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$469,634

NAL Estimated Property Value

8645 Gracewood Drive, McKinney, TX, 75070

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,826 Sq Ft
price_per_sqft$202.35 / sqft
Year BuiltBuilt in 2014

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Oven, Gas Cooktop, Microwave, Plumbed For Ice Maker
FlooringCeramic Tile, Wood

Exterior

Private PoolPrivate Pool
Lot Size28.19 acres

Building Information

Year Built2014
Stories1
Garage Spaces2

Land Information

APNR-10189-049-8645-1
Lot Number8645
SubdivisionRetreat At Craig Ranch The (Cmc)
Land UseResidential
Legal DescriptionRETREAT AT CRAIG RANCH THE (CMC), BLDG 49, UNIT 8645, (AMENDED) (AMENDED)
Census Tract030542
Assessed Land Value$140,000
Assessed Improvement Value$329,634
Assessment Year2025

About this property

Maintenance-free living at the Retreat at Craig Ranch. Quality upgrades throughout this energy-efficient, detached 1-story villa +2-car garage. Featuring: Tall ceilings-open floor plan boasts hardwood floors, gourmet island kitchen with SS appliances, granite counters & beautiful cabinetry. Gleaming hardwood floors! Spacious family room has gas log FP & ceiling speakers. Study could be 3rd bdrm. Master has dual sinks, garden tub & large walk-in closet. Covered patio has remote-controlled shades--an ideal upgrade for all seasons. Grassy area great for pets. Residents have exclusive community pool, clubhouse & fitness center. HOA maintains all of exterior & yard. Plenty of parking in back of home & in community.

Investor Tools

Property Icon
$469,634
Estimated Property Value
$260,258Estimated Mortgage Balance
$209,376Estimated Equity
44% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,818 /month
Positive
Cash Flow Estimate:
$939 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$849/month
$433/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,843
$469,634
2025
$140,000
$329,634
$469,634
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,843
$469,634

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Movement Mortgage
Conventional
$285,000
No
First
Oct 14, 2021
Nov 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$260,258
$209,376
44%
55%
$1,709/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,940/mo
$2,142/mo
$-202/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.

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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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8645 Gracewood Drive | Property Details | No Agent List