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$325,000

8628 Grassland Drive, McKinney, TX, 75070

$366,916 ARVInfo
Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,820 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$178.57 / sqft
Year BuiltBuilt in 2015

Property Lead Type:

Off-Market ListHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Microwave, Plumbed For Ice Maker, Vented Exhaust Fan, Tankless Water Heater, Gas Water Heater
FlooringCeramic Tile, Wood

Exterior

Lot Size28.19 acres

Building Information

Year Built2015
Stories1
Garage Spaces2

Land Information

APNR-10189-083-8628-1
Lot Number8628
SubdivisionRetreat At Craig Ranch The (Cmc)
Land UseResidential
Legal DescriptionRETREAT AT CRAIG RANCH THE (CMC), BLDG 83, UNIT 8628, (AMENDED) (AMENDED)
Census Tract030542
Assessed Land Value$140,000
Assessed Improvement Value$336,794
Assessment Year2025

About this property

Enjoy maintenance-free living in The Retreat at Craig Ranch. Built by Nathan Carlisle, this energy efficient, detached single-story condo with attached 2-car garage offers large luxury! Tall ceilings, open floor plan. Extensive warm woods accented by light, modern palette, stainless appliances, & gorgeous granite. Decorative touches include tasteful lighting, etched pantry doors & artistic wall curves. No carpet. Master suite includes dual sinks, garden tub, & large walk-in closet. 3rd bedroom could be used as study. Window coverings included, gas stubbed out on back porch. Grassy area great for pets. Residents have exclusive access to the neighborhood’s own community pool and a two-story clubhouse.

Investor Tools

Property Icon
$476,794
Estimated Property Value
$0Estimated Mortgage Balance
$476,794Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$366,915
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,861 /month
Positive
Cash Flow Estimate:
$954 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$549/month
$350/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,207
$476,794
2025
$140,000
$336,794
$476,794
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,207
$476,794

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$476,794
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,940/mo
$350/mo
+$1,590/mo
4.9%

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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8628 Grassland Drive | Property Details | No Agent List