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$575,324

NAL Estimated Property Value

8709 Backwater Bay Cv, McKinney, TX, 75071

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,547 Sq Ft
price_per_sqft$215.55 / sqft
Year BuiltBuilt in 2021

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
AppliancesBuilt-In Gas Range, Dishwasher, Disposal, Electric Oven, Gas Cooktop, Gas Water Heater, Microwave, Tankless Water Heater, Vented Exhaust Fan
FlooringCarpet, Tile, Vinyl

Exterior

Exterior FeaturesRain Gutters, Lighting, Private Entrance, Private Yard

Building Information

Year Built2021
Stories2
Garage Spaces2

Land Information

APNR-11897-00O-0180-1
Lot Number18
SubdivisionTrinity Falls Planning Unit 3 Phase 2b
Land UseResidential
Legal DescriptionTRINITY FALLS PLANNING UNIT 3 PHASE 2B, BLK O, LOT 18; (SEE R-11897-00O-0180-W FOR MUD ONLY ACCT)
Census Tract030202
Assessed Land Value$140,000
Assessed Improvement Value$435,324
Assessment Year2025

About this property

This beautifully designed 1.5 story home is located in the highly sought-after Trinity Falls community and features 3 bedrooms, 3 full bathrooms, private study, large game room and sunroom. Why buy new construction, when you’ll feel like home in this well-loved and cared for home that also includes additional custom-built features and upgraded selections. The welcoming extended front porch, leads into an entry highlighted by a custom-built shiplap wall. A dedicated private front office is perfect for work or study. The bright and open concept floorplan is complimented by dramatic, soaring 20’ vaulted ceilings! The connection between the kitchen, breakfast area with window seat, living room, and sunroom, creates the perfect space for gatherings or family moments. This stunning kitchen showcases an oversized white quartz island, extensive white cabinetry, newly installed subway tile backsplash, 5-burner gas cooktop and pantry. All 3 bedrooms are downstairs. Both guest bedrooms have window seats. The primary suite is to the back of the home and offers a spa-inspired ensuite bath and spacious master closet. A beautiful staircase leads you upstairs to a very large game room, full bath and closet. Custom built cabinets, shiplap, shelving and a beautiful wood folding area has been added to the laundry room. Solar screens were added to all windows in the sunroom and primary suite. Relax on the bench swing on the covered back patio to enjoy the sunsets. Trinity Falls community offers resort-style amenities including: 5 playgrounds, 2 pools, pickleball courts, splash pads, a dog park, a state-of-the-art fitness center, catch-and-release ponds, scenic jogging paths, and the new Frazier Elementary School. Trinity Falls is not just a place to live—it's a vibrant lifestyle waiting for you! Walking distance to Frazier Elementary! 5 Minutes to Hwy 75, close to Historic Downtown McKinney, and just a short drive to DFW airport! Make this beatiful home your own!

Investor Tools

Property Icon
$575,324
Estimated Property Value
$491,139Estimated Mortgage Balance
$84,185Estimated Equity
14% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,452 /month
Positive
Cash Flow Estimate:
$1,151 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$785/month
$375/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,548
$575,324
2025
$140,000
$435,324
$575,324
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,548
$575,324

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Homeowners Financial Group Usa Llc
Unknown
$494,000
No
First
Jan 5, 2026
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$491,139
$84,185
14%
85%
$2,962/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,700/mo
$3,337/mo
$-637/mo
5.6%

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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8709 Backwater Bay Cv | Property Details | No Agent List