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$504,000

NAL Estimated Property Value

8704 Falcon Crest Drive, McKinney, TX, 75072

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,381 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$163.75 / sqft
Year BuiltBuilt in 1999

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
AppliancesDishwasher, Disposal, Double Oven, Electric Oven, Gas Cooktop, Microwave, Plumbed For Ice Maker
FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesRain Gutters

Building Information

Year Built1999
Stories2
Garage Spaces2

Land Information

APNR-3900-00H-0120-1
Lot Number12
SubdivisionFalcon Creek Phase Iv (Cmc)
Land UseResidential
Legal DescriptionFALCON CREEK PHASE IV (CMC), BLK H, LOT 12
Census Tract030525
Assessed Land Value$120,000
Assessed Improvement Value$362,762
Assessment Year2025

About this property

Beautifully remodeled light & bright Highland home in Stonebridge. Downstairs study doubles as a media room. This charmer has beautiful hardwood floors, an open floor plan with soaring ceilings in the entry & family room with windows overlooking the oversized backyard. Wonderful updated kitchen with granite countertops, gas cooktop, stainless steel appliances, & double ovens. Tons of cabinets & counter space. Oversized main floor guest bedroom with full bath! Huge master upstairs with 2 other large bedrooms. Steps from the award winning Eddins Elementary, Falcon Creek Park & Westridge Golf Course! Enjoy Stonebridge amenities including the Beach & Tennis Club, Aquatic Center, parks, hike & bike trails.

Investor Tools

Property Icon
$504,000
Estimated Property Value
$235,453Estimated Mortgage Balance
$268,547Estimated Equity
53% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,024 /month
Positive
Cash Flow Estimate:
$1,008 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$933/month
$840/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,673
$482,762
2025
$120,000
$362,762
$482,762
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,673
$482,762

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Bbva Usa
Conventional
$262,500
No
First
Apr 19, 2021
May 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$235,453
$268,547
53%
47%
$1,197/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,020/mo
$2,037/mo
+$983/mo
7.2%

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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8704 Falcon Crest Drive | Property Details | No Agent List