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$306,900

NAL Estimated Property Value

7748 Ruellia Rd, McKinney, TX, 75071

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,262 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$241.68 / sqft
Year BuiltBuilt in 2022

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
AppliancesDishwasher, Disposal, Electric Oven, Microwave, Vented Exhaust Fan
FlooringTile

Building Information

Year Built2022
Stories1
Garage Spaces2

Land Information

APNR-12474-00X-0290-1
Lot Number29
SubdivisionPreserve At Honey Creek Phase 3 (Cmc)
Land UseResidential
Legal DescriptionPRESERVE AT HONEY CREEK PHASE 3 (CMC), BLK X, LOT 29
Census Tract030202
Assessed Land Value$90,000
Assessed Improvement Value$216,900
Assessment Year2025

About this property

Welcome to this beautifully upgraded one-story home located in the rapidly growing Preserve at Honey Creek in North McKinney. Featuring 3 bedrooms, 2 bathrooms, and 1,262 square feet of thoughtfully designed living space, this home blends modern comfort with custom charm. From the moment you step inside, you'll notice the attention to detail that sets this home apart from standard builder finishes. The open floor plan is enhanced with tile flooring throughout—no carpet here—offering a clean, cohesive look that’s both stylish and low-maintenance. The home features custom wainscoting in the living room, one of the bedrooms, and a bathroom, adding character and depth to the design. Freshly painted in warm, inviting tones, the interior creates a cozy and welcoming ambiance. Tasteful window treatments complement the updated paint and further enhance the home's aesthetic. The kitchen and bathrooms boast updated cabinetry hardware and modern plumbing fixtures, while a new ceiling fan in the living room adds both comfort and function. From your walk up to the house don't miss the custom railing on the front porch making a great space to sit and enjoy a cup of morning coffee. Step outside to enjoy the newly added back deck—an ideal spot for relaxing or entertaining while enjoying the outdoors. Don’t miss your chance to own this move-in-ready gem in a thriving community. It truly stands out from the rest! Book your showing today. One hour notice needed. Lender incentive available- Please contact agent for more information. A lender credit is a financial incentive provided by the lender, calculated as a flat credit or percentage of the loan amount, to help reduce the borrower’s upfront costs at closing. This credit can be applied toward closing costs or used to buy down the interest rate, providing flexibility for the borrower to customize their loan based on their financial goals.

Investor Tools

Property Icon
$306,900
Estimated Property Value
$262,011Estimated Mortgage Balance
$44,889Estimated Equity
14% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,841 /month
Positive
Cash Flow Estimate:
$614 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$475/month
$725/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,160
$306,900
2025
$90,000
$216,900
$306,900
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,160
$306,900

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
New American Funding
Conventional
$265,500
No
First
Aug 20, 2025
Sep 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$262,011
$44,889
14%
85%
$1,592/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,700/mo
$2,317/mo
+$383/mo
10.6%

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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7748 Ruellia Rd | Property Details | No Agent List