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$363,882

821 Emerling Dr, McKinney, TX, 75069

$367,517 ARVInfo
Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,883 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$1.46 / sqft
Year BuiltBuilt in 2021

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2.5Bathrooms Full 2.5
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Water Heater, Microwave
FlooringCarpet, Ceramic Tile, Wood

Building Information

Year Built2021
Stories2
Garage Spaces2

Land Information

APNR-12119-00E-0160-1
Lot Number16
SubdivisionMeridian At Southgate (Cmc)
Land UseResidential
Legal DescriptionMERIDIAN AT SOUTHGATE (CMC), BLK E, LOT 16
Census Tract030801
Assessed Land Value$100,000
Assessed Improvement Value$263,882
Assessment Year2025

About this property

2021 Completed Brand NEW town home has fenced yard with patio-pergola. Super cute with wood floors . Middle unit has tons of windows for good natural lighting. Huge living-dining area. Kitchen with quartz, custom cabinets, walk-in pantry, pendant lights. Master and 2 secondary bedrooms upstairs. Loft area at top of stairs...perfect for study or homework area. Sliding patio doors off living room lead out to spacious patio with covered pergola, surrounded by grassy area. Next to grassy green area, plus greenbelt and doggy park right across the street. Community pool, BBQ areas, plus outdoor gathering area. Just steps away from wooded trails!

Investor Tools

Property Icon
$363,882
Estimated Property Value
$250,880Estimated Mortgage Balance
$133,918Estimated Equity
31% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$367,516
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,183 /month
Positive
Cash Flow Estimate:
$728 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$772/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,439
$363,882
2025
$100,000
$263,882
$363,882
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,439
$363,882

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Geo Corp Inc
Conventional
$250,880
No
First
Dec 30, 2021
Jan 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$229,964
$133,918
36%
63%
$1,505/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,505/mo
+$467/mo
6.5%

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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821 Emerling Dr | Property Details | No Agent List