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B+
NoAgentList RatingHow are grades calculated? Info

$289,000

9209 Chesapeake Lane, McKinney, TX, 75071

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths2,547 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$113.47 / sqft
Year BuiltBuilt in 2001

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3.5Bathrooms Full 3.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Range, Microwave, Plumbed For Ice Maker, Gas Water Heater
FlooringCarpet, Ceramic Tile, Laminate

Exterior

Exterior FeaturesRain Gutters, Lighting

Building Information

Year Built2001
Stories2
Garage Spaces2

Land Information

APNR-4410-00A-0070-1
Lot Number7
SubdivisionVirginia Hills Addition Phase One (Cmc)
Land UseResidential
Legal DescriptionVIRGINIA HILLS ADDITION PHASE ONE (CMC), BLK A, LOT 7
Census Tract030524
Assessed Land Value$85,500
Assessed Improvement Value$324,333
Assessment Year2025

About this property

Back on market to no fault of sellers or property. Meticulously updated, well-maintained 4 bedroom 3.5 bath in Prosper ISD!!! Open, flexible floor plan with master on first floor, second master and secondary bedrooms up. Eat-in kitchen boasts granite, subway tile backsplash, under mount sink, new SS appliances and recently painted cabinets. The game room and upstairs baths are nicely appointed. The patio was recently extended, pergola added and fence stained to complete the spacious area for playing or entertaining. See full updates and upgrades list in documents totaling 28K. This home will not disappoint for even your pickiest buyers and is move-in ready.

Investor Tools

Property Icon
$420,000
Estimated Property Value
$0Estimated Mortgage Balance
$213,636Estimated 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
$685/month
$244/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,115
$409,833
2025
$85,500
$324,333
$409,833
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,115
$409,833

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Quicken Loans Llc
Conventional
$232,754
No
First
Jul 20, 2020
Aug 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$206,364
$213,636
50%
49%
$1,396/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,520/mo
$1,640/mo
+$1,880/mo
10.1%

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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9209 Chesapeake Lane | Property Details | No Agent List