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Days62Days on Market
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$595,000

$615,000

7905 Purple Martin Way, McKinney, TX, 75072

On MarketInfo
Price DropInfo
Beds4 Beds
Baths3 Bath
Baths2,660 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$223.68 / sqft
Year BuiltBuilt in 2000

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Gas Water Heater, Microwave
FlooringCarpet, Ceramic Tile, Laminate

Exterior

Exterior FeaturesRain Gutters, Lighting, Private Yard

Building Information

Year Built2000
Stories2
Garage Spaces3

Land Information

APNR-4236-00D-0210-1
Lot Number21
SubdivisionEagle Creek (Cmc)
Land UseResidential
Legal DescriptionEAGLE CREEK (CMC), BLK D, LOT 21
Census Tract030529
Assessed Land Value$147,000
Assessed Improvement Value$413,121
Assessment Year2025

About this property

3-Car Tandem Garage! Large Backyard with Beautiful Covered Patio! Home Office! Located in the quiet Village of Eagle Creek in highly sought-after Stonebridge Ranch, this beautifully maintained home offers space, comfort, and lifestyle. Filled with natural light, the home features a spacious family room with soaring ceilings and wide windows overlooking the beautiful backyard, creating an inviting space to relax or gather with family and friends. The kitchen is designed for both everyday living and entertaining, complete with SS appliances, granite countertops and abundant prep space. The spacious primary suite provides a peaceful retreat, featuring a remodeled bathroom with a brand-new vanity, updated flooring, decorative lighting, a glass shower, and a relaxing garden tub. The home office offers flexibility for today’s lifestyle, while the 3-car tandem garage provides ample room for storage, hobbies, or additional vehicles. Step outside to a large backyard with a gorgeous covered patio, perfect for morning coffee, weekend gatherings, or simply unwinding at the end of the day. Over the past few years, the home has been thoughtfully improved with updates including a renewed driveway, replaced AC unit, water heater, interior paint, enhanced landscaping, upscale kitchen venthood, fence improvements, and more giving the next owner added confidence and peace of mind. Living in Stonebridge Ranch means more than just owning a home, it’s about enjoying a true community lifestyle. Residents have access to resort-style pools, soon a newly reimagined beach club, tennis and pickleball courts, miles of scenic trails, beautiful lakes and ponds, parks, playgrounds, and a full calendar of community events, with even more exciting enhancements on the way. Conveniently located near the Apex Centre in McKinney, as well as two nearby pocket parks and the new HEB. With its welcoming feel, thoughtful updates, and unbeatable location, this home is ready to be enjoyed from day one.

Investor Tools

Property Icon
$609,000
Estimated Property Value
$348,000Estimated Mortgage Balance
$0Estimated Equity
43% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,654 /month
Positive
Cash Flow Estimate:
$1,218 /month

Interested in this property?

Glenda Fabregas

Monument Realty

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,023/month
$1,500/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,225
$560,121
2025
$147,000
$413,121
$560,121
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,225
$560,121

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Everett Financial Inc
Conventional
$348,000
No
First
Sep 26, 2022
Oct 2037

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$647,402
N/A
0%
106%
$4,174/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,020/mo
$5,674/mo
$-2,654/mo
6.0%

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.

Explore Texas Explore This Area
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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7905 Purple Martin Way | Property Details | No Agent List