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$634,645

NAL Estimated Property Value

8705 Cedar Basin Dr, McKinney, TX, 75071

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,724 Sq Ft
price_per_sqft$231.28 / sqft
Year BuiltBuilt in 2020

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Microwave
FlooringCarpet, Ceramic Tile, Vinyl

Exterior

Exterior FeaturesRain Gutters

Building Information

Year Built2020
Stories1
Garage Spaces2

Land Information

APNR-11872-00L-0150-1
Lot Number15
SubdivisionTrinity Falls Planning Unit 3 Phase 2a
Land UseResidential
Legal DescriptionTRINITY FALLS PLANNING UNIT 3 PHASE 2A, BLK L, LOT 15
Census Tract030202
Assessed Land Value$154,000
Assessed Improvement Value$480,645
Assessment Year2025

About this property

Welcome Home! This stunning property was built in 2020 by Chesmar Homes and is perfectly situated on one of the most coveted streets in Trinity Falls! Upgrades abound throughout this meticulously maintained residence and the proximity to the walking trails, green spaces, private lakes, park and playground, with no neighbors in front is phenomenal! The highly sought after Brookville floor plan features an outstanding layout for families or could even work for multi-generational living. The open concept living, kitchen and dining rooms offer vaulted ceilings and the opportunity to extend the living space outside via a wall of sliding doors which open to the amazing covered patio with built in gas, brick fireplace! All 4 bedrooms are split from each other providing the ultimate privacy and relaxation for family and guests and a dedicated office affords a perfect spot to work from home. Enjoy the amazing amenities and lifestyle of Trinity Falls!

Investor Tools

Property Icon
$634,645
Estimated Property Value
$480,482Estimated Mortgage Balance
$154,163Estimated Equity
24% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,808 /month
Positive
Cash Flow Estimate:
$1,269 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$983/month
$375/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,626
$634,645
2025
$154,000
$480,645
$634,645
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,626
$634,645

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Provident Funding Associates Lp
Conventional
$496,000
No
First
Aug 13, 2024
Sep 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$480,482
$154,163
24%
76%
$2,974/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,520/mo
$3,349/mo
+$171/mo
6.7%

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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8705 Cedar Basin Dr | Property Details | No Agent List