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$371,903

829 Emerling Dr, McKinney, TX, 75069

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,852 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$228.94 / sqft
Year BuiltBuilt in 2021

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2.5Bathrooms Full 2.5
AppliancesDishwasher, Disposal, Gas Range, Microwave

Building Information

Year Built2021
Stories2
Garage Spaces2

Land Information

APNR-12119-00E-0140-1
Lot Number14
SubdivisionMeridian At Southgate (Cmc)
Land UseResidential
Legal DescriptionMERIDIAN AT SOUTHGATE (CMC), BLK E, LOT 14
Census Tract030801
Assessed Land Value$100,000
Assessed Improvement Value$271,903
Assessment Year2025

About this property

Discover the charm of this inviting 3-bedroom, 2-bathroom home nestled in the serene Homes at Meridian community. Tucked away on a tranquil street, this residence boasts several upgrades, including a striking fireplace wall, enhancing its allure. Residents can relish in a host of amenities such as a dog park, scenic walking trails, a contemporary community center, and a refreshing pool. Designed for hassle-free living, the Homes at Meridian cater to individuals of all ages with dynamic lifestyles. Positioned near a newly developed City of McKinney park, the Meridian at Southgate community provides easy access to major highways, including State Highway 75, 121, and 5, facilitating seamless connections to the historic downtown McKinney shopping and dining district. Moreover, residents can anticipate the arrival of a state-of-the-art $220 million open-air amphitheater, further enriching the area's entertainment options.

Investor Tools

Property Icon
$371,903
Estimated Property Value
$0Estimated Mortgage Balance
$371,903Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,544 /month
Positive
Cash Flow Estimate:
$848 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$778/month
$296/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,472
$371,903
2025
$100,000
$271,903
$371,903
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,472
$371,903

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$371,903
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$296/mo
+$1,676/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.

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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829 Emerling Dr | Property Details | No Agent List