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$618,445

NAL Estimated Property Value

8004 Rocky Mountain Lane, McKinney, TX, 75070

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,855 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$140.11 / sqft
Year BuiltBuilt in 2008

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Microwave, Plumbed For Ice Maker, Gas Water Heater
FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesRain Gutters, Lighting

Building Information

Year Built2008
Stories2
Garage Spaces2

Land Information

APNR-9227-00P-0160-1
Lot Number16
SubdivisionAspendale Phase 2 (Cmc)
Land UseResidential
Legal DescriptionASPENDALE PHASE 2 (CMC), BLK P, LOT 16
Census Tract030517
Assessed Land Value$170,000
Assessed Improvement Value$448,445
Assessment Year2025

About this property

Welcome home to this beautiful Highland Home 2 story located in highly sought after Aspendale subdivision within Stonebridge Ranch & Frisco ISD. Upon entry of this well maintained home, one is met with a 2 story foyer, gorgeous handscraped hard wood floors, & abundant natural light. The open concept kitchen includes granite counters, gas stove, travertine tile back splash, butler's pantry & island bar stool seating. Family room showcases a stunning floor to ceiling stone gas fireplace with raised hearth. Flexible floor plan offers 2 bedrooms downstairs. Perfect for guests, in-laws, young children or home office. Upstairs features split bedrooms, game & media room perfect for family movie & game night.

Investor Tools

Property Icon
$618,445
Estimated Property Value
$283,718Estimated Mortgage Balance
$334,727Estimated Equity
54% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,711 /month
Positive
Cash Flow Estimate:
$1,237 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$937/month
$800/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,151
$618,445
2025
$170,000
$448,445
$618,445
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,151
$618,445

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Canopy Mortgage Llc
Conventional
$320,000
No
First
Jul 10, 2020
Aug 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$283,718
$334,727
54%
46%
$1,919/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,190/mo
$2,719/mo
+$471/mo
6.2%

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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8004 Rocky Mountain Lane | Property Details | No Agent List