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$886,000

8601 Wakefield Dr, McKinney, TX, 75070

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths3,695 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$242.22 / sqft
Year BuiltBuilt in 2012

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3.5Bathrooms Full 3.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Cooktop, Microwave, Double Oven, Tankless Water Heater
FlooringCarpet, Ceramic Tile, Hardwood

Exterior

Private PoolPrivate Pool
Exterior FeaturesCovered Courtyard, Rain Gutters, Outdoor Grill, Outdoor Kitchen, Private Entrance, Private Yard
Lot Size8,204 sqft

Building Information

Year Built2011
Stories2
Garage Spaces2

Land Information

APNR-9045-00G-33R1-1
Lot Number33R1
SubdivisionPhase 2 Of The Estates At Craig Ranch We
Land UseResidential
Legal DescriptionPHASE 2 OF THE ESTATES AT CRAIG RANCH WEST (CMC), BLK G, LOT 33R1; ( AMENDING ) AMENDING
Census Tract030542
Assessed Land Value$189,525
Assessed Improvement Value$670,866
Assessment Year2025

About this property

Situated on a 0.2-acre corner lot within the sought-after Craig Ranch community, this meticulously maintained, single-owner home offers a commanding presence with thoughtful design and low-maintenance living, PLUS A RARE ONE-TIME WAIVER OF THE CURRENT $150,000 INITIATION FEE FOR A CHARTER GOLF MEMBERSHIP AT TPC CRAIG RANCH. A gated front courtyard leads to a covered, arched entry, creating a private, refined arrival. A striking Spanish barrel tile roof with multiple elevations enhances the home’s architectural character and durability. Positioned within the highly regarded Estates at Craig Ranch, this 2012-built home is ideally located in a master-planned golf course setting with access to TPC Craig Ranch, parks, and trails. Directly across the street, a scenic canal system—one of the community’s most distinctive features—offers walking paths and lush landscaping in a peaceful, park-like setting. Spanning nearly 3,700 square feet (appraiser-measured; larger than tax records), the light-filled, open-concept layout includes 5 bedrooms, 4 full baths, a dedicated office, and generous living and dining areas. The chef’s kitchen features wood cabinetry, granite counters, stainless steel appliances, and a large island with seating. Hardwood floors, plantation shutters, and a neutral palette create a clean, move-in ready aesthetic throughout. The private primary suite offers a spacious retreat with a spa-like bath including dual vanities, soaking tub, separate shower, and walk-in closet. Upstairs, a game room, bedroom, and full bath provide flexible space for guests or everyday living. Outdoor living shines with a resort-style pool and spa with wading deck, covered patio, screened pergola, and built-in grill with refrigerator. A rare opportunity to experience refined, amenity-rich living in one of McKinney’s most established communities. Zoned to Frisco ISD with convenient access to dining, shopping, employers, and commuter routes including Sam Rayburn Tollway and US-75.

Investor Tools

Property Icon
$886,000
Estimated Property Value
$75,000Estimated Mortgage Balance
$811,325Estimated Equity
92% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,370 /month
Positive
Cash Flow Estimate:
$1,790 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$937/month
$208/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,811
$860,391
2025
$189,525
$670,866
$860,391
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,811
$860,391

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First Financial Bank
Credit Line (Revolving) / Heloc
$75,000
No
First
Mar 2, 2026
Mar 2046

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$74,675
$811,325
91%
8%
$450/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,440/mo
$658/mo
+$1,782/mo
3.3%

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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8601 Wakefield Dr | Property Details | No Agent List