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$534,581

NAL Estimated Property Value

8500 Lonesome Spur Trail, McKinney, TX, 75070

Off MarketInfo
Beds5 Beds
Baths3 Bath
Baths3,234 Sq Ft
price_per_sqft$104.82 / sqft
Year BuiltBuilt in 2005

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 2.5Bathrooms Full 2.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Plumbed For Ice Maker, Refrigerator, Water Heater
FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesRain Gutters

Building Information

Year Built2005
Stories2
Garage Spaces2

Land Information

APNR-8581-0AJ-0140-1
Lot Number14
SubdivisionCraig Ranch North Phase 5 (Cmc)
Land UseResidential
Legal DescriptionCRAIG RANCH NORTH PHASE 5 (CMC), BLK AJ, LOT 14
Census Tract030517
Assessed Land Value$120,750
Assessed Improvement Value$413,831
Assessment Year2025

About this property

Beautiful home located in desirable Craig Ranch, Frisco ISD, 5bdrms plus study. NEW ROOF! Featuring Wood floors & vaulted ceiling. Lrge kitchen with lots of cabinets & gorgeous granite, custom tile back splash. New gas cook top. Granite is also featured in the bulters pantry & utility room! New SS frig conveys to new owner. Over-sized Master suite is private from other bedroom and full bath located on the main level. Kitchen and breakfast area open to family area with cozy fireplace. Gameroom upstairs has media screen, projector and speakers that are negotiable with the sale. Walk to elementary school! This highly sought after community includes parks, pools, playground, six hike and bike trails. A Must See!

Investor Tools

Property Icon
$534,581
Estimated Property Value
$261,522Estimated Mortgage Balance
$273,059Estimated Equity
51% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,207 /month
Positive
Cash Flow Estimate:
$1,069 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$836/month
$580/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,356
$534,581
2025
$120,750
$413,831
$534,581
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,356
$534,581

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Citizens Bank Na
Conventional
$292,000
No
First
Dec 4, 2020
Jan 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$261,522
$273,059
51%
49%
$1,751/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,190/mo
$2,331/mo
+$859/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.

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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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8500 Lonesome Spur Trail | Property Details | No Agent List