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$492,948

NAL Estimated Property Value

8312 La Quinta Lane, McKinney, TX, 75070

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,906 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$108.4 / sqft
Year BuiltBuilt in 2003

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
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Microwave
FlooringCarpet, Ceramic Tile

Exterior

Exterior FeaturesRain Gutters, Lighting

Building Information

Year Built2003
Stories2
Garage Spaces2

Land Information

APNR-8052-00J-0010-1
Lot Number1
SubdivisionCraig Ranch North Phase 1b (Cmc)
Land UseResidential
Legal DescriptionCRAIG RANCH NORTH PHASE 1B (CMC), BLK J, LOT 1
Census Tract030517
Assessed Land Value$115,000
Assessed Improvement Value$377,948
Assessment Year2025

About this property

Wonderful Craig Ranch home just down the street from the community pool and park! This home features the master bedroom down with 3 large secondary bedrooms upstairs with nice size game room. Cozy front covered porch and nice size backyard with garden and plenty of yard for play. Recent updates - Tornado Shelter, HVAC system 2017, Water Heater 2017, Roof & Gutters replaced 2017, Exterior paint 2017, Dishwasher 2019, Kitchen sink & faucet replaced 2018.

Investor Tools

Property Icon
$492,948
Estimated Property Value
$250,841Estimated Mortgage Balance
$242,107Estimated Equity
49% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,958 /month
Positive
Cash Flow Estimate:
$986 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$773/month
$660/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,809
$492,948
2025
$115,000
$377,948
$492,948
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,809
$492,948

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Union Home Mortgage Corp
Conventional
$283,500
No
First
Jun 1, 2020
Jul 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$250,841
$242,107
49%
51%
$1,700/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,190/mo
$2,360/mo
+$830/mo
7.8%

City: McKinney

8312 La Quinta Lane | Property Details | No Agent List