinney, TX, 75071

On MarketInfo
Beds4 Beds
Baths4 Bath
Baths3,653 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$177.66 / sqft
Year BuiltBuilt in 2015

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3.5Bathrooms Full 3.5
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Gas Water Heater, Microwave, Vented Exhaust Fan
FlooringCarpet, Ceramic Tile, Vinyl

Exterior

Private PoolPrivate Pool
Exterior FeaturesRain Gutters, Outdoor Grill, Outdoor Kitchen
Lot Size7,500 sqft

Building Information

Year Built2015
Stories2
Garage Spaces2

Land Information

APNR-10640-00Q-0090-1
Lot Number9
SubdivisionTrinity Falls Planning Unit 1 Phase 1b
Land UseResidential
Legal DescriptionTRINITY FALLS PLANNING UNIT 1 PHASE 1B, BLK Q, LOT 9
Census Tract030202
Assessed Land Value$145,000
Assessed Improvement Value$542,597
Assessment Year2025

About this property

Welcome home to over 3,600 square feet of thoughtfully designed living space in this stunning 4-bedroom, 3.5-bath home located in highly sought-after Trinity Falls. Boasting exceptional drive-up appeal and designer finishes throughout, this home is has it all. A grand entrance welcomes you with cathedral ceiling showing the loft area of the floor above and a designated office space and half bath for guests. Moving into the heart of the home, find a spacious layout with an open concept feel, ideal for both everyday living and entertaining. The expansive kitchen opens seamlessly to a large living area and flows effortlessly to the incredible backyard retreat. The primary suite is conveniently located downstairs and features a luxurious ensuite with an oversized shower, dual vanities, and 3 walk-in closets. Upstairs offers three generously sized secondary bedrooms, one which includes an ensuite, perfect for guests or multigenerational living, a game room, and a large media room. Step outside to enjoy a beautifully designed outdoor living space complete with a very large covered patio, built-in dining area, outdoor kitchen and living area, and plenty of yard space to run and play. Ideally situated near dining, shopping, and entertainment, with easy access to Highway 75 for a quick commute to Dallas, Lake Texoma, and nearby Oklahoma destinations. This house has it all. For more information about Trinity Falls, check out the brochure in Transaction desk.

Investor Tools

$416,762Estimated Mortgage Balance
$270,835Estimated Equity
39% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,126 /month
Positive
Cash Flow Estimate:
$1,375 /month

Interested in this property?

Kevin Andrews

Local Pro Realty LLC

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$856/month
$393/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,831
$687,597
2025
$145,000
$542,597
$687,597
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,831
$687,597

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Quicken Loans Llc
Conventional
$459,000
No
First
Jul 9, 2021
Aug 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$416,762
$270,835
39%
61%
$2,752/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,520/mo
$3,145/mo
+$375/mo
6.1%

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.

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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7417 E Fork Lane | Property Details | No Agent List