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$450,000

8624 Dewland Dr, McKinney, TX, 75070

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,273 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$197.98 / sqft
Year BuiltBuilt in 2015

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2.5Bathrooms Full 2.5
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Microwave, Plumbed For Ice Maker, Gas Water Heater
FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesFire Pit, Rain Gutters, Lighting
Lot Size28.19 acres

Building Information

Year Built2015
Stories2
Garage Spaces2

Land Information

APNR-10189-056-8624-1
Lot Number8624
SubdivisionRetreat At Craig Ranch The (Cmc)
Land UseResidential
Legal DescriptionRETREAT AT CRAIG RANCH THE (CMC), BLDG 56, UNIT 8624, (AMENDED) (AMENDED)
Census Tract030542
Assessed Land Value$140,000
Assessed Improvement Value$378,803
Assessment Year2025

About this property

Enjoy maintenance-provided living everyday at the prestigious Retreat at Craig Ranch! 6 years new, gently lived in & luxuriously appointed, this energy efficient, detached 2-story condo home features an open floor plan that boasts beautiful hardwood flooring, gourmet island kitchen w ss appl & granite counters. Spacious liv rm showcases a cozy gas fireplace. Backyard haven incl extended custom fencing w solar lighting, reinforced OK flagstone porch extension & walkway; beautifully landscaped. Enjoy relaxing & entertaining on this one of a kind cov patio! Lovely master suite down. Upstairs find 2 bedrooms, PLUS bonus room or office! Walk to fabulous clubhouse, fitness center, comm pool! MULTIPLE OFFERS.

Investor Tools

Property Icon
$518,803
Estimated Property Value
$451,250Estimated Mortgage Balance
$102,863Estimated Equity
13% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,113 /month
Positive
Cash Flow Estimate:
$1,038 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$821/month
$440/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,261
$518,803
2025
$140,000
$378,803
$518,803
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,261
$518,803

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Thrive Mortgage Llc
Conventional
$451,250
No
First
Mar 2, 2022
Apr 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$415,940
$102,863
19%
80%
$2,706/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,440/mo
$3,146/mo
$-706/mo
5.6%

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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8624 Dewland Dr | Property Details | No Agent List