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$370,169

9216 Newport Ln, McKinney, TX, 75071

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,505 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.66 / sqft
Year BuiltBuilt in 2000

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Dryer, Gas Oven, Gas Range, Gas Water Heater, Ice Maker, Refrigerator, Washer
FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesCourtyard, Rain Gutters, Private Yard

Building Information

Year Built2000
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR-4410-00D-0020-1
Lot Number2
SubdivisionVirginia Hills Addition Phase One (Cmc)
Land UseResidential
Legal DescriptionVIRGINIA HILLS ADDITION PHASE ONE (CMC), BLK D, LOT 2
Census Tract030524
Assessed Land Value$90,000
Assessed Improvement Value$280,169
Assessment Year2025

About this property

This amazing home has more than you would ever expect from a rental property! Show like a model house! Immaculate and ready for your family to call it home, this house is full of beautiful upgrades! Located minutes from 75, Dallas North Toll way and 380 it provides great accessibility! Zones fro the highly acclaimed Prosper ISD! This house has the coveted open space concept, the kitchen opens up to the dinning area and living room, perfect for getting together with friends! The dinning space transitions to the backyard to make entertaining a great experience! Sit in front of the fireplace for you to share a cozy evening with your loved ones. Both bathrooms have been beautifully updated! Don't miss this incredible opportunity!

Investor Tools

Property Icon
$370,169
Estimated Property Value
$290,500Estimated Mortgage Balance
$101,908Estimated Equity
22% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,221 /month
Positive
Cash Flow Estimate:
$740 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$675/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,249
$370,169
2025
$90,000
$280,169
$370,169
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,249
$370,169

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rlm Mortgage Llc
Conventional
$290,500
No
First
Apr 14, 2022
May 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$268,261
$101,908
27%
72%
$1,742/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,700/mo
$1,742/mo
+$958/mo
8.8%

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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9216 Newport Ln | Property Details | No Agent List