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$505,996

8302 Falconet Circle, McKinney, TX, 75072

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,505 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$147.31 / sqft
Year BuiltBuilt in 1995

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
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Microwave, Plumbed For Ice Maker
FlooringCarpet, Ceramic Tile

Building Information

Year Built1995
Stories2
Garage Spaces2

Land Information

APNR-3038-00A-0320-1
Lot Number32
SubdivisionFalcon Creek Phase I (Cmc)
Land UseResidential
Legal DescriptionFALCON CREEK PHASE I (CMC), BLK A, LOT 32
Census Tract030525
Assessed Land Value$120,000
Assessed Improvement Value$385,996
Assessment Year2025

About this property

Wonderful neighborhood where you can walk to the park with a baseball diamond and all kinds of activities. Roof this week, Air Conditioning 3 years old and hot water heater 2020. You can't go wrong with this perfect location close to all the amenities of Stonebridge Ranch including Beach and tennis, Olympic sized pool, tennis, pickleball, and hike and bike paths. Zoned to excellent schools. Desirable floorplan with master down and 3 large secondary bedrooms and loft up. One bedroom would make a great media or game room. Lovely backyard with large patio, beautiful trees and idyllic setting for that morning cup of coffee. Private study with French doors for all those remote workers. Make this home yours!

Investor Tools

Property Icon
$505,996
Estimated Property Value
$0Estimated Mortgage Balance
$219,174Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,036 /month
Positive
Cash Flow Estimate:
$1,012 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$850/month
$840/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,665
$505,996
2025
$120,000
$385,996
$505,996
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,665
$505,996

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Quicken Loans Llc
Conventional
$316,500
No
First
Jun 29, 2021
Jul 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$286,822
$219,174
43%
57%
$1,898/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,020/mo
$2,738/mo
+$282/mo
7.2%

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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8302 Falconet Circle | Property Details | No Agent List