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B+
NoAgentList RatingHow are grades calculated? Info

$420,000

8817 Papa Trl, McKinney, TX, 75070

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,132 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$197 / sqft
Year BuiltBuilt in 2011

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

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

Exterior

Exterior FeaturesBalcony

Building Information

Year Built2011
Garage Spaces2

Land Information

APNR-9237-U0E-004B-1
Lot Number4B
SubdivisionHemmingway At Craig Ranch Phase 3 (Cmc)
Land UseResidential
Legal DescriptionHEMMINGWAY AT CRAIG RANCH PHASE 3 (CMC), BLK E, LOT 4B; ( UDI2022 ), UNDIVIDED INTEREST 66.0000000000% UDI2022
Census Tract030542
Assessed Land Value$66,000
Assessed Improvement Value$215,490
Assessment Year2024

About this property

Gorgeous townhome in desirable location of McKinney with Frisco ISD. Features 3 bedrooms, a office space & a gameroom, this home has it all! Move in ready & well maintained. Enter the home to wood floors in the living room. Entertain your guests in the spacious living room with fireplace. Open floorplan allows for kitchen to overlook into the living room. Enjoy cooking in the kitchen with granite counter tops, island, stainless steel appliances, pantry & plenty of cabinetry. The dining nook is large & inviting. Downstairs also has a powder bath & laundry room. The primary bedroom has own balcony and lots of natural light & features high ceilings. Relax in the bath with double sinks, large tub & separate shower. The other 2 bedrooms & full bath and is separated from the primary bedroom. There is also a game room for games or exercise & an office that has french doors with full closet which can be used as a guest room as well. Located near Hwy 121, lots of shopping, retail, restaurants.

Investor Tools

Property Icon
$380,000
Estimated Property Value
$0Estimated Mortgage Balance
$380,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,520 /month
Positive
Cash Flow Estimate:
$840 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$388/month
$368/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,760
$281,490
2024
$66,000
$215,490
$281,490
No

Tax History

Year
Tax Paid
Assessed Value
2023
$2,760
$281,490

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$380,000
100%
0%
$0/mo

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.

Explore Texas Explore This Area
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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8817 Papa Trl | Property Details | No Agent List