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$365,525

7521 Paramount Dr, McKinney, TX, 75071

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,348 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$278.19 / sqft
Year BuiltBuilt in 2019

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
AppliancesDishwasher, Disposal, Dryer, Gas Range, Microwave, Refrigerator, Washer
FlooringCarpet, Vinyl

Exterior

Exterior FeaturesRain Gutters
Lot Size5,207 sqft

Building Information

Year Built2019
Stories1
Garage Spaces2

Land Information

APNR-11848-00F-0130-1
Lot Number13
SubdivisionWeston Ridge Phase I
Land UseResidential
Legal DescriptionWESTON RIDGE PHASE I, BLK F, LOT 13
Census Tract030202
Assessed Land Value$100,000
Assessed Improvement Value$265,525
Assessment Year2025

About this property

Extremely well maintained and absolutely spotless single story home with an open floor plan. Beautiful luxury vinyl plank flooring extends throughout most of the home. Spacious living room has a cozy fireplace with gas logs. Light and bright kitchen features painted cabinetry, stainless steel appliances, gas range, granite counters and a convenient breakfast bar. Private master suite overlooks the backyard and features a lovely bath with dual sinks, a walk-in closet and a separate tub and shower. You will love the landscaped backyard with a wonderful covered pergola, which is perfect for enjoying the outdoors. Updates include roof 2021, recently stained fence, stone and brick beds with landscaping, outdoor lighting, frameless glass enclosure in hall bathroom, smart home features. Refrigerator, washer and dryer remain with the home.

Investor Tools

Property Icon
$365,525
Estimated Property Value
$233,691Estimated Mortgage Balance
$162,207Estimated Equity
36% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,250 /month
Positive
Cash Flow Estimate:
$750 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$299/month
$450/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,760
$365,525
2025
$100,000
$265,525
$365,525
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,760
$365,525

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Dhi Mortgage Company Ltd
Conventional
$233,691
No
First
Oct 31, 2019
Nov 2049

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$203,318
$162,207
44%
56%
$1,402/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,700/mo
$1,852/mo
+$848/mo
8.9%

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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