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$414,000

804 Charlotte Dr, McKinney, TX, 75071

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,065 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.11 / sqft
Year BuiltBuilt in 2002

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Range
FlooringCarpet, Wood

Building Information

Year Built2002
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR-4965-00S-0240-1
Lot Number24
SubdivisionVirginia Hills Addition Phase Four (Cmc)
Land UseResidential
Legal DescriptionVIRGINIA HILLS ADDITION PHASE FOUR (CMC), BLK S, LOT 24
Census Tract030524
Assessed Land Value$90,000
Assessed Improvement Value$301,149
Assessment Year2025

About this property

Lovely 3-bed, 2-bath + study in McKinney's Virginia Hills! Move-in ready! BRAND NEW CARPET IN ALL BEDROOMS! Spacious open floor plan with updated flooring, neutral paint colors, designer lighting, built-ins, and custom details throughout! Bright kitchen features stainless steel appliances, gas cooktop, farm sink, white cabinets, and custom shiplap bar and backsplash. Private master suite with tiled shower, garden tub, and walk-in closet. Perfect backyard for entertaining, complete with deck and plenty of space to play! Conveniently located near shopping, restaurants, and highways. Pets approved case by case basis.

Investor Tools

Property Icon
$414,000
Estimated Property Value
$251,750Estimated Mortgage Balance
$195,915Estimated Equity
39% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,484 /month
Positive
Cash Flow Estimate:
$828 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$831/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,906
$391,149
2025
$90,000
$301,149
$391,149
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,906
$391,149

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Jg Wentworth Home Lending Inc
Conventional
$251,750
No
First
Aug 19, 2019
Sep 2049

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$218,085
$195,915
47%
53%
$1,510/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,700/mo
$1,510/mo
+$1,190/mo
7.8%

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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804 Charlotte Dr | Property Details | No Agent List