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$458,752

NAL Estimated Property Value

809 Brookwater Drive, McKinney, TX, 75071

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,357 Sq Ft
price_per_sqft$161.22 / sqft
Year BuiltBuilt in 2003

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2.5Bathrooms Full 2.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Gas Range
FlooringCeramic Tile, Wood

Building Information

Year Built2003
Stories2
Garage Spaces1

Land Information

APNR-4767-00O-0120-1
Lot Number12
SubdivisionVillages Of Lake Forest Phase Iii (Cmc)
Land UseResidential
Legal DescriptionVILLAGES OF LAKE FOREST PHASE III (CMC), BLK O, LOT 12
Census Tract030548
Assessed Land Value$120,000
Assessed Improvement Value$338,752
Assessment Year2025

About this property

MULTIPLE OFFERS RECEIVED, Please submit by Monday feb 1st at 9PM. Beautiful home with open floor plan! 3 bedrooms, formal dining, game area and an office with updated flooring throughout! Large backyard, with amazing pool with waterfall and slide! Excellent location near schools, shops and restaurants!

Investor Tools

Property Icon
$458,752
Estimated Property Value
$333,147Estimated Mortgage Balance
$125,605Estimated Equity
27% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,753 /month
Positive
Cash Flow Estimate:
$918 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$862/month
$450/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,054
$458,752
2025
$120,000
$338,752
$458,752
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,054
$458,752

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Caliber Home Loans Inc
Conventional
$370,500
No
First
Feb 25, 2021
Mar 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$333,147
$125,605
27%
73%
$2,222/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,700/mo
$2,672/mo
+$28/mo
7.1%

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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809 Brookwater Drive | Property Details | No Agent List