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$375,000

NAL Estimated Property Value

9201 Norfolk Lane, McKinney, TX, 75071

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,604 Sq Ft
price_per_sqft$233.48 / sqft
Year BuiltBuilt in 2001

Property Lead Type:

Off-Market ListHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Gas Water Heater, Microwave, Convection Oven, Refrigerator
FlooringCarpet, Tile

Exterior

Exterior FeaturesRain Gutters

Building Information

Year Built2001
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR-4684-00D-0180-1
Lot Number18
SubdivisionVirginia Hills Addition Phase Two (Cmc)
Land UseResidential
Legal DescriptionVIRGINIA HILLS ADDITION PHASE TWO (CMC), BLK D, LOT 18
Census Tract030524
Assessed Land Value$90,000
Assessed Improvement Value$257,158
Assessment Year2025

About this property

This beautifully maintained, move-in ready 3-bedroom, 2-bath home with a 2-car garage is nestled in the highly sought-after Virginia Hills community of McKinney. The main living areas feature elegant wood-look tile flooring throughout. The kitchen boasts fabulous counter space with tons of cabinets, nice pantry & an additional eating area plus refrigerator & updated appliances featuring a versatile range with convection and air frying modes, warming zones & more. A generously sized breakfast bar opens to the living and formal dining areas, complemented by custom built-ins that provide great storage for all your living and entertaining needs. The primary suite offers a luxurious custom closet system and a private ensuite bath complete with a large garden tub, double vanities, separate shower, and linen closet. Two additional bedrooms and a full bath are located on the opposite side of the home, providing privacy and flexibility for family or guests. Each secondary bedroom features ceiling fans and generous closet space. Enjoy the beautifully landscaped yard, complete with an arbor and an extended patio perfect for outdoor living. Full sprinklers, gutters, and French drains make maintenance a breeze. Many major updates include HVAC, HWH, windows, new interior paint & more! Conveniently located just minutes from H-E-B, Trader Joe’s, Whole Foods, top-rated schools, golf, dining, and the best commuter routes. This home offers both comfort and convenience!

Investor Tools

Property Icon
$375,000
Estimated Property Value
$0Estimated Mortgage Balance
$375,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,250 /month
Positive
Cash Flow Estimate:
$750 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$307/month
$264/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,811
$347,158
2025
$90,000
$257,158
$347,158
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,811
$347,158

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$375,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,700/mo
$264/mo
+$2,436/mo
8.6%

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.

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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9201 Norfolk Lane | Property Details | No Agent List