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$400,000

NAL Estimated Property Value

8708 Harmony Drive, McKinney, TX, 75072

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,671 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$209.46 / sqft
Year BuiltBuilt in 2002

Property Lead Type:

BankruptcyOff-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Range, Microwave
FlooringCarpet, Ceramic Tile, Laminate

Building Information

Year Built2002
Stories1
Garage Spaces2

Land Information

APNR-8064-00A-0210-1
Lot Number21
SubdivisionFountainview Phase Two (Cmc)
Land UseResidential
Legal DescriptionFOUNTAINVIEW PHASE TWO (CMC), BLK A, LOT 21
Census Tract030529
Assessed Land Value$110,000
Assessed Improvement Value$290,000
Assessment Year2025

About this property

Open and Bright, one story three bedrooms, two bath home located in Fountainview in Stonebridge Ranch with Amenities including Golf, Tennis, Pools, Lakes, Playgrounds and Walking Trails! Welcoming title entry opens to formal dining and living room with corner tile fireplace. Recent laminate flooring in Living, dining, hallway and Master room. Kitchen offers warm colors with tiled flooring and breakfast bar. Main bathroom boasts a garden tub, separate shower and two sinks. Nice covered back porch opens to a good sized back yard. Water heater Sept 2020, Dishwasher Sept 2020. Foundation repair done with lifetime transferable warranty. Brand new painting, new carpet, new tile and new toilet in MasterBath.

Investor Tools

Property Icon
$400,000
Estimated Property Value
$212,717Estimated Mortgage Balance
$187,283Estimated Equity
46% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,400 /month
Positive
Cash Flow Estimate:
$800 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$806/month
$840/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,668
$400,000
2025
$110,000
$290,000
$400,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,668
$400,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocket Mortgage Llc
Conventional
$232,500
No
First
Nov 17, 2021
Dec 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$212,717
$187,283
46%
53%
$1,394/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,320/mo
$2,234/mo
+$86/mo
7.0%

City: McKinney

8708 Harmony Drive | Property Details | No Agent List