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Days2153Days on Market
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$439,900

8641 Gracewood Dr, McKinney, TX, 75070

On MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,816 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$242.24 / sqft
Year BuiltBuilt in 2014

Property Lead Type:

Off-Market ListHigh EquityCash Buyers

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Microwave, Plumbed For Ice Maker, Gas Water Heater
FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesRain Gutters
Lot Size28.19 acres

Building Information

Year Built2014
Stories1
Garage Spaces2

Land Information

APNR-10189-043-8641-1
Lot Number8641
SubdivisionRetreat At Craig Ranch The (Cmc)
Land UseResidential
Legal DescriptionRETREAT AT CRAIG RANCH THE (CMC), BLDG 43, UNIT 8641, (AMENDED) (AMENDED)
Census Tract030542
Assessed Land Value$140,000
Assessed Improvement Value$328,276
Assessment Year2025

About this property

Welcome home to effortless, low-maintenance living! This beautifully maintained 2-bedroom condo with a private study or flexible bonus room offers the perfect blend of comfort, convenience, and lifestyle. A charming covered front porch creates a warm first impression, while the spacious rear patio overlooks peaceful greenspace, providing the perfect setting to relax with your morning coffee or unwind at the end of the day. The thoughtfully designed floor plan offers flexibility for today's lifestyle, whether you need a home office, hobby room, or guest space. Pride of ownership is evident throughout this move-in ready home. Enjoy the peace of mind that comes with HOA dues covering exterior maintenance and exterior insurance, allowing you to spend less time on upkeep and more time enjoying the community's exceptional amenities. Residents have exclusive access to a private clubhouse featuring a reservable event space for gatherings, a fitness center, recreation area, and a private community pool. Ideally suited for those seeking a lock-and-leave lifestyle without sacrificing comfort, this exceptional home offers easy living in a welcoming community. BONUS: WASHER, DRYER AND REFRIGERATOR WILL CONVEY WITH THE HOME!

Investor Tools

$0Estimated Mortgage Balance
$468,276Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,810 /month
Positive
Cash Flow Estimate:
$937 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$765/month
$365/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$468,276
2025
$140,000
$328,276
$468,276
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$468,276

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$468,276
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,940/mo
$365/mo
+$1,575/mo
5.0%

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.

Explore Texas Explore This Area
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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8641 Gracewood Dr | Property Details | No Agent List