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$625,000

8105 Purple Martin Way, McKinney, TX, 75072

On MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,901 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$215.44 / sqft
Year BuiltBuilt in 2001

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3.5Bathrooms Full 3.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Cooktop, Gas Water Heater, Microwave
FlooringCarpet, Ceramic Tile, Painted/Stained, Wood

Exterior

Exterior FeaturesRain Gutters

Building Information

Year Built2001
Stories2
Roof Type105
Garage Spaces3

Land Information

APNR-4236-00E-0040-1
Lot Number4
SubdivisionEagle Creek (Cmc)
Land UseResidential
Legal DescriptionEAGLE CREEK (CMC), BLK E, LOT 4
Census Tract030529
Assessed Land Value$154,000
Assessed Improvement Value$430,649
Assessment Year2025

About this property

Welcome to 8105 Purple Martin Way in sought after Stonebridge Ranch. This beautifully maintained 4 bedroom ( 2 Primary suites one down and one up) 3 and half bath Darling built home is nestled on a quiet cul-de-sac. As you enter the home you are greeted by a private office to the left with french doors and plenty of natural light and to the right a formal dining room perfect for entertaining family and friends. This open concept home offers high ceilings, a paneled 2 story fireplace & walls of windows in the living room with gorgeous views of the back yard. You will love the updated kitchen that has an abundance of counter and cabinet space. Two windows were added recently that bring more light into the home. Right off of the breakfast area is a flex room that can be your second office, a small den, or a place to relax and enjoy the views. The primary bedroom downstairs includes a updated bath with separate shower and tub, and walk-in-closet. On the second level you will find your second primary suite with it's own bath, 2 more generous sized bedrooms that share another bath and a gameroom. Let's also not forget about the 3 car garage that is plumbed for another washer and dryer if you desire. This home was designed to enjoy from sitting on the covered front porch or from the landscaped backyard you will appreciate all that this home has to offer. Right around the corner is Traders Joe and HEB, local dining spots and highly rated schools. Interior painted 2026, foundation repaired 2026, replaced 3 windows with broken seals 2026, Both water heaters replaced 2024, kitchen remodeled including adding 2 new windows 2024, Upstairs air conditioner and duct work replaced 2022, french drains and additional gutters installed 2022.

Investor Tools

$112,176Estimated Mortgage Balance
$474,495Estimated Equity
80% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,750 /month
Positive
Cash Flow Estimate:
$1,250 /month

Interested in this property?

John Wendell

Pinnacle Realty Advisors

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$938/month
$1,204/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,326
$584,649
2025
$154,000
$430,649
$584,649
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,326
$584,649

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Primelending
Conventional
$125,000
No
First
Jan 19, 2021
Feb 2036

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$112,176
$472,473
80%
19%
$750/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,320/mo
$1,954/mo
+$366/mo
4.8%

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.

Explore Texas Explore This Area
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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