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$380,407

NAL Estimated Property Value

8700 Paradise Drive, McKinney, TX, 75070

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,930 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$134.72 / sqft
Year BuiltBuilt in 2006

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2.5Bathrooms Full 2.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Microwave, Plumbed For Ice Maker, Refrigerator
FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesRain Gutters

Building Information

Year Built2006
Stories2
Garage Spaces2

Land Information

APNR-8823-00A-031C-1
Lot Number31C
SubdivisionHemmingway At Craig Ranch Phase 1 (Cmc)
Land UseResidential
Legal DescriptionHEMMINGWAY AT CRAIG RANCH PHASE 1 (CMC), BLK A, LOT 31C
Census Tract030542
Assessed Land Value$100,000
Assessed Improvement Value$280,407
Assessment Year2025

About this property

END UNIT in Hemingway Townhomes with DOUBLE the WINDOWS of an interior unit and DOWNSTAIRS MASTER. Furniture, fridge and washer dryer to convey with the home. Granite kitchen and owner's retreat. Superb storage with HUGE walk in game room closet, spacious secondary bedrooms and small grassy area for pets. Highly rated FRISCO ISD. Monthly dues of $249 includes proration of the annual payment. 4mins to SRTollway, 13mins to Legacy West employers, shopping and dining and 13mins to downtown McKinney. Community Pool, Clubhouse and Fitness Center. NO INVESTOR PURCHASES ALLOWED AT PRESENT PER HOA.

Investor Tools

Property Icon
$380,407
Estimated Property Value
$320,658Estimated Mortgage Balance
$59,749Estimated Equity
15% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,282 /month
Positive
Cash Flow Estimate:
$761 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$543/month
$249/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,616
$380,407
2025
$100,000
$280,407
$380,407
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,616
$380,407

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Baba Lending Llc
Unknown
$323,000
No
First
Dec 29, 2025
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$320,658
$59,749
15%
84%
$1,937/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,440/mo
$2,186/mo
+$254/mo
7.7%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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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8700 Paradise Drive | Property Details | No Agent List