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B+
NoAgentList RatingHow are grades calculated? Info

$410,241

8820 Papa Trl, McKinney, TX, 75070

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,981 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$139.83 / sqft
Year BuiltBuilt in 2011

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Gas Range, Microwave, Plumbed For Ice Maker
FlooringCarpet, Other

Exterior

Exterior FeaturesRain Gutters

Building Information

Year Built2011
Stories2
Garage Spaces2

Land Information

APNR-9237-00B-007C-1
Lot Number7C
SubdivisionHemmingway At Craig Ranch Phase 3 (Cmc)
Land UseResidential
Legal DescriptionHEMMINGWAY AT CRAIG RANCH PHASE 3 (CMC), BLK B, LOT 7C
Census Tract030542
Assessed Land Value$100,000
Assessed Improvement Value$310,241
Assessment Year2025

About this property

Expertly updated townhome features 6 inch hardwood floors throughout the open concept floorplan. Epicurean kitchen includes a gas range, upgraded 36 inch cabinets, tile backsplash, granite countertops and island. Bonus of the master down with hardwood floors and a completely redone master bath featuring garden tub, walk-in updated shower, his and her sinks with granite, and a spacious walk in closet. Downstairs half bath has also been updated with new tile. A game room with hardwood floors and two secondary bedrooms are upstairs. Both floors have washer-dryer connections. This luxurious townhouse is just minutes from 121 for easy commute, dining choices and shopping. Owner is a licensed real estate agnt.

Investor Tools

Property Icon
$410,241
Estimated Property Value
$324,000Estimated Mortgage Balance
$89,541Estimated Equity
21% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,461 /month
Positive
Cash Flow Estimate:
$820 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$585/month
$150/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,975
$410,241
2025
$100,000
$310,241
$410,241
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,975
$410,241

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Provident Funding Associates Lp
Conventional
$324,000
No
First
Oct 30, 2025
Nov 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$320,700
$89,541
21%
78%
$1,943/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,440/mo
$2,093/mo
+$347/mo
7.1%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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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8820 Papa Trl | Property Details | No Agent List