$490,933
NAL Estimated Property Value8616 Laughing Waters Trl, McKinney, TX, 75070
Off Market
Property Lead Type:
Off-Market ListAbsentee Owner
Highlights
Interior
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Microwave, Vented Exhaust Fan
FlooringCarpet, Ceramic Tile, Wood
Exterior
Exterior FeaturesRain Gutters
Building Information
Year Built2007
Stories1
Garage Spaces1
Land Information
APNR-9224-00C-0120-1
Lot Number12
SubdivisionCraig Ranch North Phase 11 (Cmc)
Land UseResidential
Legal DescriptionCRAIG RANCH NORTH PHASE 11 (CMC), BLK C, LOT 12
Census Tract030517
Assessed Land Value$131,250
Assessed Improvement Value$359,683
Assessment Year2025
About this property
Well maintained 1 story 4 bedroom house on a large corner lot. Freshly designer painting all interior as well as exterior! Beautiful landscaped, spacious front porch, lovely covered patio. You will be amazed by the hardwood floors, granite counter-tops, SS appliances, oversize utility room, ceiling fans in all rooms, extra game-room living area between two bedrooms, too many to list. Refrigerator included! Priced below market, make it your sweet home before it's gone!
Investor Tools
$490,933
Estimated Property Value
$422,432Estimated Mortgage Balance
$68,501Estimated Equity
13% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,000 /month
Positive
Cash Flow Estimate:
$1,000 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$807/month
$835/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,231
$490,933
2025
$131,250
$359,683
$490,933
No
Tax History
Year
Tax Paid
Assessed Value
2024
$7,231
$490,933
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First Horizon Bank
Conventional
$445,500
No
First
Jul 20, 2023
Aug 2053
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$422,432
$68,501
13%
86%
$2,671/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,190/mo
$3,506/mo
$-316/mo
7.8%
