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$612,068

NAL Estimated Property Value

8016 Champion Creek Dr, McKinney, TX, 75071

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths3,000 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$220 / sqft
Year BuiltBuilt in 2018

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Microwave, Tankless Water Heater, Vented Exhaust Fan
FlooringCarpet, Ceramic Tile, Vinyl

Exterior

Exterior FeaturesAwning(s), Rain Gutters, Lighting

Building Information

Year Built2018
Stories2
Garage Spaces2

Land Information

APNR-10941-00Q-0080-1
Lot Number8
SubdivisionTrinity Falls Planning Unit 2 Phase 2
Land UseResidential
Legal DescriptionTRINITY FALLS PLANNING UNIT 2 PHASE 2, BLK Q, LOT 8
Census Tract030202
Assessed Land Value$147,000
Assessed Improvement Value$465,068
Assessment Year2025

About this property

Luxury home with over $150k in upgrades that make this a great home and investment. You will love the tall ceilings, and all of the built-in storage. All of the lighting inside has been upgraded. You'll notice a designers touch with new flooring and high-end finishes throughout. The primary bedroom gives you a large retreat and a full closet revamp to add space and organization. Don't forget about the car charging station that's on everyone's list for must haves. Upstairs is a great media room wired for surround and game room to keep the party going. You'll have to see the walk-in attic upgrade to believe how big it is and start living your dreams. The backyard is the ultimate retreat with an eight person salt water spa and tv built into the gazebo with an extended patio! Extra trees and lighting were added for privacy and a true resort feel. Trinity Falls offers pools, splash pads, trails, dog parks, clubs and a fitness center. Trinity Falls has a top rated elementary and middle school right in the community.

Investor Tools

Property Icon
$612,068
Estimated Property Value
$563,264Estimated Mortgage Balance
$48,804Estimated Equity
7% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,960 /month
Positive
Cash Flow Estimate:
$1,320 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$758/month
$375/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,040
$612,068
2025
$147,000
$465,068
$612,068
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,040
$612,068

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Pfn Lending Group Inc
Fha
$573,361
Yes
First
May 2, 2025
Jun 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$563,264
$48,804
7%
92%
$3,438/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,520/mo
$3,813/mo
$-293/mo
6.9%

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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8016 Champion Creek Dr | Property Details | No Agent List