$498,000
NAL Estimated Property Value8700 Desert Dunes Trail, McKinney, TX, 75070
Off Market
Property Lead Type:
Off-Market ListHigh Equity
Highlights
Interior
AppliancesDishwasher, Disposal, Gas Cooktop, Microwave, Plumbed For Ice Maker
FlooringCarpet, Ceramic Tile
Building Information
Year Built2004
Stories2
Garage Spaces2
Land Information
APNR-8577-0CL-0100-1
Lot Number10
SubdivisionCraig Ranch North Phase 3 (Cmc)
Land UseResidential
Legal DescriptionCRAIG RANCH NORTH PHASE 3 (CMC), BLK CL, LOT 10
Census Tract030517
Assessed Land Value$115,000
Assessed Improvement Value$370,669
Assessment Year2025
About this property
Phenomenal four bedroom floor plan in acclaimed Craig Ranch with quick access to major arteries and feeds into Frisco ISD. All bedrooms downstairs with massive bonus room (teenager suite, game room, media room). Soaring ceilings throughout, privacy offered by split floor plan, half story upstairs and large corner lot. Natural light illuminates fresh carpet and tiled flooring. This home is eligible for lease to with the option to purchase.
Investor Tools
$498,000
Estimated Property Value
$272,108Estimated Mortgage Balance
$225,892Estimated Equity
45% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,988 /month
Positive
Cash Flow Estimate:
$996 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$781/month
$565/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,880
$485,669
2025
$115,000
$370,669
$485,669
No
Tax History
Year
Tax Paid
Assessed Value
2024
$6,880
$485,669
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guaranteed Rate Inc
Va
$309,457
Yes
First
Mar 28, 2020
Apr 2050
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$272,108
$225,892
45%
55%
$1,856/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,190/mo
$2,421/mo
+$769/mo
7.7%
