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$376,000

NAL Estimated Property Value

9116 Chesapeake Lane, McKinney, TX, 75071

Off MarketInfo
LeaseInfo
Beds4 Beds
Baths3 Bath
Baths2,033 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.22 / sqft
Year BuiltBuilt in 2000

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2.5Bathrooms Full 2.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal
FlooringLaminate

Building Information

Year Built2000
Stories2
Roof Type105
Garage Spaces2

Land Information

APNR-4410-00C-0100-1
Lot Number10
SubdivisionVirginia Hills Addition Phase One (Cmc)
Land UseResidential
Legal DescriptionVIRGINIA HILLS ADDITION PHASE ONE (CMC), BLK C, LOT 10
Census Tract030524
Assessed Land Value$90,000
Assessed Improvement Value$265,481
Assessment Year2025

About this property

Spacious 2 story with lots of windows for natural light, open floor plan with new laminate wood flooring and newly painted walls throughout the whole home. This home features granite counter tops and stainless steel appliances in the kitchen which looks out into a spacious backyard. This home is located in Prosper ISD. All bedrooms are upstairs including a loft for desk set up for kids or people working from you. There is no microwave, refrigerator, washer or dryer. Applicant to verify all information provided.

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$726/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,833
$355,481
2025
$90,000
$265,481
$355,481
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,833
$355,481

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Mortgage 4 U Llc
Conventional
$169,000
No
First
Aug 26, 2021
Sep 2036

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$153,743
$222,257
59%
41%
$1,014/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,520/mo
$1,014/mo
+$2,506/mo
11.2%

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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9116 Chesapeake Lane | Property Details | No Agent List