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$403,914

NAL Estimated Property Value

8216 Shasta Dr, McKinney, TX, 75071

Off MarketInfo
LeaseInfo
Beds3 Beds
Baths2 Bath
Baths1,702 Sq Ft
price_per_sqft$1.47 / sqft
Year BuiltBuilt in 2007

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Dryer, Gas Cooktop, Gas Range, Microwave, Refrigerator, Washer
FlooringCarpet, Tile, Wood

Exterior

Exterior FeaturesAwning(s), Fire Pit, Rain Gutters

Building Information

Year Built2007
Stories1
Garage Spaces2

Land Information

APNR-8576-00A-0380-1
Lot Number38
SubdivisionVirginia Ridge Estates Phase 2 (Cmc)
Land UseResidential
Legal DescriptionVIRGINIA RIDGE ESTATES PHASE 2 (CMC), BLK A, LOT 38
Census Tract030546
Assessed Land Value$120,000
Assessed Improvement Value$283,914
Assessment Year2025

About this property

Refrigerator, washer, and dryer are included—along with full lawn and landscape care—for easy, low-maintenance living at an exceptional rental rate in this well-maintained home located in a sought-after McKinney neighborhood. Situated in an area known for exemplary McKinney ISD schools, with an elementary school within walking distance. The property features a two-car garage, oversized bedrooms with generous closet space, and a built-in fire pit, along with a very large, private backyard offering an extended patio, oversized covered patio with TV mount included, TV wiring, and patio furniture provided for tenant enjoyment. Inside, the inviting living area showcases a stone fireplace with gas logs, while the spacious kitchen offers ample storage with abundant cabinetry and granite countertops. Carpet is located in the bedrooms only, with hardwoods and tile throughout the remaining living areas. Bathrooms are sparkling clean and bright, and plantation shutters with window shadings are included throughout the home. The formal dining area also serves as a flexible bonus space, and a full sprinkler system complements the included yard care. Enjoy walking distance access to three catch-and-release fishing ponds, a quick walk to McKinney’s Adriatica, and the convenience of six grocery stores within one mile.

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$598/month
$400/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,151
$403,914
2025
$120,000
$283,914
$403,914
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,151
$403,914

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Everett Financial Inc
Conventional
$257,100
No
First
Mar 9, 2021
Apr 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$231,635
$172,279
42%
57%
$1,542/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,700/mo
$1,942/mo
+$758/mo
8.0%

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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