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$587,167

NAL Estimated Property Value

8005 Deep Water Cove, McKinney, TX, 75071

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths2,735 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$201.1 / sqft
Year BuiltBuilt in 2019

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3.5Bathrooms Full 3.5
AppliancesDishwasher, Disposal, Gas Cooktop, Microwave, Double Oven
FlooringCarpet, Ceramic Tile, Wood

Building Information

Year Built2019
Stories2
Garage Spaces3

Land Information

APNR-10941-00Q-0150-1
Lot Number15
SubdivisionTrinity Falls Planning Unit 2 Phase 2
Land UseResidential
Legal DescriptionTRINITY FALLS PLANNING UNIT 2 PHASE 2, BLK Q, LOT 15
Census Tract030202
Assessed Land Value$140,000
Assessed Improvement Value$447,167
Assessment Year2025

About this property

Discover your dream home in the highly sought-after community of Trinity Falls! This stunning 4-BR, 3.5-bath residence offers the perfect blend of luxury and comfort, designed for both family living and entertaining. Upon entry, you're greeted by elegant hardwood floors that flow seamlessly through the main living areas and soaring 20' ceilings, creating an open and airy ambiance. The floor to ceiling tiled fireplace mantel is a focal point of the large living room. Designed with style and functionality in mind, this home is crafted to elevate your lifestyle. The kitchen features a HUGE island, quartz counters, stainless steel appliances, a gas cooktop, and a large walk-in pantry, ideal for culinary enthusiasts. The open-concept layout allows for effortless interaction with family and guests while cooking. A dedicated study with French doors provides a serene space for work or relaxation. The private primary BR suite is a true retreat, boasting a spa-like ensuite with dual vanities, a spacious walk-in shower, and a custom-made walk-in closet. A covered patio and a backyard designed for easy maintenance with synthetic turf, giving you more time to enjoy outdoor living. The 3-car tandem garage offers ample storage or workshop space. Trinity Falls offers a plethora of amenities to experience, including a resort-style pool, multiple playgrounds, and a fitness center. The community is also rich with walking and biking trails, catch-and-release ponds, pickleball courts, two clubhouses, a dog park, and an outdoor pavilion that hosts concerts and activities nearly every weekend. Visit today and see why Trinity Falls has become such a popular community. Multiple offers received, seller in process of making a decision.

Investor Tools

Property Icon
$587,167
Estimated Property Value
$430,930Estimated Mortgage Balance
$156,237Estimated Equity
26% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,523 /month
Positive
Cash Flow Estimate:
$1,174 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$899/month
$375/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,853
$587,167
2025
$140,000
$447,167
$587,167
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,853
$587,167

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First United Bank & Trust Co
Conventional
$440,000
No
First
Mar 6, 2025
Apr 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$430,930
$156,237
26%
73%
$2,639/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,520/mo
$3,014/mo
+$506/mo
7.2%

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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8005 Deep Water Cove | Property Details | No Agent List