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$395,000

8108 Raintree Drive, McKinney, TX, 75071

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,751 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$143.58 / sqft
Year BuiltBuilt in 2006

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2.5Bathrooms Full 2.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesGas Range, Microwave, Plumbed For Ice Maker, Gas Water Heater
FlooringCarpet, Ceramic Tile, Laminate

Building Information

Year Built2006
Stories2
Garage Spaces2

Land Information

APNR-8576-00D-0100-1
Lot Number10
SubdivisionVirginia Ridge Estates Phase 2 (Cmc)
Land UseResidential
Legal DescriptionVIRGINIA RIDGE ESTATES PHASE 2 (CMC), BLK D, LOT 10
Census Tract030546
Assessed Land Value$120,000
Assessed Improvement Value$339,766
Assessment Year2025

About this property

Lots of Updates. Walk to Stonebridge Ranch and lots of shopping. Great location. Pond nearby. 4 BR with Game & Media Rooms Up. Could be used as 5th BR or M-I-L. Pool sized, Very Private Backyard! Beautifully landscaped w- gardens and Covered Patio. Ceiling fans galore! Alarm, Sprinkler, 8x10 tough shed '14, Board on Board Fence w-new stain '17. Kitchen has granite, SS appl, undermount sink, built inCoffee. New Roof & gutters '17, New H20 heater '20, Two new AC units '18 AC Captura HEPA filtration system that filters out 99.97% effective at removing particles, Captura UV and Oxidation system & a Captura Polarized Media Cleaner system. New .75 HP belt drive Garage door '17. New Stainless fixtures & LED Cans.

Investor Tools

Property Icon
$459,766
Estimated Property Value
$0Estimated Mortgage Balance
$339,237Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,759 /month
Positive
Cash Flow Estimate:
$920 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$674/month
$400/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,790
$459,766
2025
$120,000
$339,766
$459,766
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,790
$459,766

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Movement Mortgage
Conventional
$133,000
No
First
Jun 23, 2021
Jul 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$120,529
$339,237
73%
26%
$798/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,520/mo
$1,198/mo
+$2,322/mo
9.2%

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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8108 Raintree Drive | Property Details | No Agent List