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Days2918Days on Market
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$755,000

7508 Hanover St, McKinney, TX, 75071

On MarketInfo
Beds4 Beds
Baths3 Bath
Baths3,073 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$245.69 / sqft
Year BuiltBuilt in 2018

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3.5Bathrooms Full 3.5
AppliancesDishwasher, Disposal, Microwave
FlooringCarpet, Ceramic Tile, Wood

Exterior

Lot Size5,773 sqft

Building Information

Year Built2018
Stories2
Garage Spaces3

Land Information

APNR-11313-0DD-0230-1
Lot Number23
SubdivisionTucker Hill Phase 4 (Cmc)
Land UseResidential
Legal DescriptionTUCKER HILL PHASE 4 (CMC), BLK DD, LOT 23
Census Tract030301
Assessed Land Value$190,000
Assessed Improvement Value$616,093
Assessment Year2025

About this property

Perfectly positioned across from a picturesque greenbelt in the highly sought after Tucker Hill community, this beautiful home combines timeless architecture with modern comfort in one of McKinney’s most desirable neighborhoods. Enjoy resort style amenities, an exceptional sense of community, and zoning to acclaimed Prosper ISD. Thoughtfully designed with 4 bedrooms, 3.5 bathrooms, and a private office featuring a substantial walk in closet that can easily function as a fifth bedroom, this versatile floor plan adapts to every stage of life. Light filled living spaces flow effortlessly into an open concept kitchen complete with granite countertops, abundant cabinetry, and generous prep space, creating the perfect setting for everyday living and entertaining. The spacious primary suite offers a relaxing retreat with dual sinks, a large walk in shower, and plenty of room to unwind. Well sized secondary bedrooms and bathrooms provide comfort and privacy for family and guests. Outside, enjoy a low maintenance backyard featuring a hot tub, ideal for relaxing year round, along with a rainwater collection system that adds efficiency and sustainability. A spacious 3 car garage provides ample room for vehicles, storage, and recreational equipment. Residents of Tucker Hill enjoy exceptional amenities including a resort style pool, clubhouse, parks, and playgrounds, all just minutes from shopping, dining, and major commuter routes. This is an incredible opportunity to own a home that offers timeless style and thoughtful functionality. (Professional Photos coming soon**** )

Investor Tools

Property Icon
$806,093
Estimated Property Value
$351,700Estimated Mortgage Balance
$492,997Estimated Equity
56% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,837 /month
Positive
Cash Flow Estimate:
$1,612 /month

Interested in this property?

Melanie Caple

Caple & Company

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,220/month
$520/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,610
$806,093
2025
$190,000
$616,093
$806,093
No

Tax History

Year
Tax Paid
Assessed Value
2024
$10,610
$806,093

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Wyndham Capital Mortgage Inc
Conventional
$351,700
No
First
Nov 5, 2020
Dec 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$313,096
$492,997
61%
39%
$2,109/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,520/mo
$2,629/mo
+$891/mo
5.2%

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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7508 Hanover St | Property Details | No Agent List