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$469,451

NAL Estimated Property Value

8613 Gracewood Drive, McKinney, TX, 75070

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,816 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$181.66 / sqft
Year BuiltBuilt in 2014

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms 2Bathrooms 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Microwave, Plumbed For Ice Maker, Gas Water Heater
FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesRain Gutters, Lighting
Lot Size28.19 acres

Building Information

Year Built2014
Stories1
Garage Spaces2

Land Information

APNR-10189-029-8613-1
Lot Number8613
SubdivisionRetreat At Craig Ranch The (Cmc)
Land UseResidential
Legal DescriptionRETREAT AT CRAIG RANCH THE (CMC), BLDG 29, UNIT 8613, (AMENDED) (AMENDED)
Census Tract030542
Assessed Land Value$140,000
Assessed Improvement Value$329,451
Assessment Year2025

About this property

Beautiful Single Detached One Story Condo, Built by Nathan Carlisle in the Master Planned Community of The Retreat at Craig Ranch! Offers open floor concept, rich wood flooring, well appointed kitchen for the chef in you, Granite Ctops, SS Appls, Large Kitchen Island-Breakfast bar. Custom Fireplace in Living Room, & Shutters throughout. Large Master Bedroom has California Closet System! Study designed to use as optional 3rd bedroom. HOA includes lawn care,community pool w hot tub, & large clubhouse w social activities. This one has it all and will not disappoint!

Investor Tools

Property Icon
$469,451
Estimated Property Value
$224,464Estimated Mortgage Balance
$244,987Estimated Equity
52% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,817 /month
Positive
Cash Flow Estimate:
$939 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$689/month
$350/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,916
$469,451
2025
$140,000
$329,451
$469,451
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,916
$469,451

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Jpmorgan Chase Bank Na
Conventional
$259,680
No
First
Jul 25, 2019
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$224,464
$244,987
52%
48%
$1,557/mo

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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8613 Gracewood Drive | Property Details | No Agent List