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B+
NoAgentList RatingHow are grades calculated? Info

$324,900

9224 Manassas Ridge, McKinney, TX, 75071

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths3,248 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$100.03 / sqft
Year BuiltBuilt in 2001

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2.5Bathrooms Full 2.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesConvection Oven, Double Oven, Gas Cooktop, Microwave, Plumbed For Ice Maker, Gas Water Heater
FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesRain Gutters

Building Information

Year Built2001
Stories2
Roof Type105
Garage Spaces2

Land Information

APNR-4410-00L-0010-1
Lot Number1
SubdivisionVirginia Hills Addition Phase One (Cmc)
Land UseResidential
Legal DescriptionVIRGINIA HILLS ADDITION PHASE ONE (CMC), BLK L, LOT 1
Census Tract030524
Assessed Land Value$98,325
Assessed Improvement Value$380,718
Assessment Year2025

About this property

This well maintained home in coveted Prosper ISD has an abundance of incredible updates. Hand-scraped and chiseled hickory engineered wood flooring, crown molding, and 5-panel shaker doors throughout. The kitchen opens to the living room and boasts quartz counter-tops, shaker-style cabinets, a 33 inch apron-front sink, updated appliances, and a custom made butcher block island top. An enormous master bedroom with an abundance of natural light and a gorgeously updated bathroom is the perfect retreat. Residents of this community enjoy convenient access to 380, DNT, 121, 75, a neighborhood park and a wealth of shopping and dining options. Be prepared to be dazzled as you step inside and know that you are home!

Investor Tools

Property Icon
$479,043
Estimated Property Value
$0Estimated Mortgage Balance
$139,212Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,874 /month
Positive
Cash Flow Estimate:
$958 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$796/month
$244/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,161
$479,043
2025
$98,325
$380,718
$479,043
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,161
$479,043

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guaranteed Rate Inc
Conventional
$366,000
No
First
Jul 20, 2022
Aug 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$339,831
$139,212
29%
71%
$2,195/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,520/mo
$2,439/mo
+$1,081/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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9224 Manassas Ridge | Property Details | No Agent List