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$626,000

NAL Estimated Property Value

7421 Elm Fork Dr, McKinney, TX, 75071

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths3,256 Sq Ft
price_per_sqft$195.02 / sqft
Year BuiltBuilt in 2015

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3.5Bathrooms Full 3.5
AppliancesSome Gas Appliances, Dishwasher, Gas Cooktop, Disposal, Plumbed For Gas, Vented Exhaust Fan
FlooringCarpet, Tile, Wood

Exterior

Lot Size8,957 sqft

Building Information

Year Built2015
Stories2
Garage Spaces2

Land Information

APNR-10640-00S-0030-1
Lot Number3
SubdivisionTrinity Falls Planning Unit 1 Phase 1b
Land UseResidential
Legal DescriptionTRINITY FALLS PLANNING UNIT 1 PHASE 1B, BLOCK S, LOT 3
Census Tract030202
Assessed Land Value$145,000
Assessed Improvement Value$477,228
Assessment Year2025

About this property

BACK ON MARKET NO FAULT TO SELLERS! Huge reduction priced to sell! Beautiful Ashton Woods home in highly desirable Trinity Falls! Gorgeous wood staircase upon entry! French doors lead to an oversized study. Formal dining area with upgraded butler's pantry! Modern kitchen with stainless steel appliances, gas cooktop, and ample counter space perfect for entertaining! Two-story living area with stone fireplace and breakfast nook. Primary bedroom with his and her closets! Upstairs is a loft game area, two bedrooms with shared bath, and one ensuite! Large covered patio and outdoor fireplace on a huge lot! Walking distance to clubhouse with pool and splash pad. Second amenity center with office space and gym now open! Frazier Elementary to be open this fall! Don't miss out on this home over 3000 sqft!

Investor Tools

Property Icon
$626,000
Estimated Property Value
$479,275Estimated Mortgage Balance
$146,725Estimated Equity
23% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,810 /month
Positive
Cash Flow Estimate:
$1,270 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$849/month
$370/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,058
$622,228
2025
$145,000
$477,228
$622,228
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,058
$622,228

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cefcu
Conventional
$500,000
No
First
Jun 16, 2023
Jul 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$479,275
$146,725
23%
77%
$2,839/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,520/mo
$3,209/mo
+$311/mo
6.7%

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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7421 Elm Fork Dr | Property Details | No Agent List