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$415,000

824 Emerling Dr, McKinney, TX, 75069

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,883 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$220.39 / sqft
Year BuiltBuilt in 2020

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2.5Bathrooms Full 2.5
AppliancesBuilt-In Gas Range, Dishwasher, Disposal, Gas Water Heater, Microwave
FlooringCarpet, Ceramic Tile, Vinyl

Exterior

Exterior FeaturesRain Gutters, Lighting

Building Information

Year Built2020
Stories2
Garage Spaces2

Land Information

APNR-12119-00D-0260-1
Lot Number26
SubdivisionMeridian At Southgate (Cmc)
Land UseResidential
Legal DescriptionMERIDIAN AT SOUTHGATE (CMC), BLK D, LOT 26
Census Tract030801
Assessed Land Value$100,000
Assessed Improvement Value$267,879
Assessment Year2025

About this property

Immaculate 3-Bed, 2.5-Bath Townhome with Office or Bonus Room & Rare Private Front Yard This beautifully maintained, like-new townhome offers the perfect blend of style, function, and comfort; ideal for today’s discerning buyers. $46,000 of upgrades are included. The open-concept floorplan features luxury vinyl plank flooring throughout the main living areas, kitchen, stairs, office, upstairs landing, and primary suite, combining modern elegance with low-maintenance living. The chef’s kitchen boasts granite countertops, a tiled backsplash, stainless steel appliances, a large island with a breakfast bar, and custom lighting. A cozy gas log fireplace adds warmth and charm to the inviting main level, while a dedicated office or bonus room provides the perfect work-from-home setup. Upstairs, the spacious primary suite includes a luxurious en-suite bath with a custom tiled shower, offering a spa-like retreat right at home, two secondary bedrooms, office or bonus room , full bath and large laundry room to complete the floor. Step outside to your rare, fully fenced private front yard - a standout feature for a townhome - complete with an upgraded patio with wood look ceramic tile pad, gazebo, and ambient outdoor string lighting, ideal for relaxing or entertaining. Additional highlights include a 2-car garage with alley access for secure parking and extra storage. Situated in a vibrant community offering a pool, picnic area with BBQ grills, dog park, and walking trails, and just steps from a brand-new city park with a playground, pond, boardwalk, shade structures, and acres of green space, this move-in-ready gem delivers the ultimate in comfort, convenience, and lifestyle. Don’t miss your chance to own this exceptional home in an unbeatable location!

Investor Tools

Property Icon
$370,000
Estimated Property Value
$377,000Estimated Mortgage Balance
$0Estimated Equity
-2% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,490 /month
Positive
Cash Flow Estimate:
$830 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$632/month
$325/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,730
$367,879
2025
$100,000
$267,879
$367,879
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,730
$367,879

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Usaa Fsb
Va
$377,000
Yes
First
Jun 20, 2025
Jul 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$370,925
N/A
0%
100%
$2,261/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$2,586/mo
$-614/mo
6.4%

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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824 Emerling Dr | Property Details | No Agent List