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$553,551

NAL Estimated Property Value

7605 W Fork Ln, McKinney, TX, 75071

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths2,813 Sq Ft
price_per_sqft$177.74 / sqft
Year BuiltBuilt in 2016

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3.5Bathrooms Full 3.5
AppliancesDishwasher, Disposal, Gas Cooktop, Gas Range, Microwave, Plumbed For Ice Maker
FlooringCarpet, Ceramic Tile, Wood

Exterior

Private PoolPrivate Pool
Lot Size6,698 sqft

Building Information

Year Built2016
Stories2
Garage Spaces2

Land Information

APNR-10745-00G-0210-1
Lot Number21
SubdivisionTrinity Falls Planning Unit 1 Phase 2b
Land UseResidential
Legal DescriptionTRINITY FALLS PLANNING UNIT 1 PHASE 2B, BLK G, LOT 21
Census Tract030202
Assessed Land Value$135,000
Assessed Improvement Value$418,551
Assessment Year2025

About this property

Fabulous Home in highly sought after neighborhood of Trinity Falls. Fall in love with the beautiful kitchen which includes granite countertops, under mounted sink, and upgraded gas range. Carpet in Master and Study and including the upstairs. Second story with three bedrooms up and a large playroom or living area. Large Yard with extended patio, oversized utility room including granite with custom cabinets, and custom lighting in kitchen finish out the upgrade list. Act quick this home will not last long.

Investor Tools

Property Icon
$553,551
Estimated Property Value
$444,977Estimated Mortgage Balance
$108,574Estimated Equity
19% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,321 /month
Positive
Cash Flow Estimate:
$1,107 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$744/month
$300/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,165
$553,551
2025
$135,000
$418,551
$553,551
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,165
$553,551

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Laxmi Narayan Enterprises Inc
Conventional
$485,450
No
First
Dec 30, 2021
Jan 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$444,977
$108,574
19%
80%
$2,911/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,520/mo
$3,211/mo
+$309/mo
7.6%

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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7605 W Fork Ln | Property Details | No Agent List